Jubiter is a cryptocurrency wallet that lets users store Bitcoin and Litecoin, as well as exchange their fiat currencies for either of the two cryptos.
The team behind Jubiter believed that decentralized cryptocurrencies—first introduced in 2008 by pseudonymous developer Satoshi Nakamoto through Bitcoin—has the potential to bring a positive change to the traditional financial structure.
However, beginners find it hard to move around in the crypto world.
This is partly due to the novelty of the relatively young technology. Newcomers to the scene find it difficult to understand the processes in which cryptos are stored and transferred. In addition, they are also bombarded with terminologies and diagrams originally understood by only stock traders and economists, among others.
Drawing from similar experiences, the self-confessed “unabashed Bitcoin nerds with elite knowledge of blockchain technology” have applied their skills and expertise in developing Jubiter.
Acting as a cryptocurrency wallet and an exchange for Bitcoin (BTC) and Litecoin (LTC), Jupiter was launched in mid-2018 to help introduce newcomers to the advantages of using cryptos in financial transactions and to make “cryptocurrency available to more people.”
Jubiter offers its customers a secure mobile crypto wallet that lets them store, buy, send, and receive digital currencies. Some of the app’s features are as follows:
1| Crypto Storage
The platform offers a digital asset storage for Bitcoin and Litecoin, secured by end-to-end data encryption and two-factor authentication, among other security measures.
2| BTC and LTC Purchase
Through the Jubiter web platform and mobile app, users can instantly purchase Bitcoin and Litecoin using fiat currencies, which can be directly transferred from a credit card.
3| User-Friendly Interface
In line with its vision to make crypto accessible to virtually anyone, Jubiter guarantees that its clients can easily navigate through the app’s simple but effective user interface.
4| Secured Assets
Digital assets stored using Jubiter’s services are secured on highly protected offline storage.
5| Legally Compliant
Jubiter’s crypto-to-fiat exchange services are regulated by the Estonian Financial Intelligence Unit. In addition, Jubiter is a registered Money Services Businesses on the Financial Crimes Enforcement Network (FinCEN) bureau of the US Department of Treasury.
In the near future, Jubiter hopes to launch a physical debit card that allows holders to withdraw fiat currency and to purchase goods and services using Bitcoin.
With the help of these services, Jubiter aspires to provide its customers with simple yet helpful tools that they can use to navigate into the promising world of cryptocurrencies.