'Open banking and APIs Can Work Wonders for Crypto Startups' by POpenbanking cryptostartups startup
Furthermore, customers are required to fill in personal details such as name, address, contact, and account number during wire transfers. Naturally, a new user is bound to feel discouraged from using the platform if the payment does not go through due to an error, such as missing a number. And a lack of live chat support is the nail in the coffin. This is the perfect storm for customer turnover—a factor of existential importance for startups in the ever-competitive crypto space.
Thanks to being able to offer fast and seamless currency exchanges, early-stage startups can unlock a better consumer experience as well.Crypto has moved far beyond being a money-making machine for passionate traders. Step by step, it's getting entrenched into our financial systems and becoming a common way of sending and receiving money across the globe.
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