Today’s launch of EUR accounts in Quickbit App makes Quickbit unique in the Swedish crypto market by allowing users to exchange crypto for traditional currencies on its mobile-first platform. Quickbit has thus further advanced its crypto offering toward a market-leading position in Sweden.
While users can already buy, store, exchange, send and receive cryptocurrencies in Quickbit App, the launch of EUR accounts allows users to sell cryptocurrencies for traditional currencies directly in Quickbit App. Through linking an international bank account number (IBAN) to their EUR account, users can also send and receive EUR to and from accounts with other banks.
Additional services will be introduced gradually, including the possibility of buying cryptocurrency directly from EUR accounts, instead of solely through card purchases. As with Quickbit Card*, these services are being developed as part of a strategic partnership between Quickbit and Intergiro. In parallel, work is ongoing to add more cryptocurrencies in Quickbit App to give users access to a broader crypto portfolio.
“Today’s release is a strategically important milestone in our endeavour to make cryptocurrencies useful in everyday life. Moreover, it comprises a unique package of services in Sweden that helps users move easily and seamlessly between crypto and traditional currencies. We will continue to develop additional features that facilitate the use of cryptocurrencies,” says Hammad Abuiseifan.
For further information, please contact:
Tel: +46 73 095 87 12
*The Swedish Annual report for 2020/2021, published 3 November 2021 erroneously stated that a beta version of Quickbit Card had already been launched. This has been corrected.
Quickbit is a Swedish fintech company, founded in 2016 with the goal of making the integration of cryptocurrencies into the everyday lives of people and companies smoother. Today, Quickbit offers safe and easy-to-use products for e-merchants as well as customers. With a transaction volume to date in excess of €900 million, 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