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The easiest fiat off-ramp
It is meant to be used as a standalone app, but it can also be integrated in any other application. This feature allows any app creator to enable their users to cash out the crypto they earn. This is very powerful in goods/services marketplaces, wallets, and all the platform where people earn cryptos.
Adding an easy way for people to off-ramp crypto would eventually accelerate its adoption, since it would help people to start using decentralised services where they can earn revenue in crypto, knowing that they can withdraw it on their bank account.
Users do not require to pass KYC verifications, but all the transfers pass regulatory checks under the Swiss law, provided by Bity, based on Ethereum account and bank account informations. Thus, all the transfers are limited to 1.000€.