Astra announces AstraBank release for 10th Nov 2024

AstraLabs announced on X that its flagship product, AstraBank , will officially launch on November 10, 2024, coinciding with AstraAI’s first anniversary. According to the team, it is set to revolutionize finance by bridging the gap between traditional banking and crypto. It promises seamless integration of fiat and digital currencies for users and businesses.

Key Highlights:

• Real-Time Crypto-Fiat Conversion: AstraBank allows users to easily convert crypto to fiat, simplifying daily transactions.
• AML Compliance and KYC: AstraBank enforces strict AML and KYC procedures, ensuring security and transparency in every transaction.
• Scalable Transactions: AstraChain, integrated with AstraBank, supports millions of transactions daily, ideal for high-volume payments in stores and cafes.

AstraBank also provides personal and corporate accounts with SEPA and SWIFT payment options. It supports multiple currencies, including USD, EUR, and GBP. Users can hold accounts in over 40 currencies across 170+ countries. AstraBank integrates real-world assets too, allowing crypto-to-fiat transactions for property purchases.

Disclosure: Our Crypto Talk collaborates with AstraLabs. This is not financial advice. Always DYOR.