Twitter Co-founder Invests in “Bitcoin Banking app” Mode Banking

Bringing Bitcoin and altcoins to the masses will remain a major challenge. Twitter co-founder Christopher Isaac Stone recently backed a fintech startup focusing on making this happen.

Known as Mode Banking, this application and platform has a lot of potential.

Mode Banking Brings Bitcoin to the Masses

Its main purpose is to let customers open an account in less than a minute.

After following the KYC procedure, about three minutes should have passed.

Whether or not these bold claims will apply to every person signing up for this platform, is always difficult to predict. 

As far as customers go, Mode Banking works virtually everywhere in the world, except the US.

Customers using this fintech application can buy Bitcoin in a convenient manner.

Related Post

There is a £50 minimum purchase limit, which equals to $65.

All purchased bitcoins are stored in wallets managed by BitGo for optimal security.

With a trading fee of under 1% and support for the UK’s primary payment solutions, Mode Banking can become a very valuable addition to the ecosystem.

Having the support of a Twitter co-founder is rather prominent for such a young company.

Parent firm R8 Group raised $5 million in funding in April 2019.

More solutions bringing Bitcoin to the masses will help the cryptocurrency ecosystem grow and evolve.

There is always a need to attract more people. 

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Published by
JP Buntinx

Recent Posts

TMS Network (TMSN): The Unstoppable Wave Overwhelming Arbitrum (ARB) And XRP (XRP) in 2023

Crypto investment has seen a surge in 2023 as new players overwhelm renowned players with…

3 hours ago

With Sparklo (SPRK) To Higher ROI Than XRP (XRP) and Terra Classic (LUNC)

The broader cryptocurrency market has been sluggish for the last few days. Among the top…

5 hours ago

Leading Crypto Activist Explains What Crypto Communities With Grow The fastest After SEC Targets Coinbase and Binance

The recent developments in the cryptocurrency world have undoubtedly sent ripples throughout the entire ecosystem.…

5 hours ago

Kucoin (KCS) and Polkadot (DOT) Enters The Bear Market, While Sparklo (SPRK) Gains More Investors

To stay afloat and maintain its lead over other popular coins, Sparklo has introduced a…

1 day ago

NiFTiesLab Corp Breaks New Ground with HSAC Token: Championing the Attention Economy on Bitcoin’s BRC20 Protocol Amidst Regulatory Uncertainty

Road Town, British Virgin Islands – Hold onto your hats! NiFTiesLab Corp is rewriting the…

1 day ago

TMS Network (TMSN) Revealed as Shocking Crypto Challenging Arbitrum (ARB) and Polkadot (DOT)

The world of crypto sees its share of innovations, with newer platforms and tokens arising…

1 day ago