Fumbi brings a sharing economy solution for investing in cryptocurrencies to the general public.
Published: 13. 04. 2019 ·
Fumbi was created as a response to the vast potential of the cryptocurrency market but also to its risks and growing complexity. They are the first to bring a reliable and legally sound solution for investing in cryptocurrencies for everybody.
Fumbi offers a dynamic portfolio of cryptocurrencies that are built to track the value of the whole crypto market. This comes with ease of investment via bank transfer, unbeatable security of offline generated wallets and safe legal framework of the European law.
Fumbi is not an ETF. Their clients are direct owners of the acquired cryptocurrencies. The process that recalculates and updates the portfolio of all clients is called the „Fumbi Algorithm“. It relies on sharing economy rather than a fund structure.
All cryptocurrencies are stored on offline generated paper wallets, which virtually eliminates the possibility of hacker attacks. Access to these wallets is secured on an institutional basis, so it does not depend on a particular person.
Since we launched Fumbi in January 2019 people are so very interested. We think it is not just about our service but also the fact that we are not an offshore fund. We are based in Slovakia, European Union, and we work fully under European legislation, which encourages greater trust in investors.
Fumbi currently has more than 800 registrations and average investment around 1300€. Becoming a Fumbi member is an easy and quick process. All you need is to fill up the registration and once confirmed, you can make a deposit. Minimal investment is 50€.
There are other companies offering similar investment strategy but they are usually unregulated offshore funds. Such funds are directly contradicting law in almost every country and potential enforcement of claims would be very difficult (read: impossible). Therefore Fumbi is a much safer alternative.
Fumbi offers a dynamic portfolio of cryptocurrencies that is built to track the value of the whole crypto market. The process that recalculates and updates the portfolio of all clients is called the „Fumbi Algorithm“. It relies on sharing economy rather than a fund structure.