Trastra aims to offer personal blockchain-based banking. Find out how it works today in our review.
What Is Trastra?
Trastra, found online at Trastra.com, is a blockchain-based bank that aims to replicate the services of a traditional bank – but at lower costs and with support for Bitcoin, Ethereum, and other cryptocurrencies.
Some of the core features of Trastra include the ability to buy cryptocurrencies using bank transfers at market rates. You can also order a Trastra payment card and top it up with a bank transfer. Plus, Trastra offers SEPA payments in EUR to 26 countries. And you can order an IBAN account.
Trastra is based in London, UK with an office in Prague, Czech Republic. The company has partnered with BitGo, Kraken, and Bitstamp.
How Does Trastra IBAN Bitcoin & Ethereum Blockchain Work?
Trastra links digital money with traditional finances, making it easier to buy and sell cryptocurrencies with bank transfers.
Trastra also lets you create Bitcoin and Ethereum wallets directly on the platform. You can use those wallets just like any cryptocurrency wallets – you can send, receive, and store your cryptocurrency using the wallet.
Wallets are free and come with multi-signature support, two factor authentication, and other features you’d expect in a good wallet.
Or, sign up for a Trastra IBAN account that lets you make bank transfers. Your IBAN account can be used to buy and sell cryptocurrency and to secure your money against cryptocurrency price fluctuations.
In the future, Trastra plans to launch its own payment card. You’ll be able to top up your Trastra payment card using bank transfers. You’ll also be able to link your Trastra payment card to your Bitcoin or Ethereum wallet, which means you can easily spend funds in the real world directly from your Bitcoin or Ethereum wallet. You can withdraw funds from an ATM or make online purchases – just like an ordinary debit or credit card.
Trastra offers plastic and virtual cards in EUR, GBP, and USD. You can spend your money anywhere without fees. Delivery is available throughout Europe. Trastra’s card can also link to PayPAl.
You can access all of these features through the Trastra web app. Access your BTC and ETH wallets and IBAN account online from any browser. The easy-to-use interface can be used to quickly buy or sell cryptocurrencies or perform a bank transfer.
Some of the core features of Trastra include:
- Bitcoin and Ethereum wallets that let you send, receive, and store your cryptocurrency
- Wallets have two factor authentication and multi-signature support
- Use your IBAN account to make bank transfers, to buy/sell cryptocurrencies, and to secure your money against price fluctuations (i.e. transfer from crypto to fiat or vice versa based on market movements)
- SEPA payments supported in EUR to 26 countries
- Trastra payment card linked to your bitcoin or Ethereum wallet
- Top up your Trastra payment card with bank transfers
- Use your Trastra payment card to withdraw funds in any ATM or to make any online purchase
- Plastic and virtual cards available in EUR, GBP, and USD for payments online and offline without fees
- The Trastra payment card can also link to PayPal
- Access everything through the simple Trastra web app
- Advanced security, including multi-sig, 2FA, and SSL encryption
- Instant help available by email and chat (8/5 availability)
Trastra Banking & Card Fees
The only listed Trastra fee is a 1% fee when buying cryptocurrency online.
You only pay the blockchain fee for cryptocurrency transactions.
The Trastra payment card is launching in the future. We assume there will be certain fees attached to the card. However, they have not yet been disclosed.
Overall, Trastra emphasizes fair prices with no hidden fees.
Who’s Behind Trastra?
Trastra Limited is a London, UK-based company that offers banking services on the blockchain. The company also has an office in Prague, Czech Republic.
Trastra was founded by Roman Potemkin (CEO), a Czech entrepreneur who launched the company in August 2017. Potemkin is also the founder and CEO of UPUP, which consists of two companion apps for kids and parents, allowing kids to conveniently receive an allowance from their parents. Prior to running UPUP and Trastra, Potemkin was CEO and co-founder of Instabank from August 2012 to February 2016. Instabank was a full-featured bank available on any phone.
Trastra offers personal blockchain banking, linking your digital money with your traditional finances. You can add Ethereum and Bitcoin wallets to your Trastra account, then make bank transfers using your ordinary bank account.
Trastra is also preparing to launch a plastic and virtual card in the future. You’ll be able to top up that card with your Bitcoin or Ethereum balance, then spend your cryptocurrencies in the real world.
To learn more about Trastra, or to sign up for an account today, visit online at Trastra.com.