As cryptocurrencies continue to transition from a niche product for an internet subculture into a household commodity used by millions of people around the world, there is an unmistakable demand for simple, secure, and capable crypto products. For instance, a study by cybersecurity firm Kaspersky found that only 10% of people “get” crypto, a potent reminder that for the ecosystem to thrive, it has to be as intuitive and easy-to-use as possible.
In that spirit, EBO, an open finance ecosystem, is launching its mobile app that brings simple, safe, and secure crypto storage that is versatile enough to meet the needs of novice and experienced users alike. The EBO Ethereum Crypto Wallet is available in the Apple App Store, and users can get started today without having to navigate any complicated hurdles, quickly equipping users with unparalleled control of their cryptocurrency.
The crypto space is often more complicated than many users would like, so the EBO Ethereum Crypto Wallet stands apart as a one-stop-shop that’s able to propel a new era of open finance.
Simple But Incredibly Capable
EBO’s mobile wallet is powered by Ethereum, which means that it is built upon one of the most familiar blockchains on the market today. As part of an ecosystem comprised of thousands of blockchain-based platforms, EBO’s mobile wallet is, in simple terms, where the action happens. The app is available 24/7 in all 206 countries, making it an always accessible, always reliable service for the global crypto movement.
What’s more, EBO users can access the app in minutes. For example, EBO doesn’t require users to produce a login or registration information. Most people need little more than an internet connection to get started.
Of course, compromising functionality for convenience is a non-starter for most people. Therefore, EBO allows users to complete traders directly from their wallet with just a single click. At the same time, EBO users maintain full custody of their digital assets stored in their Ethereum Crypto Wallet. In that spirit, EBO users never pay deposit or withdrawal fees, and when users download the app, they have access to a borderless, permissionless blockchain infrastructure that entices so many people to give these new assets a try.
In addition, several advanced tools come standard with the app, including an Ethereum full-featured Blockchain Explorer, Ethereum full-featured DEX, Ethereum Mobile wallet app, and Ethereum Browser wallet app.
Collectively, EBO describes these services as the first “Full Circle Open Finance Infrastructure,” a term that speaks both to the possibility and the expectation of the next generation of financial instruments.
Taken together, the EBO Ethereum Crypto Wallet offers an attractive interface that isn’t a replacement for functionality. It’s a compliment to an extremely competent service that’s well-suited for crypto users looking for alternatives to existing wallet services.
More Than Just a Movement
Overall, the cryptocurrency movement continues to expand. In many ways, cryptocurrencies are a uniquely prescient expression of finance in our digital-first world. At the same time, they address many of the privacy and accessibility shortcomings that have hobbled traditional financial institutions for decades.
In total, there are billions of people who are either unbanked or underwhelmed by current financial products. In that way, open finance, the expansive economic infrastructure built upon blockchain technology, is becoming one of the most prominent buzzwords and current industry trends.
As Terrance Sullivant, founder of EBO, explains, “We believe that the world needs open finance now more than ever. EBO provides an open, accessible, and reliable solution that empowers end users to fully control their digital assets and explore a new world of peer to peer transactions.”
Many are already declaring 2020 the year of decentralized finance, and apps like EBO’s Ethereum Crypto Wallet will make that process simpler and easier to manage. It feels like the right product for just such a moment.
Disclaimer The views, opinions, positions or strategies expressed by the authors and those providing comments are theirs alone, and do not necessarily reflect the views, opinions, positions or strategies of CoinGape. Do your market research before investing in cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.
I am an entrepreneur and a writer with a bachelors degree in Computer Science. I manage the blockchain technology and crypto coverages at Coingape. follow me on Twitter at @arya_achal or reach out to me at achal[at]coingape.com.