Innovative Crypto App Neverless Disrupts Trading with Zero Fees
Introducing Neverless: A Game Changer in Crypto Trading
Exciting news from the fintech world! Three former Revolut executives have launched a groundbreaking app named Neverless, designed to reshape the cryptocurrency landscape. This app not only offers commission-free trading but also introduces an innovative automated investment account, paving the way for remarkable returns.
Record-Breaking Investment and European Expansion
The team behind Neverless has successfully raised an astounding $6.7 million in one of the largest pre-seed funding rounds across Europe. This impressive capital boost reflects both investor confidence and the app’s potential. Subsequently, Neverless has secured registration as a Virtual Asset Service Provider (VASP) in various European nations, solidifying its presence in the market.
Features That Set Neverless Apart
One of the standout features of Neverless is its commitment to providing users with a seamless trading experience. Users can buy and sell cryptocurrencies without incurring any deposit or trading fees—an option many traditional platforms have discontinued. With an easy-to-use interface, the app allows for fund deposits in Euros, making it accessible to a broader audience.
The Strategies Investment Account
Neverless introduces 'Strategies', an automated investment account that supports market-neutral investments. This account boasts impressive performance metrics, achieving an average annualized return of 12.81% over the last 90 days and 11.89% over the last year. Users can expect stability in their investments, a feature critical in the inherently volatile cryptocurrency market.
Innovation in Technology
Utilizing advanced automated strategies, Neverless has democratized access to methods typically reserved for elite investment funds. The app's algorithm operates continuously to identify and seize market inefficiencies, automatically buying low on one platform and selling high on another. This precision trading occurs at lightning speed, potentially delivering consistent returns without being swayed by market trends.
Transparency: A Promise to Users
Neverless thrives on transparency. Users can validate the app's fee-free promise by comparing transactions concurrently on other exchanges. In one scenario, a user purchasing $10,000 worth of Bitcoin noted that another platform provided 1.49% less Bitcoin than Neverless, highlighting the benefits of using their service.
The Founders’ Vision
The founders of Neverless transitioned from Revolut, aiming to rectify issues surrounding transparency and excessive fees prevalent in both conventional finance and cryptocurrency exchanges. They wanted to create an application that users could trust, free from hidden costs and complicated interfaces. Rita Riera, Director of Neverless Spain, encapsulated this sentiment well: "Neverless was born out of personal frustration. We saw a need for a transparent, user-friendly app that wouldn’t feel deceptive with hidden fees—so we created it."
Exciting Growth and Ambitious Goals
In a short span, Neverless has experienced significant growth, attracting thousands of users and exceeding $100 million in transaction volume. The company’s strategic focus is on key markets including Spain, France, and Ireland, which lays the groundwork for future expansion across Europe and Latin America.
This impressive trajectory underscores Neverless’s ambition to not only redefine the realm of cryptocurrency trading but also secure a formidable presence in global markets.
About Neverless
Neverless stands as a unique crypto trading platform, offering a completely fee-free model alongside automated investment tools that target high, stable returns. Founded by distinguished former Revolut executives, it has already achieved notable milestones, including its record-breaking $6.7 million pre-seed funding and VASP registrations in multiple EU nations.
For more information or inquiries, reach out to:
Rita Riera Pastalle
Director of Neverless Spain
Email: rita@neverless.com
Frequently Asked Questions
What is Neverless?
Neverless is a crypto trading app providing commission-free trading and innovative investment solutions to users.
How much funding has Neverless raised?
Neverless has raised an impressive $6.7 million in pre-seed funding.
What makes Neverless different from other crypto platforms?
The app offers zero fees for trading and deposits, along with automated investment accounts for consistent returns.
Where is Neverless registered?
Neverless is registered as a Virtual Asset Service Provider (VASP) in several European countries.
What are automated investment accounts?
Automated investment accounts like Neverless's 'Strategies' allow users to invest without manual intervention for stability and returns.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.
