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Baanx Launches The ‘Cryptolife’ Mobile Digital Asset Platform For Tezos

The fast growing fintech Baanx, has announced the launch of Cryptolife, a game-changing digital app built to integrate with the Tezos blockchain for new and existing Tezos token holders.

Introducing “Cryptolife”— a game-changing digital app built to integrate with the Tezos blockchain for new and existing Tezos token holders.

The app will offer a mobile-first, digital asset-friendly platform for users to manage their digital assets and access new services right from their fingertips.

Disclaimer

Nature of Content: All content published on https://xtz.news, whether written, auditory, or visual, is for informational purposes only. Opinions expressed therein are solely those of the individual authors and do not reflect the views of XTZNews or its management.

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Accuracy and Completeness: While XTZNews makes every effort to ensure the accuracy and reliability of information, we do not warrant or guarantee the timeliness, completeness, or accuracy of the information presented. The website may contain errors, omissions, or inaccuracies. We disclaim all warranties, both express and implied, regarding the information, including but not limited to, any warranty of merchantability or fitness for a particular purpose.

Endorsements: References to specific entities, products, services, processes, or other information does not constitute or imply endorsement, sponsorship, or recommendation by XTZNews. Blockchain technology is in a developmental phase, and the engagement with the technology and its associated entities carries inherent risks.

User’s Responsibility: Users are encouraged to conduct their own research and due diligence and to seek the advice of qualified professionals before making any investment or decisions related to content on this site. Engaging with blockchain technology, cryptocurrencies, and associated applications should be undertaken with caution, understanding the inherent risks involved.

Limitation of Liability: Under no circumstances will XTZNews or its affiliates, partners, officers, directors, employees, shareholders, agents, or licensors be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the site; (ii) any content obtained from the site; or (iii) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed its essential purpose.

Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.

Cryptolife

The fast-growing fintech Baanx, has announced the launch of Cryptolife, a game-changing digital app built to integrate with the Tezos blockchain for new and existing Tezos token holders.

Tezos, the original Proof of Stake protocol that built a vibrant community, has seen extraordinary momentum in 2021. And now the Tezos Cryptolife app will offer a new, mobile-first digital asset management platform for users to save, transfer, and manage their digital assets and access services such as Cryptodrafts offered by Baanx.

With leading brands and organizations like McLaren Racing, European Central Bank, and more choosing to build on the Tezos blockchain, this is the next step forward for Tezos and it’s community.

The Cryptolife app has been developed and is fully supported by the Baanx team and their revolutionary digital fintech infrastructure. Baanx is a technology company based in the UK that is building the future of modular, iFrame, and API-driven financial services. Their innovative financial platform offers debit cards, digital wallets, payment gateways, and white label smartphone apps.

With this strategic collaboration between Baanx and Tezos, the soon-to-be-released Cryptolife app will give users exciting and easy-to-use features which include:

  • Managing and converting digital assets and fiat funds seamlessly on the easy-to-use smartphone app.
  • Cryptodraft services with up to 50% LTV starting at 0% interest rates backed by the BXX token.
  • Access to a physical or virtual CL debit card which allows users to convert to fiat directly from their crypto wallets and withdraw from ATMs worldwide.
  • Exchanging all supported digital assets with Tezos’ native token XTZ.
  • Benefiting from low-fee fiat to crypto and crypto to fiat conversion rates.
  • Enjoying fee-free payments to address book contacts using TextBit: one of the revolutionary features unique to Cryptolife.

Tezos token holders will be able to do much more with their XTZ holdings than before with the new Crypto Life App. Users will now have access to the secure Cryptodrafts service by Baanx, which was recently FCA approved, that allows users to unlock interest-free stablecoins backed by their Tez holdings.

Users will no longer need to sell their crypto and instead will be able to quickly and easily apply for the Tezos Cryptodraft with stablecoin payouts coming up to 50% of the value of the Tezos wallet and interest rates starting at 0%.

Another major feature is the new Tezos CL card which is available to use online and worldwide wherever Mastercard, Visa, and UPI are accepted. This virtual or physical debit card will enable users to seamlessly liquidate their crypto holdings directly from their wallets through the CL App at the time of payment without the need for fiat on the card itself.

The card will also allow users to instantly withdraw cash from the worldwide ATM network.

Baanx Chief Executive Officer Garth Howat, said:

“Tezos has been a supporter and investor in Baanx since its inception and we are proud to finally announce that the Tezos Cryptolife app is finally active and ready for launch. We are very excited for its imminent release and for users to start benefiting from its features”

Partnered with Baanx, the Tezos Crypto Life app aims to change how users and their digital assets interact with the world by enabling them to store, send and convert their crypto seamlessly and access innovative new services such as Cryptodrafts and the CL card.

The Tezos Cryptolife app will be available for users to download all over Europe, excluding Estonia and Germany, through the Apple App Store and Google Play and start enjoying its features and functions from February the 14th. Only 10,000 Tezos CL cards will initially be available and users can sign up for the waitlist for the card through https://www.tezoscrypto.life/waiting-list 

Disclaimer

Nature of Content: All content published on https://xtz.news, whether written, auditory, or visual, is for informational purposes only. Opinions expressed therein are solely those of the individual authors and do not reflect the views of XTZNews or its management.

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Accuracy and Completeness: While XTZNews makes every effort to ensure the accuracy and reliability of information, we do not warrant or guarantee the timeliness, completeness, or accuracy of the information presented. The website may contain errors, omissions, or inaccuracies. We disclaim all warranties, both express and implied, regarding the information, including but not limited to, any warranty of merchantability or fitness for a particular purpose.

Endorsements: References to specific entities, products, services, processes, or other information does not constitute or imply endorsement, sponsorship, or recommendation by XTZNews. Blockchain technology is in a developmental phase, and the engagement with the technology and its associated entities carries inherent risks.

User’s Responsibility: Users are encouraged to conduct their own research and due diligence and to seek the advice of qualified professionals before making any investment or decisions related to content on this site. Engaging with blockchain technology, cryptocurrencies, and associated applications should be undertaken with caution, understanding the inherent risks involved.

Limitation of Liability: Under no circumstances will XTZNews or its affiliates, partners, officers, directors, employees, shareholders, agents, or licensors be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the site; (ii) any content obtained from the site; or (iii) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed its essential purpose.

Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.

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