Presently, Zero Hash delivers free crypto trades
Challenger banking startup Current offers its more than four million members free cryptocurrency trading through its new partnership with crypto-as-a-service infrastructure provider Zero Hash.
The integration with Zero Hash gives Current members the power to buy and sell bitcoin, ethereum and dozens of cryptoassets without trading fees, according to a press release Wednesday (Oct. 19).
“At Current, we’ve always been focused on getting people into the financial system,” said the Current CTO Trevor Marshall.
“Now, through partnering with Zero Hash, we are able to instantly onboard our over four million members into cryptocurrency through a trusted entity in Current. This allows Current members to be participants in these alternative networks and benefit from the value they create to improve their financial performance,” Marshall added.
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People who use Current receive instant liquidity from their trades, meaning they never wait for the money to settle. Instant access to funds also means they can buy and sell without having to move money around, according to the release.
Zero Hash provides crypto trading infrastructure for liquidity, custody and regulation and compliance for fiat-to-crypto conversion that removes technological nuances.
“We’re seeing the most agile FinTechs now offer crypto to meet consumer demand and ensure their users stay sticky. Our turnkey digital asset solution allows Current to focus on building innovative products and experiences for its customers, launching quickly and securely and with little regulatory burden,” said Edward WoodfordCEO and co-founder of Zero Hash.
Read more: PYMNTS report: 60% of affluent consumers still buy crypto as an investment
Headquartered in Chicago and founded in 2015, Zero Hash is a B2B2C embedded infrastructure platform that enables platforms to integrate digital assets into their own customer experience. Its end-to-end solution takes care of the backend and regulatory licensing requirements necessary to offer crypto products.
Located in Manhattan and founded in 2015 by the CEO Stuart SoppCurrent uses proprietary banking technology to provide affordable financial services to more people with the goal of achieving better outcomes, according to its website.