Key App

1/ Are you tired of high transaction fees and slow processing times when sending money to someone? Key App is a revolutionary service for sending money all over the world without fees. Say goodbye to fees and long wait times for your money to arrive! key.app/d

Did you know that blockchain remittances are 388 times faster and 127x cheaper than traditional channels?🤔

With Send via Link, your mom doesn't need to provide a complicated crypto address or even a Key App account to claim her money. She simply needs to click the link to download the app and claim 😃 Sending and receiving crypto has never been easier 🙆

Remittances are a lifeline to poorer communities to purchase basic neccesities and so, slow processing times and high fees have a huge impact on their lives 👪. At Key App, we don't believe you should have to wait days to receive money and you definitely shouldn't have to pay money to send money🤯

The remittance industry needs an upgrade and blockchain technology is able to spearhead this, so why isn't it? 🤔 In this @Forkast_News OpEd, our general manager @edanilov, dives deep into blockchain's potential to address the pain points of the remittance industry and why it must be built with the average user in mind🧑‍💻.

Sending crypto abroad should be as easy as clicking a link from any device and with Key App, it is! 🦸 Check out our Send via Link feature here: key.app

5/5 If you're interested to learn more about how to send remittances abroad with Key App, visit us at key.app to find out more!😉

4/5 Lets talk security 💪! The decentralised nature of the Solana blockchain means its not controlled by a central authority and this reduces the risk of censorship or manipulation of remittance transactions.

1/5 Why do we use Solana Blockchain for remittances 🤔 ?

Did you know sending remittances abroad costs around 6.24% of the transaction amount and is usually regressive? That means people sending smaller amounts of money end up paying a higher percentage of their income in fees compared to those sending larger amounts of money.

Our headquarters tonight

As we focus on money transfers, we have released a new version of our website that more clearly reflects what we are building and emphasizes our mission: key.app Take a look!

That's why great off-ramp experience is vital for building a money transfer service like Key App: - Hide the crypto stuff as much as possible - Smooth KYC - Great exchange rate for crypto to local currency - No WebView

Off-ramp or exchanging crypto for fiat is the trickiest part of building a great money transfer service on the blockchain. When you send money to your friends or provide for your family, you want them to get that money in their bank account.

We are constantly looking for the best off-ramp providers all over the world. If you're building an awesome off-ramp outside the EU, UK and Switzerland, our GM will be glad to chat: egor.danilov@p2p.org

11/ We hope you enjoyed our thread ❤️ You can download the Key App and try our new bridge here: key.app/d

10/ We would also like to thank @AlchemyPlatform, which we use to interact with the Ethereum network in this product!

We recently launched a game-changer for depositing tokens from Ethereum to Solana: a gasless seamless bridge that doesn’t require a blockchain tech degree to use. Now we want to share more details on how our magic works and how @wormholecrypto helps power it. A THREAD!