Introducing Neverless: A Game Changer in Crypto Trading
We have some exciting news from the fintech scene! Three former executives from Revolut have launched a revolutionary app called Neverless, aimed at transforming the cryptocurrency market. This app not only allows commission-free trading, but also features an innovative automated investment account that could lead to impressive returns.
Record-Breaking Investment and European Expansion
The team behind Neverless has successfully secured an incredible $6.7 million in one of Europe's largest pre-seed funding rounds. This significant investment reflects a strong faith in both the app’s potential and the confidence investors have in it. Following this, Neverless has registered as a Virtual Asset Service Provider (VASP) across several European countries, solidifying its foothold in the industry.
Features That Set Neverless Apart
What sets Neverless apart is its dedication to delivering a smooth trading experience. Users can buy and sell cryptocurrencies without any deposit or trading fees—something that many traditional platforms have moved away from. Plus, with a user-friendly interface, it allows people to deposit funds in Euros, making it more accessible to a wide audience.
The Strategies Investment Account
Neverless brings you 'Strategies', an automated investment account that focuses on market-neutral investments. This account has shown impressive results, achieving an average annualized return of 12.81% in the past 90 days and 11.89% over the last year. Users can count on stability in their investments—which is crucial in the volatile world of cryptocurrency.
Innovation in Technology
With advanced automated strategies, Neverless makes sophisticated investment methods accessible to everyone, rather than just elite funds. The app’s algorithm continuously scans for market inefficiencies, buying low on one platform and selling high on another. This rapid precision trading can yield consistent returns without getting influenced by market trends.
Transparency: A Promise to Users
Transparency is at the core of Neverless’s philosophy. Users can easily verify the app’s promise of fee-free trading by comparing transactions in real time on other exchanges. For example, when buying $10,000 in Bitcoin, a user found that another platform offered 1.49% less Bitcoin than Neverless, clearly showing the advantages of their service.
The Founders’ Vision
The founders of Neverless transitioned from their roles at Revolut, driven by the desire to address the transparency and high fee issues that plague both traditional finance and crypto exchanges. They envisioned an app that users could trust, free from hidden charges and complex interfaces. As Rita Riera, the Director of Neverless Spain, expressed, "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 very short time, Neverless has seen remarkable growth, attracting thousands of users and surpassing $100 million in transaction volume. The company is strategically targeting key markets such as Spain, France, and Ireland, setting the stage for further expansion throughout Europe and into Latin America.
This impressive momentum highlights Neverless’s ambition to not only transform cryptocurrency trading but also to establish a strong presence in global markets.
About Neverless
Neverless is a distinctive crypto trading platform that offers a completely fee-free model along with automated investment tools aimed at achieving high and stable returns. Founded by notable former Revolut executives, it has already reached significant milestones, including its record-setting $6.7 million pre-seed funding and VASP registrations in multiple EU countries.
For more information or inquiries, please contact:
Rita Riera Pastalle
Director of Neverless Spain
Email: rita@neverless.com
Frequently Asked Questions
What is Neverless?
Neverless is a crypto trading app offering commission-free trading and innovative investment solutions for 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?
Neverless stands out by providing zero fees for trading and deposits, as well as automated investment accounts designed for dependable 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, such as 'Strategies' offered by Neverless, enable users to invest effortlessly for greater stability and returns.
