Quickbit launches today Win a walleta feature that allows users of the Quickbit app to lend cryptocurrency and earn a return. Win a wallet is initially launched for Bitcoin lending and will be available to Quickbit app users in Sweden and Norway.
Throwing Win a wallet, Quickbit now gives its Swedish and Norwegian users the opportunity to earn a return by lending cryptocurrency. The service is free to use and initially it will be launched for Bitcoin. Subsequently, additional currencies will be added in the offer of cryptocurrencies that can be lent.
The return a user receives for lending cryptocurrency through Win a wallet is variable and may vary depending on the currency as well as other factors. Yield is calculated daily for the days the cryptocurrency is lent Win a wallet and payments are made weekly. Users can at any time choose to move their cryptocurrency from their Win a wallet back to their crypto wallet, making the service both flexible and easy to use.
In parallel, Quickbit is working on the final phase of the launch of the Merchant platform. The ambition is to launch it towards the end of Q1 ’22/23.
“I am very happy to announce that we are now adding the Earn Wallet to our ecosystem of crypto solutions. We are the only Swedish crypto company to provide a cryptocurrency lending service, which further strengthens our position and our offer to consumers in the Nordic region. A few weeks ago, we also made Quickbit Card available in Norway and we continue to roll out products at a steady pace. We will continue to invest in our platforms and we are starting to see the positive effects of the work we have done over the past year,” said Hammad Abuiseifan, CEO of Quickbit.
For more information, please contact:
Hammad Abuiseifan, CEO
Tel: +46 73 095 87 12
Quickbit is a Swedish fintech company, founded in 2016 with the aim of making it easier to integrate cryptocurrencies into the daily lives of people and businesses. Today, Quickbit offers safe and easy-to-use products for e-merchants as well as customers. With a transaction volume to date exceeding 900 million Euros, Quickbit has already enabled and empowered individuals around the world, through the use of cryptocurrencies. Quickbit has been listed on NGM Nordic SME since July 2019. For more information, please visit www.quickbit.com
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