#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 All Episodes can be found at www.thecryptopodcast.org   All about Roy / Brain Gym & Virtual Assistants at 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/⁠     🤝 Join our Crypto Podcast Community ✦ Website: http://thecryptopodcast.org/ ✦ YouTube: / https://www.youtube.com/@roycoughlan ✦Instagram:https://www.instagram.com/thecryptopodcast/ ✦Facebook:https://www.facebook.com/thecryptopodcast/ ✦ TikTok: / https://www.tiktok.com/@roycoughlanpodcaster     #realestatetokens #digitalfreedom #freedom #cryptoyield #wellspring