New World's multi-chain wallet, New Wallet, has now launched a groundbreaking distributed OTC (Over-The-Counter) feature. This innovative OTC service requires no KYC/AML and eliminates the need for the traditional T+N waiting period post-transaction. Simultaneously, the New World system has implemented a robust anti-fraud and anti-money laundering system. This system works in collaboration with various law enforcement agencies worldwide, meticulously filtering every transaction to ensure the security and legality of fund sources. Moreover, the new distributed OTC feature boasts an exceptionally low transaction fee of just 0.1%.
Currently, in its initial phase, this OTC feature supports both the Chinese Yuan and Malaysian Ringgit. As New World’s payment system evolves and partnerships with more payment processors and banks are established, it will expand to support global fiat currency exchanges. The launch of this state-of-the-art OTC feature marks the first step towards New World's vision of a comprehensive payment ecosystem.
Get New Wallet now:
Website: https://newwallet.webflow.io/
Android: https://play.google.com/store/apps/details?id=com.purse.dev.newfi&pli=1
