AnyAlt Finance - fiat to crypto service for emerging tokens
Introduction
A brand new defi platform just launched with an innovative service to bridge the gap between crypto and fiat. The service launched by Bunzz is called AnyAlt Finance. They have a smart platform and easy-to-install widget for swapping purchasing cryptos using fiat. This is probably not the first such platform to offer crypto-to-fait services. But what makes this unique is that users can buy any cryptos even if they just launched last week.
In this presentation, we will look at the features of AnyAlt finance both for users and for new teams that just launched a token. The world of defi is ever evolving and AnyAlt finance just added another dynamic to that growth.
The problem for new tokens
There are not many platforms have created a bridge for fiat to crypto transactions. Even among the few that exist, their services are usually focused on already existing tokens with large market caps like USTD, BTC and ETH. Thus, users that wish to buy a token with fiat are usually restricted to these well-know cryptocurrencies with large market caps. Therein lies the problem for new tokens and their team.
Recently launched tokens often struggle with small liquidity. They are often confined to DEXs that are not able to fill all trades for the token. Worse yet, these DEXs often do not have any feature to buy the tokens directly using fiat. The new tokens are usually often purchased by swapping them for tokens like USDT and not fiat. This creates a problem both for new tokens and the teams that are pushing them. The solution to this problem has not been popular until AnyAlt Finance arrived.
AnyALt Finance for new tokens
The defi space is full of new tokens launched and these tokens participate in some form of presale events. With their little market caps often made available in DEXs, its a challenge for users to buy them with fiat. AnyAlt finance does the job for such new tokens and their project owners.
With its widget which can be implemented with little or no programming, AnyALt Finance allows new projects to sell their tokens directly on their website and collect fiat. This opens up a massive opportunity for increased liquidity. Users can thus buy a new token to be launched or recently launched with their mastercards. This makes the whole process streamlined, easy and very fast.
Currently, users that wish to buy new tokens with fiat have to first of all pass through a centralized exchange that are often the ones to accept fiat payment. After that, they have to move the token to a decentralized exchange before they can link to the token website and purchase. This process is not only long and complex, it also presents a roadblock to new crypto users that might want to buy the tokens.
With AnyALt Finance, project owners of new tokens have nothing to worry about liquidity. In addition to the tokens sent to DEXs for users to buy, implementing the widget from AnyALt Finance opens another world of opportunity for users that would prefer to make the purchase using fiat.
AnyAlt Finance for all tokens and users
AnyALt Finance is not just for project owners that launched new tokens. Its for everyone. If you wish to buy any crypto using your mastercard, this service comes in handy. Its pretty straight forward and a fast way to buy your presale tokens without have to pass through a lot of steps and exchanges.
Anybody that is ready to buy crypto with a credit card is welcomed to do so. Just head over to their platform and do the transaction. Just click here to begin
Some features of AnyAlt Finance
This platform comes with a number of features that make it cool. Check them out:
Widget/Website: AnyAlt Finance has a cool nice widget that new token owners can add anywhere on their website. No need to long codes. This cool widget would allow them to sell the new tokens and accept fiat payments. This is nice for newly launched tokens. For other users that simply wish to buy a token using fiat, they can simply head over to AnyAlt Finance website and conduct the transaction.
Credibility: AnyAlt Finance can be trusted because of how robust the platform is. Besides, they have partnered with leading names in the crypto sector and they agregate the transactions through them. The two leading platforms that have partnered with AnyAlt Finance are ONRAMP money and 1inch Network. These partnerships are not just to boost user confidence, but they help to streamline the transactions through their platforms.
Large coverage: AnyAlt Finance has a wide network to ensure that everyone finds what they are looking for. The service is available in more than 90 countries. As regards the blockchains supported, here is what AnyAlt Finance has to say:
We support over 120 fiat currencies all crypto currencies on the following networks - Ethereum Mainnet, Aurora, Arbitrum, Avalanche, Base, BNB Chain, Fantom, Gnosis, Klaytn, Optimism, Polygon& zkSync Era source
- Is the service fast? Yes is the answer. Transactions typically completes in 10 minutes. Considering how long it would have taken to use the longer approach of going through the CEXs, 10 minutes is a short time to get it done through AnyAlt Finance. Note that it might take longer if the processing exchange experiences network congestion.
Conclusion
AnyAlt Finance is a pioneer in fiat to crypto swaps for new tokens. Project owners in web3 would love to implement this feature and create more liquidity. Before you get involved in this project, research more about it. This is not financial advice.
Learn more below:
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