The crypto-world is filled with many wallets and exchanges for that manage store and help in exchanging a variety of coins and tokens. Some wallets and exchanges offer support to a few coins while others provide support to the other few. This keeps the crypto holder confused and often one finds the users managing a variety of wallets and exchanges- for all currencies including fiats and digital. While managing too many wallets and exchanges is a difficult task in itself, the chances of losing private keys of these wallets also increase risking crypto-holders assets. Understanding this problem, EO Group has created a wallet called EO.finance which works as a Financial Management Platform providing a bridge between all currencies, fiat and digital
About EO.Finance wallet
EO.Finance is a wallet app which was created by EO Group with an aim to create an economy which lets people bring fiat and cryptocurrencies to purchase real-world products. EO.Finance is available across all platforms on mobile, tablets and web browsers providing anytime, anywhere seamless access to one’s wallet with full functionality. The wallet is licensed one as EO Group has a European license with the Estonian Financial Intelligence Unit, with numbers FRK000161 and FVR000193. The wallet tries to provide a complete experience of both sovereign fiat and cryptocurrencies with the multiple products that it has under its ecosystem. Apart from seamless performance, the app also has pretty high standards of security using Tier3 data centers encryption for storage, TLS, and PCI/DSS.
Use Case of EO. Finance
EO.Finance currently hosts multiple currencies in both cryptos and fiats. A user can currently use this wallet to
- Buying cryptocurrencies
- Storing cryptocurrencies
- Managing Fiat money online
- Exchanging Fiat for Cryptocurrencies
- Exchanging Cryptocurrencies for Fiat
With both forms of money, crypto and fiats, integrated together a user has control over all his asset in one place with no hassle to move assets from one wallet to another.
For depositing the funds, EO.Finance creates 50+ accounts for the user allowing ease in adding funds using bank cards and wire transfers. EO.Finance is currently working with all crypto wallets and exchanges to provide seamless integrations. With over 2500+ currency pairs the wallet provides the most comprehensive platform to exchange fiat with cryptos and vice-versa.
Cryptocurrencies: Bitcoin, Ethereum, Litecoin, Neo, Bitcoin Cash, Ripple, Monero, Dash, Gas, Ethereum Classic, 0x, aelf, Aeternity, Aion, Augur, Basic Attention Token, CyberMiles, Decentraland, Dent, DigixDAO, Ethos, FunFair, Gifto,Golem, IOST, Loom Network, Looping, Mainframe, Nuls, OmiseGO, Populous, Power Ledger, Pundi X, Selfkey, Status, Theta Token, Waltonchain, Zilliqa
Fiats: Euro, US dollar, British pound
The other parts –EO Coin and EO Card
EO Coin is the proprietary token of the EO Group which can be used across EO. Finance and other projects of the EO ecosystem. If a user buys EO coin and uses to pay their transaction fees on the currency exchange, the fees for the transaction are discounted to 50%
EO Card is an upcoming product of the EO Group which will let users utilize their EO. Finance account and help them by using both fiat and cryptocurrencies as they may like. As users can link their currency accounts with EO. Finance app, they will be able to withdraw cash from any ATM across the
EO Referral program
A current client will receive a customized referral link, which they can share with their friends, relatives, affiliates and other users. The user that refers ears 30% of all the commissions paid to EO.Finance by each of the referees. If any of referees become the referrer and refers other users to EOTRADEX, then the current client will be entitled to 5% of all the commissions paid to EO. All referral rewards are paid in a currency used to initiate a transaction on EO.Finance account.
The wallet is backed by a strong company with 100+ professional in 6 different countries providing support and customer service to the users across the globe. Apart from the wallet EO group is constantly adding new products to the EO system. The same development and management group has worked on the highly successful ExpertOption brand and are now developing the other products of the ecosystem such as EO. News, and EO.Trade. Once the ecosystem is in place completely, EO will be a one-stop platform for traders of fiat and crypto coins utilize their assets in just one platform.
Finance seems like a really good platform and one that can be used by all kinds of customers. The seamless experience, multiplatform support and a huge number of coin and fiat support definitely make it one of the best platform available. As the EO ecosystem develops things would just become more comprehensive and the platform may become a one-stop solution to all crypto and fiat transactions.
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.
Passionate about Blockchain and has been researching and writing about the Blockchain technology for over a year now. Also holds expertise in digital marketing. follow me on twitter at @sagar2803 or reach out to him at sagar[at]coingape.com