LCP

Spend and Buy with Crypto Using a Secure Crypto Debit Card Platform

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Overview

A crypto platform built to buy with crypto, handle crypto transactions, enable KYC verification, and support blockchain payments.

At A Glance

industry
Industry
Fintech
region
Region
Gulf
duration
Duration
20 weeks

Technical Stack

Node
ReactJS
Flutter
PostgreSQL
Binance
VISA

Client Profile

Established in 2024, the fintech platform is a progressive crypto platform and fintech company headquartered in the GCC that offers innovative and next-generation financial services. Empowering users with greater financial flexibility, security, and efficiency in the evolving digital economy, this digital payment solution is positioned as a reliable crypto payment solution in the region, simplifying the way users handle crypto transactions and enabling them to buy with crypto seamlessly using tools like the Visa card. It also functions as a blockchain payment gateway, facilitating smooth digital asset transactions for merchants and users alike.

Challenge

  • Limited Crypto Usability - The Middle East lacks options for spending cryptocurrency like regular cash.
  • Everyday Transactions Barrier - Users struggle to use Bitcoin, Ethereum, or USDT for daily purchases like groceries, coffee, or bills.
  • Lack of Instant Conversion - Quick Bitcoin-to-USD conversion for seamless spending is not widely available.
  • Trading-Focused Platforms - Most crypto platforms prioritize trading and investing over real-world usability.
  • Accessibility Issue - Cryptocurrency remains impractical for daily spending due to complex conversion processes and platform limitations
Crypto Platform with Visa Crypto Card & Debit Card

Solution

  • Seaflux partnered with a leading crypto-fintech platform to develop a seamless solution that enables users to easily manage and spend their cryptocurrencies. 
  • By leveraging Seaflux’s expertise in building end-to-end financial platforms, the solution offers a user-friendly crypto experience where individuals can effortlessly convert, transfer, and deposit fiat and crypto. 
  • The integration with Binance ensures smooth fund management, while support for Bitcoin, Ethereum, USDT, and USDC allows easy conversions between assets. 
  • Through this collaboration, Seaflux has helped a leading crypto-fintech platform bridge the gap between crypto and everyday transactions, making virtual currencies more accessible and practical for users by streamlining crypto transactions for daily use and allowing them to confidently buy with crypto.
  • Secure KYC Verification: This ensures user security and regulatory compliance. As a KYC verification crypto platform, the platform enables smooth onboarding and protects users in line with regional financial regulations.
  • Physical & Virtual Cards: Supports Visa cards and crypto debit cards for fast, reliable transactions.
  • Real-Time Conversion: Instantly convert crypto to fiat for seamless spending.
  • Transfers & Gifting: Send crypto or fiat via phone, email, app ID, or QR code.
  • Rewards & Referrals: Offers crypto gifts and referral bonuses.

Key Benefits

  • Increased Crypto Utilization - Over 60% of active users completed at least one crypto-to-fiat transaction, showing a shift toward spending digital assets.
  • Improved Transaction Speeds - Transaction processing times were reduced by 50%, enabling faster and more convenient crypto transactions and payments.
  • Revenue Surge - A 20% increase in revenue from crypto-to-fiat conversions, exceeding projections, proves a strong market fit.

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