The DeFi market has long since established itself alongside the regular financial market and impresses with its anonymity and worldwide usability. However, DeFi also seems complex for many. A report from DappRadar highlights the deep technical knowledge needed to use DeFi. Due to its complexity and technical terminology, combined with a lack of intuitive interfaces, DeFi seems too abstract and inaccessible for many potential users, so they prefer to stick with traditional banks.
This means that a broader application in everyday life has not yet been able to develop and the innovative power of the DeFi sector is therefore being slowed down by more user experiences. But this is supposed to be the case Presale from Xuirin Finance change.
Debit card protects privacy
The stated goal is to better connect DeFi with traditional finance through new applications. This is a project within the DeFi ecosystem that aims to introduce a DeFi debit card to seamlessly integrate DeFi assets into everyday spending.
The focus is on user privacy. Therefore, the usual KYC checks to establish identity are waived. With the ability to carry out anonymous transactions, Xuirin Finance follows the basic principles of DeFi with regard to user independence and a high level of privacy protection.
Control in the hands of the users
Safety and comfort are also important. A DeFi wallet is available for the debit card, which allows users complete control over their assets – one of the core principles of DeFi. This approach contrasts with traditional banking, where banks control funds, and puts the responsibility for wealth management in the hands of the user.
Technologically, Xurin Finance’s debit card is based on blockchain technology and is intended to enable faster and more secure payments than in the traditional financial system. Customers receive the typical benefits of blockchain such as immutability and transparency, which simplify and make transactions more secure.
Fast payments possible worldwide
With its innovation, the card aims to overcome known transaction barriers and offer users a seamless and fast payment experience both locally and abroad. Typical problems of traditional finance such as currency calculations or international transaction costs should be a thing of the past.
In addition to the debit card, Xuirin Finance users will enjoy other benefits. A reward system will create additional incentives for transactions. You can save money every time you pay with the card for everyday expenses. Although such reward systems are already established in traditional finance, they are very innovative for the DeFi sector.
Exclusive access to airport lounges
As a further bonus, Xuirin Finance debit card holders receive free access to exclusive airport lounges worldwide. This advantage, which is otherwise only known from premium credit card providers in the traditional financial system, offers customers a touch of luxury. Xuirin Finance aims to stand out in the competitive market by providing users with such conveniences.
It’s currently running Presale from Xuirin Finance before the company will tap into this multi-billion dollar market with its DeFi debit cards. Anyone interested now has the chance to take part.
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