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OWNR Wallet has integrated its own inbuilt crypto-to-crypto exchange, shifting the platform’s crypto exchange service reliance on Changenow.io.
Estonian-based cryptocurrency wallet service provider, OWNR Wallet has added three significant upgrades to its platform, all targeted at providing better values for their users. Per a press release shared with Coinspeaker, the upgrades represent a major milestone for the growing startup.
To begin with, OWNR Wallet has implemented a feature that lets its users order for a prepaid card issued by payments services giant Visa Inc (NYSE: V) through its mobile and desktop applications respectively. According to the company, the card will allow one to make purchases or pay for services both online and offline, with an added capability to withdraw Euros from any ATM around the world.
The ATM card is connected to the cryptocurrency wallets in the user’s OWNR’s app, from which the user can have unrestricted access. To get a prepaid Visa Card in OWNR Wallet, a short questionnaire is required to be filled, with a video verification required to be passed by the applicant. Upon the successful approval of the application, the card is issued at a cost of Euros 40, with free delivery to any part of the world. The card’s usage draws a service charge of 1 Euro per month.
Additionally, OWNR Wallet has also integrated its own inbuilt crypto-to-crypto exchange, shifting the platform’s crypto exchange service reliance on Changenow.io. These exchange services can be accessed through its mobile and desktop applications, with support for Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Dash (DASH), Zcash (ZEC), and Litecoin (LTC). OWNR Wallet per the press release has plans to integrate other altcoins in the near future.
Lastly, OWNR Wallet has made a tectonic adjustment to its service and transaction fees to as low as 4% + 3 USD from the initially charged 7% + 10 USD before now. This fee reduction is applicable to all customers in all support countries or jurisdictions. As a Bitfinex partner, the transaction fees associated with using the platform have also been reduced from 5% to 3%.
OWNR Wallet, Evolution, Standards and Mission
OWNR Wallet is a growing fintech startup, with the aim of providing support for a multi-asset cryptocurrency ecosystem. It has pursued crypto adoption in its almost 3 years of existence through the development of tools that traders, investors, developers, and non-technical people can use to engage with Bitcoin and altcoins.
The OWNR Wallet maintains an industry-standard following the landing of the MSB (Money Services Business) license by the Financial Crimes Enforcement Network (FinCEN), a division of the US Department of the Treasury. While its ecosystem is still evolving with numerous game-changing innovations in the pipeline, OWNR Wallet is gearing towards becoming the one-stop channel through which anyone around the world can have access to purchase, hold and securely trade digital assets.
“I’m happy to state that OWNR Wallet team has managed to keep the work going despite the pandemic and bring to life two significant features. Prepaid cards and own exchange are a valuable addition to the ecosystem we are building, but there’s even more ahead,” OWNR’s Chief Executive Officer Grygoriy Sytenko said.
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Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.
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