Promoting Financial Access Through Blockchain – The Unbanked Project
According to a number of statistics, as many as 1.4 billion people are unbanked – that is, they do not have an account with any of the traditional financial institutions. Although there have been significant improvements over the past couple of years, more work is needed to embrace the digital world more quickly. Unbanked, through blockchain and cutting-edge technology, hopes to achieve that.
Unbanked is a US-based, SEC-registered company that aims to connect cryptocurrencies and decentralized finance [DeFi] to traditional financial institutions, debit cards, etc. Through blockchain technology, Unbanked introduces global accounts focused on cryptocurrency. Unbanked is committed to empowering users to take absolute control of their currencies and enjoy a better banking experience.
The team combines the utility and efficiency of cryptocurrencies with the level of familiarity synonymous with traditional financial institutions. Unbanked prioritizes global accessibility – bring as many users as possible in compliance with regulatory laws.
Features of Unbanked
Unbanked understands the importance of financial access – the website describes it as a basic human right. This US-based project will enable financial access at all levels through blockchain technology. Unbanked supports many features, such as the UNBNK token, to achieve this magnificent feat.
As the original token of the Unbanked project, UNBNK serves as the expendable asset of the debit card. When you deposit cryptocurrencies such as Bitcoin or Ethereum, it is immediately and automatically converted to UNBNK and held until you use it. It continues; Unbanked cardholders can seamlessly stake UNBNK and earn between 1% to 6% back in rewards for total card spend.
UNBNK is actively available on the Stellar and Ethereum blockchains, and with a maximum supply of 1 billion, Unbanked uses a burning mechanism to rebalance the token across chains. Additionally, UNBNK is a deflation token, meaning that the maximum supply will continually decrease as more users are onboarded over time.
In addition to the UNBNK token, Unbanked has a better financial banking experience. The project’s intuitive bank accounts provide US residents with a global, accessible and crypto-friendly financial tool capable of tracking everything – expenses, purchases, transfers, etc.
Unbanked also guarantees seamless cross-border transactions as an added feature. Although there are many international payment gateways, Unbanked provides a faster, cheaper and more convenient option.
You can make cross-border payments with Unbanked. In a hassle-free way, you can buy BTC, ETH and UNBNK token with your bank account. That’s not all; Without a bank guarantees immediate payments, eliminating delays associated with traditional purchases to a greater extent. Super fast crypto purchases mixed with instant settlements are some of the other features of Unbanked.
Achievements of the Unbanked Project
As one of the most innovative projects in DeFi, crypto and traditional areas, since its launch, Unbanked has committed to deliver a sublime banking experience. Residents of over 200+ countries can easily get FDIC bank accounts to buy cryptocurrencies.
US and European residents, on the other hand, can get unbanked crypto debit cards. According to the team, these cards are already available in the US and Europe, with more regions coming in the coming months such as Latin America and India.
Unbanked has partnered with various banks and card networks. It is currently a VISA and Mastercard program leader, and according to recent reports, Unbanked may launch AMEX’s new NFT card. In addition, Unbanked provides card and technology support to a few web3 companies such as Litecoin Card.
Availability of crypto cards
With many crypto card companies shutting down recently, availability in certain regions has been limited. If you live in the following countries, you can register for a card now.
According to a number of statistics, as many as 1.4 billion people are unbanked – that is, they do not have an account with any of the traditional financial institutions. Although there have been significant improvements over the past couple of years, more work is needed to embrace the digital world more quickly. Unbanked, through blockchain and cutting-edge technology, hopes to achieve that.
Unbanked is a US-based, SEC-registered company that aims to connect cryptocurrencies and decentralized finance [DeFi] to traditional financial institutions, debit cards, etc. Through blockchain technology, Unbanked introduces global accounts focused on cryptocurrency. Unbanked is committed to empowering users to take absolute control of their currencies and enjoy a better banking experience.
The team combines the utility and efficiency of cryptocurrencies with the level of familiarity synonymous with traditional financial institutions. Unbanked prioritizes global accessibility – bring as many users as possible in compliance with regulatory laws.
Features of Unbanked
Unbanked understands the importance of financial access – the website describes it as a basic human right. This US-based project will enable financial access at all levels through blockchain technology. Unbanked supports many features, such as the UNBNK token, to achieve this magnificent feat.
As the original token of the Unbanked project, UNBNK serves as the expendable asset of the debit card. When you deposit cryptocurrencies such as Bitcoin or Ethereum, it is immediately and automatically converted to UNBNK and held until you use it. It continues; Unbanked cardholders can seamlessly stake UNBNK and earn between 1% to 6% back in rewards for total card spend.
UNBNK is actively available on the Stellar and Ethereum blockchains, and with a maximum supply of 1 billion, Unbanked uses a burning mechanism to rebalance the token across chains. Additionally, UNBNK is a deflation token, meaning that the maximum supply will continually decrease as more users are onboarded over time.
In addition to the UNBNK token, Unbanked has a better financial banking experience. The project’s intuitive bank accounts provide US residents with a global, accessible and crypto-friendly financial tool capable of tracking everything – expenses, purchases, transfers, etc.
Unbanked also guarantees seamless cross-border transactions as an added feature. Although there are many international payment gateways, Unbanked provides a faster, cheaper and more convenient option.
You can make cross-border payments with Unbanked. In a hassle-free way, you can buy BTC, ETH and UNBNK token with your bank account. That’s not all; Without a bank guarantees immediate payments, eliminating delays associated with traditional purchases to a greater extent. Super fast crypto purchases mixed with instant settlements are some of the other features of Unbanked.
Achievements of the Unbanked Project
As one of the most innovative projects in DeFi, crypto and traditional areas, since its launch, Unbanked has committed to deliver a sublime banking experience. Residents of over 200+ countries can easily get FDIC bank accounts to buy cryptocurrencies.
US and European residents, on the other hand, can get unbanked crypto debit cards. According to the team, these cards are already available in the US and Europe, with more regions coming in the coming months such as Latin America and India.
Unbanked has partnered with various banks and card networks. It is currently a VISA and Mastercard program leader, and according to recent reports, Unbanked may launch AMEX’s new NFT card. In addition, Unbanked provides card and technology support to a few web3 companies such as Litecoin Card.
Availability of crypto cards
With many crypto card companies shutting down recently, availability in certain regions has been limited. If you live in the following countries, you can register for a card now.
