For many who are part of the Millennial and Gen Z demographic, the choice between traditional savings accounts with 0.5 % APY (annual %age yield) and .
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There have been many challenges in the crypto industry ever since its inception, especially since the space has been quite complex to understand for many people worldwide. The shortcomings range from fundamental UI design errors in platforms to underlying crypto-architecture issues to business model challenges. (source – medium)
The crypto industry is now facing a lack of mass adoption and, as a result, a lack of enthusiasm from most of the mainstream firms or banks to participate in the industry. Moreover, investment platforms online are not reliable enough, and there is a lack of good onramps, offramps, and regulated custody of assets.
Celsius Network Unveils Web-Based Application For Corporate & Institutional Financial Services
Celsius Network, a cryptocurrency lending and borrowing platform, recently announced the launch of its web-based application for its financial services. While sharing more details about the launch,
Nuke Goldstein, CTO of Celsius, stated:
“The Celsius team of talented designers, developers, devops, and testers were hard at work for months to design and build the best product experience possible. We listened to many ideas and inputs from our community, and we delivered something really stellar. I’m excited this is finally available for our users worldwide, and even more excited for my team to build the tools that shape and advance the next generation of blockchain-driven financial services.”