Announcing 18 Ventures as a strategic investor in CoinBurp!
Cryptocurrency enthusiasts are always on the lookout for new, innovative exchange platforms that provide an easy on-ramp into cryptocurrencies and NFT’s, which are reasonable with regards to fees, and give them access to innovative financial opportunities. CoinBurp is set to spend plenty of time in the limelight as a main player in the space, particularly in the UK where it is based and seeing a sharp rise in popularity.
You may have heard of their already well established centralised finance exchange platform, which is ranked the #1 crypto trading platform according to TrustPilot UK, but now they’re developing an Ethereum based DeFi wallet which is to be underpinned by the utility and governance $BURP token.
The wallet will unlock a whole new world of DeFi, such as staking, access to an exciting NFT market, exclusive CoinBurp generative NFTs and competitions to win incredibly rare NFTs from their partners.
What makes CoinBurp special?
Currently, users can store and send ERC20 tokens as well as import their existing wallets — and access different pieces of digital artwork. Later this year, CoinBurp plans to integrate with OpenSea which is one of the largest NFT marketplaces. Throughout the second half of 2021 the team will be adding to an already impressive list of partnerships, which currently includes Sandbox, Avastars, NFT boxes, BCB, Ethermon, ChainGuardians and The Crypto Prophecies.
In 2021, they are set to complete the integration of GBP and EUR support in an upcoming update. With this, users can buy and sell NFTs directly from their bank accounts. Simultaneously, there is $100 million in insurance cover through the CoinBurp app. There are plans to partner with even more NFT platforms by the end of the year and integrate with popular games, digital art galleries and auction houses, as well as add multi-chain support and more DeFi protocols that users can use on their exchange.
Quote from 18 Ventures
“We’re excited to invest in Coinburp for so many reasons, but the execution of the team and their track record of building a revenue generating and long standing business was the thing that impressed us most. What Peter and the team have built, is a retail friendly CeFi to Defi bridge on board the next wave of people into crypto, DeFI, and NFT’s” — Nathan Pearson-Smith, Founder of 18 Ventures.
If you are interested in hearing more about what the team are building, the CoinBurp Twitter is a great place to start. Alternatively, you can check out their website, or Telegram channel for more information.
