EQIFI, the decentralized finance (DeFi) platform for borrowing, trading, and investing in digital assets, backed by a regulated bank, has announced the launch of its mobile application, providing enhanced smartphone accessibility to the EQIFi DeFi product suite. The app provides access to EQIFi’s most sought-after products, including the EQIFi yield aggregator which offers up to 70% APY. The app also offers peer-to-peer crypto transfers with zero fees, access to a variety of crypto wallets, and the ability to make purchases in crypto through DeFi credit cards.
Brad Yasar, CEO of EQIFi, said: “With over $249 billion Total Value Locked and counting, DeFi is set to take the financial industry by storm. With this advancement, people need access to DeFi just as much as they need access to their traditional bank account. Our app is designed to create this accessibility while also encouraging users to participate in the DeFi revolution through myriad capabilities, including the increased accessibility to our yield aggregator, something we are very excited about.”
EQIFi app users have access to a variety of blockchains including Bitcoin (BTC), Ethereum (ETH, USDT, EQX, USDC) and Binance Smart Chain (EQX, and soon BNB). Users can engage with the yield aggregator product through their BTC, ETH, USDT & USDC holdings on the app. In addition to this, users have increased access to EQIFi’s native EQX token. The EQX token allows for in-app access to the EQIFi product suite, staking rewards, increased LTV and bonus APY. Custody for user assets on the EQIFi app is provided in partnership with Ledger.
Ioana Frincu, CTO of EQIFi, said: “As DeFi adoption continues to boom, interactions with DeFi technology are becoming increasingly sophisticated. It is a natural step for EQIFi to bring the latest DeFi technology directly to our user base through the launch of our mobile app. The app will allow users to interact with EQIFi’s Yield Aggregator (which brings up to 70% APY), zero fee peer-to-peer transfers, staking and a state-of-the-art wallet ”
EQIFi is powered by EQIBank. Launched in 2015, EQIBank is one of the world’s leading digital banks and offers tax-neutral personal and corporate banking services in multiple currencies to clients in over 180 countries. EQIBank offers competitive rates, 24/7 service, trusted security, and an innovative, simple online global banking experience across all devices. EQIBank provides bank accounts, loans, custody, debit and credit cards, OTC, and wealth management to EQIFi and all its qualified clients.
The app is available to download from the App Store and Google Play.
For more information, visit www.eqifi.com.