Categories: Blockchain

MoonPay Partners with BitPay to Streamline Crypto Transactions

The web3 fintech firm MoonPay and the crypto payments platform BitPay have partnered to facilitate easier crypto transactions.  According to a social media post from MoonPay, the partnerships aim to make selling crypto faster and easier and streamline how users send crypto to their bank account or debit card. 

“MoonPay’s goal is to build game-changing products and experiences that enable anyone to participate in the world of web3,” MoonPay CEO Ivan Soto-Wright told The Block. “Our Sell product has seen significant growth this year, offering a fast, flexible way to convert crypto to fiat via bank transfer or Push-to-Card transactions. We’re excited to introduce this functionality to the BitPay community and offer users a convenient way to transact.”

In January, BitPay added support for numerous cryptocurrencies, such as Uniswap, Chainlink and BNB, to help customers pay for goods and bills with digital assets, The Block previously reported. MoonPay also added PayPal services to augment crypto purchases and sales in the United States in early May.
Terron Gold

Recent Posts

Axie Infinity Migrates Ronin to Ethereum Layer 2 to Expand Gaming Network and Liquidity

Axie Infinity’s Ronin network is undergoing a major transformation as it transitions into an Ethereum Layer 2,…

6 minutes ago

Candy Digital Announces Migration to Solana as NFT Platform Repositions for Long Term Growth

NFT platform Candy Digital has announced plans to migrate its digital collectibles ecosystem to the Solana blockchain, signaling…

5 hours ago

US Military Runs Bitcoin Node for National Security Testing, Admiral Tells Congress

The U.S. military has confirmed it is actively running a Bitcoin node as part of national security research, while…

5 hours ago

Over 90% of Web3 Games Failed After $15 Billion Boom as Players Never Showed Up

The Web3 gaming sector is facing a harsh reality check as new data reveals that more…

7 hours ago

Justin Sun Sues Trump Linked World Liberty Financial Over Frozen Crypto Assets

Justin Sun, founder of TRON, has filed a federal lawsuit against World Liberty Financial, a crypto venture…

9 hours ago

Tether Freezes $344 Million in USDT on Tron After Wallets Flagged by U.S. Authorities

Tether has frozen approximately $344 million in USDT on the Tron blockchain after the wallets were flagged by U.S. authorities, marking…

9 hours ago