London -based crypto company Neverless, founded by former PHUC revolut executives Kay, Arthur Johatt and Mikael Peydayesh, introduced a “strengthened bitcoin plan,” designed to help retail users to grow their bitcoin Handles faster by automatic, repeated purchase enhanced by the seizure.
The new investment product builds on the dollar averaging approach-a approach to which investors buy a fixed amount of Bitcoin at a regular gap to smooth volatility-with an added twist that allows users to borrow up to five times their contribution.
The platform automatically automatically bought and bought processes, using that euro or crypto as collateral, according to a press release shared with CoinDesk.
The CEO of Neverless, PHUC TO (which has been a former global product leader in the revolut), said the tool was designed to provide ordinary investors accessing the same type of resources construction of credit that has long been available to institutions and high-cost individuals.
“Institutions can raise capital and banks that provide wealthy people loans to buy possessions that actually grow. And what do ordinary people get? Credit cards that put us in debt. Never give you financing power to have a piece of the best performance of the century for yourself. statement.
Established in 2022, Neverless is already allowing users to trade more than 500 cryptocurrencies free of charge and offer access to defi assets that are usually out of reach for retail investors.
From the secure of $ 6.7 million in seed funding and an MIFID license last year, the company has grown to 50,000 users and processed more than $ 1 billion in trading volume.
