FreeBnk X AMA Session With BeInCrypto

Fiverr
FreeBnk X AMA Session With BeInCrypto
Changelly



Cryptocurrencies offer a world of opportunities: quick payments, innovative financial services, and inclusivity for previously unbanked regions. However, these opportunities come with challenges, such as security issues and the need for strong governance.

FreeBnk, with its groundbreaking Crypto2Stocks technology, is addressing these challenges head-on. We recently caught up with FreeBnk’s CEO, Yunus Emre Ozkaya, who shared insights about their revolutionary platform and upcoming features.

AMA Session With Yunus Emre Ozkaya of FreeBnk

BeInCrypto: Can you share some key milestones Freebnk has achieved in the past years?

🗣 COMMUNITY

bybit

We’re getting started our AMA session with the Freebnk app founder Yunus Emre Ozkaya 😎

As usual, I’ll have some questions for Yunus. After that, he will answer the 5 most interesting questions from you (quick reminder: we collected these questions in advance!) 

These 5 lucky Community members will get $20 😏

Yunus Emre Ozkaya: Hello everyone!

BIC: @Longabi let’s start with the basics: Freebnk is a crypto banking app. Can you share some key milestones Freebnk has achieved in the past years?

Yunus: We launched our app 3 months ago with a gasless transactions opportunity in partnership with Kima, Fireblocks and soon opening our RWA marketplace. 

BIC: What about your new Crypto2Stocks technology? What inspired FreeBnk to develop it?

Yunus: The idea behind Crypto2Stocks was to bridge the gap between decentralized finance (DeFi) and traditional finance (TradFi). We saw a need for a seamless way for investors to transition between crypto and stocks without the hassle of multiple platforms. This technology empowers users, offering them flexibility and control over their investments in a way that has never been done before.

BIC: How does Crypto2Stocks work, and what sets it apart from other platforms?

Yunus: Crypto2Stocks allows users to directly swap their cryptocurrencies for stocks in real-time. Unlike traditional systems that require converting crypto to fiat before purchasing stocks, our technology integrates both processes into one seamless transaction. This not only saves time but also reduces transaction costs, making it a game-changer for investors.

BIC: FreeBnk recently launched the $FRBK token on Bitpanda. How has the market responded?

Yunus: The response has been overwhelmingly positive. The $FRBK token’s value soared to a new all-time high of $0.32, a staggering 1,920% increase from its previous low. This reflects strong investor confidence in our vision and the potential of our platform. The momentum generated by both the token launch and our upcoming features like Crypto2Stocks is truly exciting.

BIC: Security is a major concern in the crypto industry. How does FreeBnk ensure the safety of its users?

Yunus: Security is our top priority. We’ve implemented advanced measures to protect our users’ assets and personal information. This includes robust encryption, multi-factor authentication, and regular security audits. Additionally, our platform is fully compliant with regulatory standards, ensuring a safe and trustworthy environment for our users.

BIC: What other features can users expect from FreeBnk in the near future?

Yunus:  We’re continuously working on enhancing our platform. Upcoming features include FreeBnk’s Crypto-Direct Cards, which allow direct debit payments from crypto holdings, and FreePad, a centralized launchpad for global IEO investments. We’re also adding new functionalities to our app for real-world asset trading. These innovations align with our vision of “Banking 3.0,” aiming to make finance more accessible and inclusive.

BIC: Can you elaborate on the importance of Crypto-Direct Cards and FreePad?

Yunus: The Crypto-Direct Cards, developed in collaboration with Kima Network, are designed to facilitate everyday transactions directly from users’ crypto holdings. This means users can make debit payments without the need to convert crypto to fiat first, simplifying the spending process and broadening the utility of digital assets.

FreePad, on the other hand, serves as a centralized launchpad for Initial Exchange Offerings (IEOs), enabling users to invest in new projects using either fiat or cryptocurrency. This feature democratizes access to early-stage investments and supports the growth of promising blockchain ventures.

BIC: What can users expect from the upcoming Real-World Asset (RWA) features?

Yunus: Our upcoming RWA features are designed to enhance the trading and creation functionalities within our app. Users will be able to invest in real-world assets such as property, stocks, bonds, and more, directly through the FreeBnk platform. This addition aims to diversify investment opportunities and provide a seamless experience for managing both digital and tangible assets in one place.

