Earnity, a new platform for cryptocurrency trading and education, is designed to make cryptocurrency investing simpler than ever before, according to Dan Schatt, the founder, and CEO of the platform’s operator, which is also called Earnity.
Earnity, a budding decentralized finance startup, features passionate financial technology veterans from across the world who jointly believe that managing cryptocurrency should be a lot easier. This vision of easy access and efficient crypto trade is why the company is offering a novel way of exchanging crypto, managing these digital assets, earning this currency, and discovering its latest developments in 2022, according to Schatt.
Crypto is taking center stage in today’s financial industry due to its convenient monetary uses. When it comes to their monetary applications, cryptocurrencies have capabilities that traditional currencies do not, such as bypassing the middleman (for instance, banks). In addition, they are relatively simple and quick to buy and sell at a moment’s notice. Those not interested in engaging in cryptocurrency transactions at the moment can hold these unconventional assets in their digital wallets.
Through the Earnity platform, users can learn about strategies for successfully investing in crypto, as well as which cryptocurrencies to focus on, according to Schatt. A particular currency’s value strongly depends on the currency’s supply. For instance, a limited supply will create scarcity, which will ultimately lead to a decline in value and inflation. Meanwhile, price growth is expected for a cryptocurrency with greater demand, Schatt said.
Dan Schatt has earned a reputation over the years for his financial tech expertise and payment innovations at companies such as PayPal. Schatt facilitated the company’s first partnerships with digital currency providers and its first cash offerings for unbanked and underbanked individuals. His team’s efforts also resulted in several hundred banking industry partnerships that leveraged the company’s open payment platform.