Crypties receives a CHF 20'000 digital grant

Buying cryptocurrencies at your newsdealer’s: the service offered by Crypties

Whether online or offline, acquiring cryptocurrencies is complicated and not easily accessible. Crypties wants to bring back trust by providing a physical distribution of cryptocurrencies: credits of CHF 50, 100 or 250 available in kiosks. These could be as easily bought as phone credit. On Crypties’ website, the credit can then be turned into the chosen cryptocurrency. The first amount of cryptocurrency is then available in the user’s crypto-wallet.

Founded by EPFL master's students, Crypties’ team is currently conducting tests with some kiosks in view of expanding to more points of sales – 800 kiosks in total. The startup project targets all people who want to acquire cryptocurrency without complications and, to begin with, the Swiss market. The FIT Digital Grant of CHF 20’000 will allow Crypties to pay the costs of marketing and development.