Civic and Coincover Announce the First-of-its-Kind Crypto Wallet With a $1 Million Protection Guarantee

General News

Summary

People are looking to move their digital currency so that they have more control and reliable, easy restoration if they ever lose access to their funds,” said Vinny Lingham, CEO and co-founder of Civic. The world economy is shifting rapidly, and governments have taken emergency measures to stabilize global markets, including cutting the interest rates to nearly zero. With the inaugural Civic Wallet, users may onboard, store and buy digital currencies, including USDC, Bitcoin and Ethereum directly in the app with a bank account. * Users may also send crypto and money to friends and family easily with low fees via usernames or addresses to third party blockchain wallets. To join the Civic Wallet waitlist, please visit: https://www.civic.com/ * Buying cryptocurrencies in the following states is currently not supported for licensing reasons: Connecticut, Hawaii, New Hampshire, New York, North Carolina, Vermont, and Virginia.

Classifications

industries
Fintech & Banking
applications
AI & Machine learning

AskAI Classifications

Labels
Identity Verification Software Authentication Software Blockchain Technology

Linked Companies

Civic
$1M to $5M