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Cabital Accepts euros to Buy Crypto and Generate High-Yield Passive Income

Raymond answers the question: now that Cabital accepts euros, why should I use its savings platform over its competitors?

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Raymond Hsu

CEO of Cabital

Raymond’s 10 years of experience holding leadership positions in fintech companies and banks inspired him to democratise digital currency financial solutions with Cabital.

This week, Cabital announced that it has added the European Union’s Single Euro Payments Area (SEPA) to its growing list of payment methods, enabling customers to seamlessly change between euros and cryptocurrencies to generate high-yield passive income.

The announcement comes during a time when the European Union continues to tighten regulation on the cryptocurrency industry. Even recently one of the world’s largest cryptocurrency centralized exchanges suspended euro deposits via SEPA bank transfers in a move that it says was due to “events beyond our control.” Since we have successfully added SEPA to our list of payment methods, we are now a full-service cryptocurrency wealth management and savings platform where users across the region can deposit their digital assets to safely earn leading APY rates.

Why Should You Use Cabital?

There are many different cryptocurrency savings platforms in the market, and I am sure that you have heard of the major ones. But the question is “why should you use Cabital to generate high-yield passive income from your cryptocurrencies?” Or “What makes Cabital so special compared to the rest of them?”

First, unlike other cryptocurrency savings platforms, Cabital’s users don’t have to stake or lock native tokens to generate income because we don’t believe in putting our customers at risk of volatile market conditions. I believe it is unfair to customers who must hold onto native tokens for long periods of time, especially with many tokens being down over 40% from their all-time highs. We can offer high yields even without a native token through highly strategic investments that are safe, secure and always compliant.

Second, a key compliance of Cabital’s risk culture is accountability. As our customers, you can have peace of mind that your cryptocurrencies are safe and secure. Our compliance programme is modelled after leading global financial service providers. We use Sumsub’s biometric identity verification solution to manage the risk of identity fraud. All our customers' assets are held by Fireblocks, one of the world’s most trusted digital asset custody, transfer, and settlement platforms.

Cabital also has no appetite for regulatory non-compliance and as such will ensure that we are in line with all laws in the markets we operate and that we meet all future commitments to our customers, both financial obligations and in terms of the promises we make to them. Cabital upholds high ethical stands and will implement sound internal controls to minimize the downside risk from the impact of any operational issues. We are firmly committed to taking the crazy out of crypto.

Finally, the major selling point, Cabital does not have any hidden fees. Unlike many of our competitors, we do not have any requirements for minimum deposits nor maximum deposits and we do not charge fees for depositing digital assets on our platform.

Get started with Cabital today.

This article has been prepared by Cabital Fintech (LT) UAB  (the “Company”) and is general background information about some of the Company’s activities at the date of this presentation.

This article does not contain all the information that is or may be material to you and should not be considered as advice or a recommendation to you in respect of the holding, purchasing or selling of digital assets and does not take into account your particular objectives, financial situation or needs. This article has been made to you solely for information purposes. This presentation may be amended and supplemented as the Company sees fit, may not be relied upon for the purpose of entering into any transaction and should not be construed as, nor be relied on in connection with, any offer or invitation to purchase or subscribe for, underwrite or otherwise acquire, hold or dispose of any digital assets, and shall not be regarded as a recommendation in relation to any such transaction whatsoever. The contents of this presentation should not be considered to be legal, tax, investment or other advice, and you  should consult with your own counsel and advisers as to all legal, tax, regulatory, financial and related matters concerning an investment in or a disposal of such digital assets and as to their suitability for you.

This presentation and its contents are proprietary to the Company, and no part of it or its subject matter may be reproduced, redistributed, passed on, or the contents otherwise divulged, directly or indirectly, to any other person (excluding the relevant person’s professional advisers) or published in whole or in part for any purpose without the prior written consent of the Company.

This article contains forward‐looking statements. Such forward‐looking statements involve known and unknown risks, uncertainties and other important factors. Certain forward‐looking statements are based on assumptions or future events which may not prove to be accurate, and no reliance whatsoever should be placed on any forward-looking statements in this article.

The information in this article has not been independently verified. No representation or warranty, express or implied, is made as to the fairness, accuracy or completeness of the presentation and the information contained herein and no reliance should be placed on it. Information in this article (including market data and statistical information) has been obtained from various sources (including third party sources) and the Company does not guarantee the accuracy or completeness of such information.