Kolo, a leading hybrid wallet, has announced the launch of its crypto card set for Q3 2024.
This innovative card will allow users to spend their crypto assets directly at any merchant that accepts Mastercard worldwide, simplifying the use of cryptocurrency in daily transactions. Kolo users are encouraged to join the waitlist via the website or the Telegram application bot.
Key Features of the Kolo Crypto Card
The Kolo crypto card bridges the gap between digital assets and traditional spending. It offers a user-friendly interface suitable for both experienced crypto holders and newcomers. The card enhances Kolo’s existing features, which include secure storage, cryptocurrency exchange, and spending options. Personalized crypto cards are available with both custodial and self-custody options. The card supports all major cryptocurrencies and offers competitive exchange rates, thanks to its integration with Mastercard, expanding crypto capabilities for businesses.
Global Availability and B2B Partnerships
Kolo cards can be issued worldwide, with exceptions in the US and OFAC-sanctioned countries. Kolo also invites B2B partners to offer this worldwide card solution to their communities. This approach enables crypto communities to issue co-branded cards, allowing their users to spend any digital assets, including meme coins. This initiative aims to promote broader cryptocurrency adoption and strengthen the entire cryptocurrency ecosystem.
Seamless Fiat On-Ramp/Off-Ramp Solutions
Kolo provides convenient fiat on-ramp and off-ramp options, allowing users to buy and sell cryptocurrencies using local currencies in regions such as the European Economic Area, Latin America, Africa, and Asia. Key features include:
- Hybrid wallet for custodial and self-custodial asset storage.
- Easy in-app cryptocurrency purchase and sale transactions with just a few clicks.
- Compliance with international standards to ensure user protection and security.
- Transparent fees with no hidden charges.
- Swap by Kolo: combines CEXs, DEXs, and Liquidity Providers in a single interface with AI-based routing.
