#108 With Wellspring Your Money Never Leaves your Wallet - Andrey Chabanov

Andrey Chabanov is a fintech founder behind multiple startups including Trustek and RampMeDaddy
 
#crypto #blockchain #AndreyChabanov

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https://roycoughlan.com/
 
About my Guest Andrey ChabanovAndrey Chabanov is a fintech founder behind multiple startups including Trustek and RampMeDaddy,focused on bridging traditional finance and DeFi. He’s currently building Wellspring, a high-yield alternative to traditional savings accounts offering up to 12% APY through DeFi. With deep experience in crypto infrastructure, regulation, and scaling, Andrey offers raw, insightful takes on building in Web3 and the future of money. He was also an early team member at iTrustCapital, the first and largest crypto IRA provider.

What we Discussed:
 
00:25 Who is Andrey Chabanov

01:50 From Banking to Blockchain

09:50 Winning a Hackaton

10:30 WellSpring and what they do

12:15 Which Countries can be used

13:20 Hard making Payments from some banks

15:40 Backed by Stella Foundation & Others

17:00 Savings losing Buying Power

18:10 Your Money in the Banks is not 100% Guaranteed

21:00 Your Money in Your Custody

21:45 Legal Way to avoid Capital Gains Taxes

24:10 The Fees they Charge

25:00 Can People lose their Money

26:20 How they Prevent People Getting Hacked

28:30 Is there a Minimum Amount to Invest

29:35 How Is the Interest Calculated

35:20 Ponzi Schemes that lots of People lost funds

37:00 With Wellspring Your Money Never Leaves your Wallet

39:45 The Process getting Started

42:30 The Goal is to Get you to Transfer your Salary to the account

44:25 They want that your Grandmother would be able to use the system

46:00 IRA's are able to Hold Crypto
 
How to Contact Andrey Chabanov

https://wellspring.money
Code WS25

https://www.linkedin.com/in/achabanov/

https://x.com/chabalpha

https://trustek.io/

 
 
 
All about Roy / Brain Gym & Virtual Assistants at ⁠https://roycoughlan.com/⁠
 
 
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