European payment processor Cashila has announced the launch of ICONOMI – a platform to buy, sell and store ether, the cryptocurrency of the Ethereum project. It will enable experts as well as newcomers to make fast and simple purchases of the new cryptocurrency with a direct SEPA transfer.

Ether has shown rapid growth in the past couple of months. With market cap over $800 million (at the time of writing), Ether is currently the second most valuable form of cryptocurrency behind only bitcoin. Recognizing the lack of a comprehensible tool to start off in the Ether world, Cashila decided to build its own solution for people to buy Ether, enabling them to participate effortlessly in the new economy.

Developed and managed by Cashila, the platform is intended for those familiar with the cryptocurrency market and for investors who have a few or zero experience in this market. It aims to become a single point of entry for investments into cryptocurrencies. Cashila said that it will be adding additional coins going forward.

“For now ICONOMI is a platform, where you can easily deal with ether, with a vision to become a single point of entry for investing into the crypto space. In the future we will be adding various hand-picked cryptocurrencies - the ones we recognize to have a lot of potential and count as valid”, explains Tim Mitja Zagar, Cashila’s CEO. “ICONOMI is to become a place, where you come to see which cryptocurrencies you should look out for, in which to invest and where you keep them safe. If it’s on ICONOMI, it’s legit”.

Key features of ICONOMI include:

• User-friendly platform designed for anyone to use (cryptocurrency experts, investors or newcomers)
   
• Easy one-click buy and sell options
   
• Zero in-and-out cost on SEPA transfers from any bank account
   
• Convenient and safe online Ethereum Wallet
   
• Same day SEPA deposit and withdrawal processing 
   
• No verification for up to 1,000 EUR bank transfers

To get started with ICONOMI, users need to follow these simple steps:

• Open an account with ICONOMI
   
• Transfer funds: Make a wire transfer from a bank account to their ICONOMI account. Users can deposit funds to their ICONOMI account from all around the world
   
• Buy ether: Once euros are deposited to their ICONOMI account, users are set to make their first instant ether purchase
   
• Ether is securely stored in their Ethereum wallet and displayed in their dashboard

To celebrate the launch, ICONOMI is offering promotional fee-free period, meaning no fees will be applied to ETH trading. Also, users will be able to make free of charge bank deposits and withdrawals any working day.