Neverless’ team raised $6.7 million in one of the largest pre-seed funding rounds in European history. Since then, the company has registered in multiple European countries as a VASP .. The app is easy to use and lets users deposit funds in Euros, a feature recently discontinued by several major platforms. Additionally through the app, some cryptocurrencies generate daily interest automatically.
“Other platforms have similar products, but none offer the potential return or flexibility in terms of deposits and withdrawal as our ‘Strategies’ account.”Neverless offers the same potential returns to all users, with no minimum deposit or lock-in periods. There is no need for a ‘premium’ account to access these returns, a feature that sets it apart from competitors who often charge higher fees for premium tiers with better returns.Neverless uses market-neutral automated strategies.
“Neverless was born out of personal frustration. There wasn’t an app that was transparent, user-friendly, and didn’t feel like a scam with hidden fees. Since it didn’t exist, it just had to be made.”A significant portion of Neverless’ development team also hail from Revolut and is responsible for building the Strategies algorithm, a product exclusively owned by Neverless.In just a few months, Neverless has gained thousands of users and surpassed $100 Million in transaction volume.
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Source: CoinDesk - 🏆 291. / 63 Read more »