The platform for buying, selling, storing and transferring crypto assets Vexel has been successfully operating on the Russian market since 2018.
The company, together with Guavabank, has issued a cryptocurrency card of the UnionPay payment system, which allows Russians to replenish it with cryptocurrencies or fiat money, as well as withdraw money to bank cards or crypto wallets and pay for purchases on online platforms.
New users will have access to accounts in US dollars and rubles. At the time of payment, there will be an automatic conversion to the desired currency.
With the help of Vexel cryptocurrency cards, you can pay for goods and services in those companies that cannot yet accept payments in cryptocurrency, as well as when traveling abroad, which makes it indispensable due to the financial limitations of Russian citizens.
In addition, cash withdrawals from ATMs are also available.
Vexel also plans to issue virtual cards.