Key Takeaways
- Exodus has built-in Venmo as a fee methodology, permitting over 60 million customers to buy crypto straight by means of the Exodus Cellular pockets app.
- This integration expands Exodus’s fee choices and enhances crypto accessibility for Venmo customers.
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Self-custody crypto pockets Exodus has built-in Venmo as a fee methodology by means of its partnership with MoonPay. The transfer opens the door for over 60 million month-to-month lively Venmo customers to seamlessly buy digital belongings straight by means of the Exodus Cellular pockets app.
In line with Exodus, US prospects can now purchase crypto belongings utilizing their Venmo accounts by way of MoonPay’s safe checkout interface inside the Exodus app.
The combination leverages the familiarity and ease of use of the Venmo platform, a well-liked peer-to-peer fee app owned by PayPal. It enhances Exodus’s present suite of fee choices, which incorporates debit and bank cards, PayPal, Apple Pay, Google Pay, and financial institution transfers.
“By integrating Venmo by means of MoonPay, we’re making cryptocurrency extra accessible to tens of tens of millions of Individuals who already know, belief, and use Venmo for his or her every day transactions. This partnership represents one other step in our mission to empower people within the digital financial system,” mentioned Kevin Wooden, Director of Income Operations at Exodus.
The partnership comes because the crypto business seeks to broaden its attraction past early adopters. By simplifying the on-ramp course of, Exodus and MoonPay hope to draw a wider viewers to digital asset possession. The combination positions Exodus to faucet into a big and engaged person base.
Ivan Soto-Wright, CEO and co-founder of MoonPay, mentioned:
“MoonPay is thrilled to convey Venmo as a fee methodology to Exodus’s tens of millions of customers. Venmo revolutionized on-line funds, and now Exodus customers can leverage that very same ease when shopping for crypto. This integration enhances accessibility, offering a quick, acquainted, and frictionless approach for customers to fund their wallets straight from Venmo.”
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