The FinTech Current is offering its more than four million members no-fee cryptocurrency trading through its new partnership with crypto-as-a-service infrastructure provider Zero Hash.
The integration with Zero Hash gives Current members the power to buy and sell bitcoin, ethereum and dozens of crypto assets without trading fees, according to a press release on Wednesday (Oct. 19).
“At Current, we have always been focused on onboarding people onto the financial system,” said Current Chief Technology Officer Trevor Marshall.
“Now, through partnering with Zero Hash, we’re able to immediately onboard our over four million members to cryptocurrency through a trusted entity in Current. This allows Current members to be participants in these alternative networks and benefit from the value they create to improve their financial outcomes,” Marshall added.
See also: The New Math of Crypto Payments
People using Current receive instant liquidity from their trades, which means never waiting for funds to settle. Instant access to funds also means they can buy and sell without having to move money around, according to the release.
Zero Hash provides crypto trading infrastructure for liquidity, custody and regulatory and compliance for fiat-to-crypto conversion that gets rid of technological nuances.
“We see the most agile FinTechs now offering crypto to meet consumer demand and ensure their users remain sticky. Our turnkey solution for digital assets allows Current to focus on building innovative products and experiences for their customers, launching quickly and securely and with little regulatory burden,” said Edward Woodford, CEO and co-founder of Zero Hash.
Read more: PYMNTS Report: 60% of Well-Off Consumers Still Buy Crypto as Investment
Headquartered in Chicago and founded in 2015, Zero Hash is a B2B2C embedded infrastructure platform that enables platforms to natively integrate digital assets into their own customer experience. Its end-to-end solution takes care of the backend and regulatory licensing requirements necessary to offer crypto products.
Located in Manhattan and founded in 2015 by CEO Stuart Sopp, Current uses proprietary banking technology to offer affordable financial services to more people with the goal of bringing about greater outcomes, according to its website.
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