Berlin, May 31, 2021 – Vivid announces today to expand its crypto offering by 40 more coins to a total of 50 tradable crypto assets. As a result, the Berlin-based fintech now offers the largest range of tradable cryptocurrencies among banking apps in Europe. In addition to the existing sizes such as Bitcoin and Ethereum, customers can now also trade 0x, Compound, Dogecoin, Enjin Coin, Maker, Polkadot, Ren, Ripple, Solana and Uniswap, among others. Vivid users: inside in Germany, France, Italy and Spain invest from 0,01 € free of charge in the cryptocurrencies and can buy and sell immediately 24 hours, 7 days a week.
According to the analyst: inside from Statista Global Consumer Survey 16% of the German population would invest in cryptocurrencies if they had € 100,000 available. Cryptocurrencies remain a volatile asset class and have lost none of their appeal despite recent price slides. Bitcoin alone has climbed from 24,136 euros to 31,188 euros since the beginning of 2021 (as of May 27, 2021). Vivid wants to offer its users access to the growing crypto market.
“Cryptocurrencies and Vivid as Banking App: That simply belongs together. So it was only a logical step for us to offer our users more cryptocurrencies. We are particularly proud to have the largest offering as a banking app in Europe with 50 tradable cryptocurrencies,” says Alexander Emeshev, co-founder of Vivid, on the launch of the new crypto assets. “However, we would also like to remind you that cryptocurrencies are a volatile asset class. Therefore, we provide our customers with the recently introduced Vivid Classes – which are constantly supplemented by further lessons -, all the necessary tools to save and invest well. Because financial education is a very important aspect that we have always focused on in order to live up to our mission: to give Vivid customers back control over their own finances.”
To the new Coins on Vivid include: 0x, Aave, Aragon, Bancor Network Token, Compound, Chiliz, Decentraland, Dogecoin, Enjin Coin, Fetch.ai, Filecoin, FTX Token, Holo, IOST, Kyber Network, Loopring, Maker, OMG Network, Polkadot, Polygon, REN, Solana, Stellar, Storj, Swipe, Synthetix Network Token, Tron, Uniswap, VeChain and XRP. Coins that were already available are: Algorand, Basic Attention Token, Bitcoin, Bitcoin Cash, Cardano, Chainlink, EOS, Ethereum, Litecoin and NEM. Everyone can create a crypto pocket free of charge and act immediately.
About Vivid Money
Vivid Money is the first financial platform that combines all daily needs around the topic of money in one app. Whether investing, banking or saving – Vivid Money offers a simple, flexible and transparent solution to help clients grow their wealth. The company aims to provide clients across Europe with an unparalleled investment and banking experience and to offer a wide range of financial services without unnecessary fees. Just eight months after its launch in June 2020, more than 100,000 customers are already using Vivid Money’s products in Germany, France and Spain. Vivid Money was founded in Berlin in 2019 by Artem Yamanov and Alexander Emeshev and consists of an international, highly qualified team of more than 200 employees. The app, the customer service as well as the processes for the maintenance and further development of the app have been tested and awarded by TÜV – Süd. After just one year, Vivid Money has already raised over 100 million euros from renowned investors, including Ribbit Capital and Greenoaks Capital, and is valued at 360 million euros.
More information at https://vivid.money/