Non-Custodial Payments and Purchases
Last updated
Last updated
The CrossFi App elevates the cryptocurrency transaction experience with its non-custodial payments and purchases feature. Users retain complete control over their crypto assets, contrasting sharply with traditional custodial or traditional banking services where third parties manage user funds, and users unwittingly gain exposure to fractional reserve banking.
Direct Asset Control: Users manage transactions directly from their wallets, maintaining full ownership of their crypto assets.
User-Friendly Transactions: The app simplifies crypto transactions, making them as straight as using fiat currency.
Seamless Wallet Integration: The app allows users to link CrossFi-issued Visa or MIR cards to decentralized wallets like Metamask, marrying traditional and decentralized finance.
Flexible Crypto Payments: Users can use their crypto holdings for everyday transactions, enhancing the practical use of digital currencies.
Robust Security: Unlike centralized platforms that control user funds, CrossFi's non-custodial approach minimizes central points of failure and security risks.
Empowering User Autonomy: Aligning with blockchain principles, the app provides users autonomy and security, fostering trust in digital transactions.
Beyond Centralization: CrossFi's non-custodial model offers a significant security advantage over centralized financial platforms, reducing systemic risks, enhancing user trust, and avoiding a single point of failure design.
