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What is Encryptus? Everything About the Most Trusted Crypto-Fiat Conversion Platform

Key Takeaways
  • The rampant rise of cryptocurrencies is compelling traditional businesses to reassess their present models and pivot their core operations
  • Encryptus, a crypto-to-fiat On-ramp and Off-ramp platform is changing the way businesses interact with cryptocurrencies
  • Encryptus operates on the four pillars of expertise, simplicity, compliance, and ecosystem with licenses in UAE and Authorized in Lithuania as VASP
20-Mar-2023 Sudeep Saxena
What is Encryptus? Everything About the Most Trusted Crypto-Fiat Conversion Platform

The future of money belongs to the decentralization of power and authority held by traditional financial institutions.

 The people are taking back control of their money and a large-scale decentralized crypto ecosystem is under development. The rampant rise of cryptocurrencies is compelling traditional businesses to reassess their present models and pivot their core operations to embrace the future of finance, cryptocurrencies. 

Amidst this, institutions having vast exposure to liquid fiat are willing to diversify their funds and convert them to crypto for future growth. However, there is a long list of trials and turbulences for institutional investors in bringing their fiat holdings to the crypto ecosystem.

But contrary to the common belief, there are platforms that make it surprisingly simple for businesses to On-ramp and Off-ramp their money to cryptocurrencies. Today we are talking about Encryptus, a project that is making it possible for institutional players around the world to enter the blockchain space. 

What is Encryptus And Why Does it Matter?

In 2020, Encryptus burst onto the London crypto scene with a mission to revolutionize the way we think about buying and selling digital assets. Their goal? To bring transparency and impartiality to the world of cryptocurrency using advanced technologies and basic logic. And boy, have they delivered. 

With an on-ramp and off-ramp service that lets you easily convert your fiat currency to popular cryptocurrencies like Bitcoin and Ethereum, Encryptus has quickly become the go-to platform for anyone looking to enter the world of crypto. Thanks to their institutional-grade platform, companies and institutions worldwide are now able to consume their ecosystem and jump headfirst into the crypto space. 

Encryptus is licensed in DMCC UAE and authorized by Lithuania as a VASP. It maintains a strict KYC authentication for its customers and ensures that all the currencies that are being bought or sold on its platform are clean. The scale and compliance of Encryptus make it stand out in the market and make it a top choice. 

How Does Encryptus Work?

Encryptus’ simple and streamlined process makes it easy to convert your fiat to crypto and back again. But that's not all. For businesses looking to integrate their services, Encryptus provides an API integration that seamlessly incorporates its technology into your ecosystem. Plus, it has automated many aspects of the platform, from client onboarding to bank wires, making it a breeze to use.

Encryptus is supported by large traders and is backed by multiple exchanges for liquidity. And with their well-funded model, they've got the power to execute large orders both on the buy and sell side. But perhaps the most impressive thing about Encryptus is its laser focus on user experience. 

They understand that in the fast-paced world of crypto, every second counts. That's why they provide the best experience possible when it comes to converting your assets. With efficiency and transparency in their operations, Encryptus’s conversion desk is highly trustable. 

Why Do You Need Encryptus For Your Business?

Encryptus is the perfect platform for businesses that want to enter into the crypto space. They offer secure, reliable, and assist businesses throughout the process. Its users get dedicated support during each conversion and Encryptus’ compatibility with Euros, Pounds, Dollars, Singapore Dollars, Hong Kong Dollars, Kenyan Shilling and Nigerian Naira gives it universal appeal for businesses all around the globe. 

Even though the use cases of Encryptus as an On-ramp platform are explicit and would be more popular in the coming times, here is a list of things that makes Encryptus a dealbreaker for businesses around the world. 

Increased Accessibility to the Crypto Market 

By integrating Encryptus into their ecosystem, businesses can offer their clients an easy and user-friendly way to buy and sell cryptocurrencies. This can help increase engagement and open up new revenue streams.

Better Security and Compliance 

Encryptus is a fully authorized and legal platform, which means businesses can trust that their clients' transactions are secure and compliant with regulations.

Streamlined Processes

With features like automated client onboarding and bank wires, Encryptus makes it easy for businesses to integrate crypto transactions into their existing processes.

Improved Liquidity

By partnering with large traders and utilizing multiple exchanges for liquidity, Encryptus can help businesses execute large orders more efficiently.

Enhanced User Experience

With a focus on user experience, Encryptus provides a seamless and intuitive platform for buying and selling cryptocurrencies. This can help businesses improve customer satisfaction and retention.

Increased Revenue Opportunities

By offering crypto transactions, businesses can tap into a rapidly growing market and potentially increase their revenue streams.

Overall, there are many compelling reasons why businesses might want to consider integrating Encryptus into their ecosystem, from improved accessibility and security to increased revenue opportunities and more.

Compliance, Expertise, and Experience: Encryptus’ Pillars of Trust

The foundation of Encryptus has always been compliance. They acquired their first crypto license for "Proprietary Trading in Crypto Commodities" from DMCC in August 2021. In August 2022, they got authorized by the Lithuanian authorities to operate as a "Cryptocurrency exchange and Wallet Operator" in the region. 

The platform operates on the four pillars of expertise, simplicity, compliance, and ecosystem sharing. They have a dedicated team for each trade, which ensures better deals and liquidity during the trade. The experience that they provide to the customers is as smooth as it can get for a business to transfer its liquidity to cryptocurrencies.

With this, Encryptus is one of those projects that could be pivotal for the future of finance and change the way businesses interact with their liquid funds. 

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