BIC: How is FreeBnk improving its mobile app to enhance user experience?

Yunus: Continuous improvement is at the heart of our development strategy. We’re rolling out upgrades to our mobile app that enhance usability, security, and overall performance. These improvements include a more intuitive user interface, faster transaction processing, and additional security features. Our goal is to provide users with a smooth and efficient banking experience, whether they’re trading crypto, managing stocks, or investing in real-world assets.

BIC: How do you see FreeBnk’s role in the future of finance?

Yunus: FreeBnk is at the forefront of a financial revolution. By merging DeFi with TradFi, we’re creating a more interconnected and efficient financial system. Our goal is to empower individuals and businesses, making finance more flexible and accessible. As we continue to innovate, we believe FreeBnk will play a pivotal role in shaping the future of global finance.

BIC: Any final thoughts for our readers?

Yunus: We’re just at the beginning of an exciting journey. Our success with the $FRBK token and the upcoming launch of Crypto2Stocks are just the start. We encourage everyone to stay tuned for more groundbreaking developments as we strive to transform the financial landscape. Remember, “fortune favors the bold,” and we’re excited to lead the way in this transformative era.

BIC: Great! Then let’s move to the questions from our Community 😌

The first one 👉 @MEHEDIIA:

How does FreeBnk envision its platform as a gateway to financial freedom for its users, and what strategies or tools does it provide to empower individuals to take control of their finances and investment portfolios?

Yunus: Freebnk provides all the right tools to invest in a secure environment without losing the soul of defi. 

BIC: @EzequielMarrero:

Could you explain the process of accessing and utilizing FreeBnk’s inheritance plan, including how it ensures that users’ portfolios are passed on to their loved ones in the event of unforeseen circumstances?

Yunus: Freebnk inheritance plan is not active yet but once it is you will automatically see options for your loved ones to receive your funds if something happens to you.

BIC: @Carl0709:

FreeBnk offers low-cost competitive lending, mortgage, and savings rates. Could you provide more details on how these financial products work within the FreeBnk ecosystem, and how they benefit both borrowers and lenders?

Yunus: It will match with RWA technology, we will be able, for example, to tokenize the property you are buying as collateral  and give you a loan.

BIC: @VenusGiron40:

The platform boasts robust security measures, including insurance coverage of up to $30 million against cyber and virtual attacks. Can you provide more insights into FreeBnk’s security protocols and how users can trust their funds and personal information are safe and protected?

Yunus: Great question, yes we have 30M insurance and also we use Mpc technology, we have partners like Fireblocks sumsub to be able to monitor all transactions in and out and check any attack beforehand.

BIC: The last one is by @HaNguyenT5:

The expansion into Turkey, Mena, EU, and the UK indicates a strategic approach to market penetration. What market research or analysis informed these expansion decisions, and how does Freebnk plan to adapt its marketing strategies to resonate with diverse cultural and regulatory landscapes?

Yunus: We are crazy about mass adoption and we can see growing interest from non crypto natives from those geographical areas.

Freebnk offer stand alone as marketing itself to able to invest in property or stocks and giving the chance to use your card.

BIC: That’s all! Great 🙏

@Longabi thank you for having time today 🖤

Yunus: Thank you very much for having me. 

Conclusion

In conclusion, FreeBnk is revolutionizing the DeFi landscape with its innovative approach and groundbreaking technologies. Under the leadership of CEO Yunus Emre Ozkaya, FreeBnk’s Crypto2Stocks feature bridges the gap between decentralized finance and traditional finance, offering seamless transitions for investors. 

The overwhelmingly positive market response to the $FRBK token and the forthcoming launch of real-world asset trading highlight the platform’s potential. With a focus on security, compliance, and continuous innovation, FreeBnk is poised to empower individuals and businesses, making finance more accessible and inclusive. 

Disclaimer

This article is sponsored content and does not represent the views or opinions of BeInCrypto. While we adhere to the Trust Project guidelines for unbiased and transparent reporting, this content is created by a third party and is intended for promotional purposes. Readers are advised to verify information independently and consult with a professional before making decisions based on this sponsored content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.



Source link

Bybit

Be the first to comment

Leave a Reply

Your email address will not be published.


*