Many crypto platforms limit the age of users to 18 years old. This prevents teens from entering the crypto market and investing their hard-earned cash. To overcome this limitation, Seattle-based startup Stack is building a gamified platform that allows teenagers to buy and hold crypto and learn about blockchain investing principles.
Stack
Cryptocurrency exchanges such as Coinbase and Robinhood do not allow users under the age of 18 to purchase crypto. However, UNest and Stack offer custodial accounts that allow parents to buy crypto for their children under 18 years of age and hold it until the child turns 18.
In addition, UNest offers an option called a UNest Plus membership, which allows parents to buy crypto with a custodial account and transfer the funds to their kids once they turn 18 and can buy cryptocurrency without parental supervision.
Stack is an app that uses gamification to teach teens about crypto and responsible investing habits. It also allows teens to buy and hodl seven popular cryptocurrencies, including Bitcoin, Ethereum, USD Coin, Cardano, Solana, Polygon, and Litecoin.
The platform uses gamification to teach teens about investing principles and portfolio management, as well as earn social and merchandising rewards for their responsible investment activity and watching educational videos. The company is currently in beta and has a waitlist for those interested in joining. Founded by Will Rush, Stack is targeting Gen Z and millennials with its crypto education app.
Also read: How to Buy Catgirl Crypto
Slack
Slack is a team chat app that’s gaining popularity as workgroups seek ways to collaborate more effectively. Today, the company is introducing an interface redesign that introduces folders for organizing conversations, a new navigation bar and other features meant to help users get around the service more easily. It’s a significant update for the company that will gradually roll out to desktop users over the next few weeks, and an updated version of the mobile app should follow shortly after.
The revamp is one of the most significant updates that Slack has made since it launched. Other major features include the ability to create folders for organizing conversation, a search function for finding conversations, files and other items, and new shortcuts that bring up extensions users have installed.
To make it easier for workers to organize their conversations, Slack is also introducing a new message compose field at the bottom of the screen that lets users write a message before choosing who to send it to. The new feature will allow for more efficient communication among teams, as well as simplifying workflows and reducing the need for workers to manually copy-paste messages between multiple people.
Another notable update is a redesigned sidebar that lets workers create “sections” that function like folders on their workspace. These sections are able to include chat channels and direct messages as well as third-party Slack extensions. The new features are a welcome addition to the app, which has long been plagued by cluttered sidebars that made it difficult for workers to find what they were looking for.
Coinbase
Coinbase is one of the largest crypto exchanges in the world. It has over a billion dollars worth of customer assets on its books, and offers services that include buying and selling crypto, transferring funds to other users, and providing an array of other useful features.
As the cryptocurrency space has taken a hit, Coinbase is taking measures to stabilize the company and to stay competitive. Its latest endeavor is a partnership with Mastercard that will allow its customers to buy non-fungible tokens, or NFTs, via their credit cards.
The company also unveiled a new slate of digital assets that are under review for possible support on its platform. The list includes Aave, Aragon, Arweave, Bancor, COMP, DigiByte, Horizen, Livepeer, NuCypher, Numeraire, KEEP Network, Origin Protocol, Ren, Render Network and Siacoin.
Despite the challenges facing the cryptocurrency industry, Coinbase remains confident in the medium term. Its CEO Brian Armstrong reassured investors last month that he expects to grow the company by a further 20% in 2022.
The company has a long history of innovation, including its newest product, the Coinbase SmartWallet. This is a secure and convenient way for users to pay for goods or services with their cryptocurrencies. It also lets them track their spending. It is a worthy contender to rival the top crypto wallets in the market. It is a great option for anyone looking to get started with cryptocurrencies.