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Invity is a Czech Republic-based platform that compares cryptocurrency rates and allows users to trade cryptocurrencies and convert them directly to fiat currency. It was founded in 2019 by Satoshi Labs, the same company that created the Trezor hardware wallet.
Initially, Invity was built solely to allow users of the Trezor suite to compare cryptocurrency prices and perform transactions within their wallets. However, the platform is now fully open to everyone, regardless of which crypto wallet they use, with added functionality to allow users to convert crypto directly to fiat currency.
Before explaining how the Invity platform works, it’s important to first see what the platform can do. Below are the different activities you can do with Invity.
From the screenshot above, you’ll see four tabs next to the Invity logo in the top left corner: Buy Cryptocurrency, Exchange Cryptocurrency, Sell Cryptocurrency, and Save Cryptocurrency.) .
The sign-up process involves linking your crypto wallet, verifying yourself using your ID, and finally comparing your cryptocurrency of choice to the fiat currency you use to make purchases and purchases.
When you buy cryptocurrency, you can trade, exchange, deposit cryptocurrency into your savings account, sell crypto for profit, or convert crypto to local fiat currency and use that money to pay for travel, purchase goods , or payment for services.
Invity has proven itself as a global leader in the on- and off-ramping of cryptocurrency users thanks to its simple cryptocurrency buying process and crypto-to-fiat conversion process.
Key features of the Invity platform are:
This is a non-profit project focused solely on collecting a list of Bitcoin ATMs and businesses that enable people to use cryptocurrencies.
The project currently has about 20,000 entries and continues to grow. You can also add new entries for free.
Users can use the coinmap heatmap under MAP to find businesses that accept cryptocurrency in their location.
As a cryptocurrency user, I need a simple on-ramp and off-ramp process so that I can easily buy cryptocurrency and convert it to my local currency at any time. Invity offers a user-friendly interface designed for non-technical traders, making it easy for everyone, including crypto newbies.
Additionally, Invity saves you the trouble of finding a third party to convert your crypto assets into your local currency for use when you need it. With Infinity, you can instantly convert your crypto assets into fiat currency.
Also, in addition to being a reliable cryptocurrency exchange platform, Invity offers lower rates and a wide range of payment services.
In conclusion, Invity is a trusted one-stop cryptocurrency platform that enables cryptocurrency on-ramp and off-ramp, crypto trading and savings accounts with features specifically designed for crypto novices.
Besides being easy, Invity has proven to be a secure platform for not getting involved in security issues.
The only major drawback of the Invity platform is that it does not support users from some countries including Iran, North Korea, and some US states such as New York and Hawaii.
