CryptoSimple's mission is to provide traditional investors with an end-to-end, regulated, simple, and secure crypto solution. Their objective is to offer investors with a diversified crypto portfolio utilising DeFi (Decentralized Finance) as a complementary solution to their traditional investing strategy.
November 12, 2021 —
Even though the market of cryptocurrencies is blooming, many people are still afraid to step into it due to its intricate nature, jargon, and unpredictability. The high risk and volatility of any potential crypto endeavor have dissuaded thousands from approaching it.
There are currently hundreds of trading platforms, most of which are difficult to enter. The initial challenges of setting up accounts and finding an e-wallet that the platform supports are just the tip of the iceberg.
CryptoSimple was founded to help people invest simply, smartly, and safely in crypto-based on their investment profile through experienced financial advisors and, if desired, educate themselves about the fundamentals of crypto.
“We've been involved in the crypto industry for a while, but the idea for CryptoSimple came when our friends and family kept asking us how they should invest in crypto. We built CryptoSimple for people to invest safely and simply in cryptocurrencies without needing to have any prior knowledge. We aim to help you learn as much or as little as you want about cryptocurrencies as you invest, and we're transparent about where you're putting your money and why.”
The brand’s goal is to eliminate the obstacles traditional investors are usually faced with, such as creating wallets, researching coins, and deciding which cryptocurrencies to invest in. CryptoSimple wants to provide a complementary solution for traditional investors by providing them a gateway into crypto through an end-to-end, regulated, simple, and safe solution.
CryptoSimple’s strategy is based on Modern Portfolio Theory, which has shown remarkable results in terms of minimizing volatility while maximizing returns. The fundamental elements of the brand’s strategy are diversification of the assets and risk control, allowing users to receive personalized portfolios in accord with their risk-related preferences through a simple, easy-to-use mobile application.
CryptoSimple’s main highlight is the innovative Robo-advisor, which creates “a diversified crypto portfolio curated to the client’s financial goals.”
When users sign up, CryptoSimples roboadvisor presents several simple questions to build a picture of the user’s current understanding of cryptocurrencies and investment goals. Based on the answers, the roboadvisor suggests a portfolio tailored to the user’s specific needs and risk-related preferences.
CryptoSimple’s financial advisors will constantly monitor, evaluate and rebalance users’ investments to ensure maximal returns with minimal risk. They won’t buy a few fractions of a bitcoin and hope the value increases; CryptoSimple has designed portfolios diversified across the decentralized financial (DeFi) market. User assets are held in cryptocurrency and invested in financial products that actively earn their interest.
In addition, CryptoSimple offers a simple transparent management fee relative to the invested amount. There are no setup fees, deposit fees, gas fees, withdrawal fees, just a low management fee.
“We want to make investing in cryptocurrency more accessible to everyone so that the next time our friends and family ask us how they can invest, we can offer them CryptoSimple.”
CryptoSimple is regulated as a Digital Asset Service Provider (DASP) by the EU's leading financial authority (AMF – Autorité des marchés financiers). The brand is also the first company to be regulated that uses DeFi and allows users to enter in euros vs crypto.
CryptoSimple has started onboarding users in BETA from their waitlist. For everyone who is interested, sign up to the waitlist today and get 3 months free of management fees on the brand’s official website.
Contact Info:
Name: Victor Metzger
Email: Send Email
Organization: CryptoSimple
Address: France
Website: https://cryptosimple.finance
Release ID: 89052159