Related Articles
- Wynn Resorts Enhances Credit Flexibility with New Funding
- Intel's Strategic Move to Partner with Amazon's AWS Boosts Prospects
- Bombardier Celebrates Excellence with 2023 Diamond Suppliers
- Pitmaster Collective Expands Network with Over 200 Partners
- Intel's Innovative Shift: Launching a Separate Foundry Unit
- Enova International Boosts Financial Flexibility with New Credit Facility
- Accuray Enhances Financial Stability with Credit Facility Changes
- Innovative Shared-Use Kitchen Launches to Help Local Entrepreneurs
- Progressive Care Inc. Shareholders Approve Major Merger Move
- NextPlat's Major Business Move with Progressive Care Inc.
Recent Articles
- Global Oceanographic Monitoring System Growth Forecasted
- Newsweek Launches Innovative 'Horizons' Event Series on AI
- Allied Properties Sets $0.15 Per Unit Distribution for September
- Exciting Insights Await at Questex's Bar & Restaurant Expo
- Valis Corporation Unveils Revolutionary Brain Model Project
- Czech Republic's Potential $242M Loss Without Marijuana Regulations
- Transforming Memories: My Everlasting Voice's Unique App
- Faith Leaders Influencing Mental Health Care Among Communities
- ARC Fertility Boosts Maternal Health Collaboration at Summit
- Allied Properties REIT Declares September Distribution Announced
- Economist Insights: U.S. Economy Doesn’t Require Aggressive Rate Cuts
- Glen Burnie Bancorp Welcomes Felton Magee Jr. to the Board
- Glen Burnie Bancorp Welcomes Felton Magee Jr. to Leadership Team
- EHang's EH216-S Secures Flight Authorization in Brazil
- Vuzix Secures $20 Million Investment to Enhance Smart Glasses
- TriMas Packaging Set to Shine at Upcoming Luxury Trade Show
- Understanding the Latest Trends in Carvana Options Trading
- Transforming Packaging Design: ProAmpac's Innovative Tool Launch
- Altria Group's Recent Options Activity Sparks Investor Interest
- CRIF Select Enhances Leadership with John Moody's Addition
- SurePeople Unveils Innovative AI Coaching Tools and New CEO
- Significant Bullish Moves in JPMorgan Chase Options Trading
- UMB Bank Enhances Its CLO Services Team With New Leaders
- Young Republicans Show Support for Cannabis Legalization Efforts
- Chainlink CCIP Integration Enhances ZKsync's Blockchain Capabilities
- Insights from Mutual Insurance Leaders on Industry Trends
- Christine Barnhart Recognized for Women in Supply Chain Achievement
- Transform Your Investment: $1000 in Canadian Natural Res Today
- TeamBridge Secures $28 Million to Enhance Workforce Technology
- How $1000 Invested in Micron Technology Grew Over 15 Years
- Robbins-Madanes Celebrates 2024 Positive Change Initiatives
- Alcoa and Other Key Stocks Surge Amid Market Fluctuations
- Concerns Rise Over Regulation of Driverless Trucks in the Southwest
- Alafair Biosciences Showcases Innovative VersaWrap Hydrogel
- Thriving Cruise Industry: Robust Growth Ahead for 2025
- Alessandro Lombardi Strengthens Data Center Infrastructure Initiatives
- Who Will Dominate the Semiconductor Sector in 2024?
- First Horizon Partners with ABC's Home Edition for Families
- SuperCom Achieves Compliance with Nasdaq Bid Price Guidelines
- Exploring Unisys's Business Growth and Service Innovations
- CrowdStrike, Amazon, NVIDIA Launch Cybersecurity Startup Program
- Challenges Threatening Owner-Operated Small Businesses
- BOB Unveils One-Click Solution for Bitcoin Staking Enthusiasts
- Chatsworth Products Celebrates Awards for Innovation in Cabling
- BCBSTX Initiates 95 Days of Kindness Campaign for Community
- Gordon L. Redd, Jr.'s Legacy: A Journey Through Pest Control
- Growth of Electronic Manufacturing Services: Market Insights
- Exploring the Future of Post-Quantum Cryptography Growth
- Unified Endpoint Management Market Surges to USD 145.62 Billion
- Exciting Search for Dave & Buster's Flag in Lombard Begins