Flypto Partners with Fireblocks to Enhance Security, Reduce Fees, and Implement Real-Time AML Screening for Crypto Transactions

Flypto is pleased to announce its partnership with Fireblocks, a premier provider of secure digital asset operations. This collaboration enables Flypto to enhance the security, efficiency, and compliance of its crypto transactions, ensuring a safer and more cost-effective experience for its users.

By integrating Fireblocks' advanced technology, Flypto now offers significant improvements to transaction workflows, including enhanced security measures and real-time anti-money laundering (AML) and Know Your Transaction (KYT) screening.

Key Benefits of Flypto’s Partnership with Fireblocks:

• Real-Time AML/KYT Screening: Flypto utilizes Fireblocks’ real-time AML/KYT capabilities to prevent the acceptance of tainted coins or involvement in money laundering activities, adding a critical compliance layer for Flypto’s expanding customer base.
• Lower Network Fees: With Fireblocks, Flypto minimizes network costs, providing customers with some of the lowest fees on the market, making crypto transactions more accessible and affordable.
• Control Over Transaction Limits: Flypto gains complete control over transaction thresholds, allowing for flexible transaction limits tailored to the needs of customers and partners.
• Rapid Expansion of Supported Coins: The partnership allows Flypto to quickly add new cryptocurrencies based on the requirements of its referrers and users, ensuring agility and responsiveness to market demand.
• Enhanced Security: Fireblocks employs a multi-layer security approach, including Multi-Party Computation (MPC) technology, to protect digital assets. This ensures that transactions are secure for both merchants and customers, setting a new standard for secure digital transactions.

This partnership positions Flypto to lead in the crypto on-ramp and off-ramp market by offering an unparalleled balance of security, cost-efficiency, and compliance. Flypto customers and partners can expect seamless, trustworthy transactions, enabling Flypto to deliver crypto solutions that meet the highest standards of today’s digital economy.