CryptoSimple: the app that facilitates investing in cryptocurrency and DeFi when you know nothing about it!

Bitcoin, Ethereum, Tether, Litecoin, Dash… Every day we hear about cryptocurrencies, record breaking, profitable investments in this sector. Just last week, M6 presented a thirty – year – old who earned 3 million thanks to Bitcoin, and has now gone to live in the Caribbean. Scenarios that make you dream without a doubt! But there are also many who have gone bankrupt. While the world of cryptocurrencies and decentralized finance offers many opportunities, however, it is necessary to understand how this new world works in order to make the right choices and the right investments. And that takes a long time. But that was before Simple Crypto: a new French service that lives up to its name perfectly, because its goal is to simplify investing in crypto!

“CryptoSimple raises the world of cryptocurrency in a way that is simple, secure and approved by financial authorities! You no longer need to know how to invest in high yielding assets. ”

François-Julien, Dorian, and Victor – founders of CryptoSimple

Crypto and DeFi: The Future of Finance

I have already talked about it at length in a previous article presented 5 much more interesting investment than the Livret A, on which I invite you to consult to find out how much your money is losing its value on your savings account or life insurance. Interest rates have certainly risen, “driving” for example the Livret A from 0.5 to 1%, but they do not yet cover theinflation 3.6%. In other words, your safe money loses its value faster than it gains. Shame on investments designed to increase our money!

That is why it is generally called decentralized finance Challenge, today is a real opportunity. You do not need to limit yourself to the presentation of crypto-currencies as it can be seen in programs or articles for the general public. Crypto-currencies are just the tip of the iceberg, as are our Euros for the banking system. The real revolution hidden behind cryptocurrencies is DeFi and Blockchain, which are undoubtedly the future of finance. If countries are starting to adopt certain cryptocurrencies as their national currency, some politicians get their salaries in Bitcoin, or large investment funds are buying cryptocurrencies en masse, it’s for nothing.

I have already presented solutions for you to easily earn up to 12% interest per year. It’s concrete, and relatively reliable placements. But it’s still almost ridiculous alongside other potential investments in DeFi. From 5 to 10% per month, see more, utopia is not in this area. Unfortunately, it is a world that many still obscure, and their twists and turns must be well known to avoid mistakes. Do you know what during liquidityor one fruit farming ? Their benefits, and risks? I think the majority will say no. Here are two of the many mechanisms that DeFi has, and that allow you to make very good profits.

But who has the time, desire or skills to engage in reading and analyzing the cryptocurrency market and knowing how to use exchange platforms to create relevant investment strategies? Not many people!

Ideally, you should be able to approach financial experts who are solid and credible, as is the case with traditional investments. But as this sector continues to evolve, there is a significant lack of reliable services available to traditional users and investors in the cryptocurrency industry.

Users want an experience that is as volatile and qualitative as its traditional banking application. However, at present, they face a steep learning curve and a number of different types of “exchanges” or “wallets”…

CryptoSimple promises to be the solution to this problem: an application that makes crypto investment smart, understandable, cheap, secure, and above all tailored to your needs.

CryptoSimple: the first digital financial advisor that allows investing in cryptocurrency in a simple and secure way

Simple Crypto, we have a team of 12 weird and crypto experts with complementary skills (finance, law, blockchain, cybersecurity, design and user experience) who know perfectly the needs of the crypto market and have the cutting edge expertise to meet them.

It is no secret that the cryptocurrency sector today is still something obscure and complex. And while it’s easy for some, many still need guidance to invest in this cutting – edge industry lately.

So they created an application that facilitates investment, and is based on DeFi to maximize results.

CryptoSimple Invest provides access to crypto asset investment portfolios created by a team of experts in financial consulting and analysis around DeFi and crypto.

Concretely, how does this happen? The app guides each user through a quick process to understand their risk profile (conservative, moderate and aggressive) and their needs (buying a house, investing for their children, retirement).

She will then recommend an appropriate amount of investment and take care of all human transactions. And this with no minimum required!

Experts manage wallets and rebalancing technology limits risk-taking (rebalancing of cryptocurrencies that have overweight in the wallet automatically resells, repurchases other ones, to balance the risks ). Investments are made by direct debit (which the user can stop at any time) so that you no longer have to worry about anything. The profits made are then reinvested in a fully transparent manner. Through the application, we can clearly see how our investment is distributed:

In summary: we program the direct debits we need to program, and CryptoSimple manages the rest by itself to maximize this money. It’s hard to make it simpler!

By combining DeFi mechanisms, high productivity, compound interest, etc. the results can therefore be exponential. Over the past year, CryptoSimple achieved + 94% in the conservative profile, + 332% in the Balance profile, and + 617% excellent in the Growth profile! Of course, past results are not indicative of future results, and there is always a risk element. But this type of return can be fully achieved in DeFi.

But how is the company paid? No hidden fees or convoluted formula: CryptoSimple charges 1.3-1.7% annual fees on deposited amounts (monthly bill), depending on what is involved, which is still very reasonable. There are no charges for deposits, withdrawals or transactions.

CryptoSimple and Security

We are always reluctant to entrust our money to a company, and it is normal to want to be sure.

First of all, CryptoSimple is a French company, based in Marseille, and not an obscure company located in a tax haven 😉

Then behind CryptoSimple, a deposit financial institution that fully complies with French and European regulations, which offers 360 ° security: regulated as PSAN (Digital Asset Service Provider) by the AMF (Financial Markets Authority), CryptoSimple is one of the first applications used by DeFi to regulate worldwide.

It also offers every possible way to get the experience as far as possible:

At ease?

Taxation

In terms of taxation, we are in the realm of digital assets, whose capital gains are subject to the 30% flat tax. Capital gains only, only when converting euro. This is also an issue that we have often addressed.

But CryptoSimple also provides customer support for withdrawal-related tax declarations, which will be a great help without making mistakes.

Conclusion

I will not hide from you, CryptoSimple is a service that made me very happy when I discovered it! I’ve been immersed in the world of crypto for a few years now, and if I’m used to liquidity pools, fruit farming, and others, CryptoSimple’s ease of operation really appealed to me. After all, you can enjoy driving a nice car without being a mechanic, right? Well, you can easily earn money without being aware of anything, and spend your time doing something else 🙂 Let the professionals who know how best to do in their field . I can’t wait to really use the service! Because CryptoSimple should be officially launched in the coming weeks. In the meantime, you simply can register on the site, which will give you 3 months free. It’s to be tested in real life of course, but CryptoSimple will no doubt replace some of my current investments 😉