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Stibits and its Robust Ecosystem Changing How People Store, Exchange, and Utilise Cryptocurrency

  • Christy Walts
  • June 13, 2022
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The 21st century has witnessed various technological innovations, but none has been as sweeping as cryptocurrency. The adoption has been phenomenal, with virtually every industry hatching new ways to integrate cryptocurrency and its many derivatives. However, despite this dominant influence, there are some voids and lapses that need intervention, especially for the not-so-savvy individuals who should be on the cryptocurrency train. Stibits, a startup venture, has focused on bridging those gaps and preferring the needed solutions to enable anybody to access and use cryptocurrency conveniently.

Dipped steeply in innovation, Stibits is a startup dedicated to providing cryptocurrency solutions to give users a seamless experience across the numerous possibilities with cryptocurrency. Its founding principle aims to solve the biggest cryptocurrency issue, complex and outdated platforms. The startup launched with its revolutionary crypto wallet that features a robust ecosystem that simplifies cryptocurrency transactions. It also offers a modern user interface that anybody can easily understand.

Stibits offers a user-friendly cryptocurrency wallet that requires little to no prior knowledge about cryptocurrency. In addition, this wallet allows users to send cryptocurrency tokens to other users, thereby effectively replacing the complex wallet addresses and other complex crypto parameters that non-crypto savvy people are familiar with.

At its core, Stibits assigns unique identifiers to its users so they can exchange crypto tokens in one or two clicks. This high level of simplification does not mean the platform has little value for security. Stibits’ decentralised platform gives users full control of their privacy and data. Its comprehensive ecosystem offers more than just a wallet as it has other features, including a solution for businesses and NFT creators, collectors and traders. The startup’s goal is to be a key part of the ever-evolving crypto space that is well on its way to becoming part of everyone’s day-to-day lives.

With Stibits Business, businesses can easily track their sales revenue and business expenses in one place. Also, these tools are available on mobile devices with a seamless e-commerce integration that gives online sellers the option to receive and process payments in cryptocurrency. The POS option also gives businesses the option of processing payments from their customers in cryptocurrency.

Stibits completed its recent funding round in April 2022, which saw a whopping $1.8 million investment. This lends credence to the potential that the emerging New York-based startup has. The future looks bright for Stibits with its numerous features that are set to disrupt the cryptocurrency space. Stibits’ Unicorn potential is not in doubt, and expectations are high that it will lead to more successful funding rounds over the next few years.

As Stibits’ solutions make it to the top of the crypto space and more people adopt them, the vision of democratising crypto for everyone remains very much in play and more achievable than ever. “The cryptocurrency space can attract more people if everything is simplified and easy to use. We can do away with outdated user interfaces and complex terms that are difficult to remember. That’s what Stibits is doing with its interconnected ecosystem,” a spokesman for the company said.

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Opinions expressed by LA Wire contributors are their own.
Christy Walts
Christy Walts

Christy has had an affinity for music, creativity, and Entrepreneurship all of her life. After finding a passion for graphic design and marketing, she became a full-time entrepreneur.

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