Vilnius, Lithuania–(Newsfile Corp. – March 17, 2022) – Bitlocus, a global financial technology company, has launched a new product – The Bitlocus Investing Platform, bringing more FIAT users into the DeFi space.

According to Invesco, 46% of Europeans participate in investment funds, and 86% of people consider receiving income from their investments as important.

Slow cryptocurrency adoption rates are directly tied to the complexity and risk users face when entering the Decentralized Finance (DeFi) investing space. To reduce the barrier of entry and onboard FIAT users into the DeFi world, Bitlocus has launched an easy-to-use investing platform acting as an intermediary between Centralized and Decentralized finance.

Bitlocus allows users to deposit traditional currencies, like euros, which the platform automatically converts to crypto and stakes the assets in DeFi yield protocols – generating daily compound interest rates.

Andrius Normantas, the CEO of Bitlocus, shared:

“Our goal is to draw crypto and traditional currencies together. Our new product – a centralized DeFi management platform, is a successful first step towards bringing mass adoption to the DeFi space.”

The Bitlocus Investing Platform also allows users to convert their crypto yield generated by staking to euros and make withdrawals directly to their bank accounts.

The first investment option provided on the Bitlocus Investing Platform is Anchor Protocol. The Bitlocus Investing platform acts as an intermediary between the user and Anchor Protocol.

About Bitlocus

Bitlocus is a global financial technology company. The main mission of Bitlocus is to bring fiat and cryptocurrencies together via features such as fiat-to-crypto exchange, payment cards, crypto payments processing, liquidity, and other services. For more information please visit https://bitlocus.com/.

Media Contact:

Bitlocus
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/117079

Powered by WPeMatico