This is our favorite new tool in a while, one I actually plan on using for the foreseeable future because it's making life easier. The end result will be the same, but now I can get there with less steps and a lot faster.
It's called Spritz and they've built what they call "the bridge between DeFi and traditional finance (TriFi)".
Plenty of projects claim they are the 'solution' to some problem - but we consider Spritz an actual solution, for the simple fact that they're capable paying literally every type of bill the average person could have - credit card bills, cell phone, cable tv, utility, mortgage payments, car payments, student loans... you get the idea!
Right Now They'll pay $50 Towards Any Bill You Want!
The platform just opened up for Beta testing for people in the United States!
It Was Actually a FASTER Way To Pay Bills Online..
Instead of jumping around to multiple websites, having to log in each time, you link your accounts here once, and you now have just 1 platform able to handle all of your monthly bills.
The Actual Payment Process...
Was as simple as making a trade on any DEX (Decentralized exchange like Uniswap or PancakeSwap).
It works with all the top wallets like Metamask, Coinbase Wallet, Trust Wallet, Ledger and more.
But most impressive was their 'use any coin' policy...
You can then pay your bills with any tradable coin from 5 blockchains of your choice - Ethereum, Polygon, Avalanche, Arbitrum, Optimism, and BNB Chain! They plan to add even more blockchain networks soon.
Obviously, it can't be a coin with a $2 daily volume, but if they can trade it, you can probably pay your bills with it.
"Any bill. Any token. Any wallet. It's that simple."
That's it, you just hit send and the rest is handled by them! Real world financial utility from your crypto, without selling coins at the end of the month for Fiat currency, then hoping the bank transfer shows up before they're late.
Use Spritz as the gateway between your bank and DeFi!
Now you can skip transfering coins to a major exchange when you do need funds in your bank account. Spritz can function as an off-ramp, sending fiat currency to your bank account following a single transaction from you.
Who is Behind Spritz, and Can We Trust Them?
First, it's important to note they state they will never ask for your private keys - this also means there isn't a security risk from you simply using the platform for transfers, they will only be allowed to access coins you specifically approved for them to use.
The site was developed by the team behind QuickSwap, for those unfamiliar, it's a decentralized exchange that launched a couple years ago. They became popular fairly fast, and currently even in this bear market process over $10 million in daily trades.
So if this sounds useful to you, make sure to use this invite link to claim a $50 Credit once you make payment of $50 or more towards any of your bills!
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Author: Justin Derbek
New York News Desk
Breaking Crypto News