Stories and Reviews
June 25, 2024

Kolo Announces Crypto Card Launch, Enabling Users to Spend Crypto Anywhere Mastercard is Accepted

[Lisbon, Portugal] – [June 25, 2024] Kolo, a leading hybrid wallet, announced today the launch of its crypto card in Q3 2024. The card will allow users to directly spend their crypto assets at any Mastercard-accepting merchant worldwide, simplifying everyday crypto usage. Kolo users are encouraged to join the waitlist via the website or by using the Telegram application bot.

The Kolo crypto card is an innovative solution that bridges the gap between digital assets and traditional spending, providing a user-friendly interface for both experienced crypto holders and newcomers alike. The card complements the existing suite of features, including secure storage, exchange, and spending of cryptocurrencies; personalized crypto cards with custodial and self-custody options; support for all major cryptocurrencies and competitive exchange rates, integration with, Mastercard, and expanding crypto capabilities for businesses.

Kolo cards can be issued worldwide, except in the US and OFAC-sanctioned countries. 

Kolo also welcomes B2B partners to leverage their existing communities by offering a worldwide card solution. This partnership approach allows crypto communities to issue co-branded cards, enabling their users to effortlessly spend any of their digital assets, including meme coins. This initiative promotes wider cryptocurrency adoption and strengthens the entire cryptocurrency ecosystem as a whole.

Key features of Kolo include:

  • Seamless Fiat On-Ramp/Off-Ramp Solutions: Kolo provides convenient fiat on-ramp and off-ramp options, allowing users to easily buy and sell cryptocurrencies using local currencies in the European Economic Area, Latin American, Africa, and Asia. 
  • Hybrid wallet: custodial and self-custodial asset storage.
  • Simple 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: CEXs, DEXs, and Liquidity Providers, bridged in a single interface with AI-based routing.

About Kolo

Kolo is a hybrid wallet that simplifies and secures cryptocurrency use. It offers safe storage, exchange, and spending, as well as personalized crypto cards with custodial and self-custody options. Supporting all major cryptocurrencies with competitive exchange rates, Kolo integrates with Mastercard. It’s also expanding crypto services for businesses, aiming to help everyone benefit from cryptocurrencies.

Join the waiting list here: kolo.bot
Get on top of the waiting list by joining Kolo’s Telegram mini-app, featuring fun quizzes — https://t.me/kolo

Stay informed about upcoming features from Kolo team by joining the telegram announcement channel: https://t.me/koloann

Contact:

Kolo PR Team
[email protected]

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

More articles
Gregory Pudovsky
Gregory Pudovsky

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

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