Cryptocurrencies aficionados have a variety of options to buy, store and sell their digital assets – but such operations become complicated when dealing with several currencies. There is now an app to address this issue. It has just been launched by Indacoin, a UK-based company backed by Russian business angels Stanislav Kosorukov, Sergey Merkukov and Alexey Solovyov (partners of the Prostor Capital venture fund).
The app enables clients to buy not just the most famous cryptocurrencies: Bitcoin and Ethereum, but more than 200 other altcoins (Litecoin, Ripple, Dash, IOTA etc.).
“Our aim was to address the multi-wallet issue,” said Kosorukov in an exchange with East-West Digital News. “Now users don’t have to combine different wallets like Blockchain.info, Mycelium, Ethereum Wallet to deal with digital currencies. They can manage these virtual assets in one place, using only the Indacoin app.”
“This is the first app of this kind,” says Kosorukov.
Cryptocurrencies by bank cards
Any cryptocurrency can be purchased by credit or debit cards. “There are no such other services that let buy 200 cryptos with a bank card,” says Kosorukov. “This feature considerably simplifies the whole process of buying cryptocurrencies.”
Indacoin users may pay in euros, US dollars or Russian rubles regardless of the currency of their card account. To buy crypto from fiat, Indacoin charges 9% if the card is charged in euros.
The Indacoin app also allows users to transfer cryptocurrencies to relatives and friends. You may send any altcoin based just on the recipient’s phone number of a recipient. In case the latter does not have an Indacoin mobile wallet, a new account will automatically be created and the money will be available after the recipient registers in the app.
Created in 2013, Indacoin has made its services available from more than a hundred countries, including Brazil, Canada, Germany, Nigeria, Russia, Singapore, Spain, Turkey, and the UK.
