SPRITZ FINANCE

in Tron Fan Club2 years ago

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It can be such a headache to get your crypto out of your crypto wallet and into your bank account and even more of a headache if you want to pay your bills with your crypto or if you want your own process to happen quickly. Spritz finance has come up with a huge solution and if you don't what Spritz finance is, I will explain in a bit. Spritz is a bridge between crypto and traditional finance, it connects real-life accounts like credit cards, your mortgage, utility bill, your bank account, and so on with your on-chain crypto asset. Spritz does two things, the first is that it is a way for you to pay your bills and other things with your crypto. Secondly, it is an off-ramp for your crypto.

Right now, if you want to a bill and in real life bill with your crypto, this is what the process would look like. First thing is that you would open whichever crypto wallet you are using and then you will have to find a centralized crypto exchange that you have an account for and support crypto to fiat off-ramp. You will copy the address from the exchange into your wallet, then we will need to figure out which crypto you are going to send and how much of it you are going to send because all exchanges support different coins. From the time you want to send it or decide to when you are going to send it out, to the time you want to send it or cash it out, the value might change.


Whenever you decide on those things, you are going to send it to the exchange and then wait for it to confirm on the exchange site. Then when the fund is confirmed, you will then sell the crypto to fiat currency. Then when finally have your crypto turned into fiat currency, then you can finally request a withdrawal into your bank account. At this point, you waited for another two to three days for approval and the withdrawal to clear. When it finally hit your bank account, then you can now pay whatever bills it is you want to and have to wait more days for that to happen too. It is great because it is only 23 steps, six middlemen, and one to two weeks before you can use your own money. But with Spritz, it is very easy and the first you need to do is to go to Spritz and sign up for an account. Once you are approved for this and you connect one of your bills.

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