AstroPay launches a cryptocurrency offering
By Joy Dumasia
AstroPay, the online payment solution of choice of over five million users globally, has launched its cryptocurrency offering, giving those who want to explore the world of digital assets the option to buy and sell cryptocurrencies on its app and web app. The offering is cost-effective as users can trade cryptocurrencies without paying any purchase, trading, transfer or maintenance fees.
Mikael Lijtenstein, Astropay CEO, said: “We are thrilled to launch our cryptocurrency offering that puts us at the forefront of international payment solutions. With this offering, we want to serve younger users who are more inclined to trade cryptocurrencies as they are digital natives. AstroPay has been operating with cryptocurrencies for over two years, and we decided that now is the right time to offer our users the option to trade these digital assets.”
The digital wallet supports Bitcoins, Bitcoin Cash, Litecoins and Cardano, acquired in local currency or American dollars. The process is simple, and it can be done by users in the app or web app. The user needs to choose the trade option and follow a few easy steps to purchase cryptocurrencies through a wide range of local payment methods available in each country.
Lijtenstein continued: “The launch is testament to the business’ commitment to continue supporting merchants and users by adopting the latest technological innovations. The cryptocurrency market’s size has expanded exponentially since Bitcoin was launched a few years ago, and we believe the sector is poised for further exponential growth, especially driven by the new Web 3.0.”
Astropay is the first digital wallet in Latin America to offer Cardano (ADA) blockchain tokens. This cutting-edge offer maintains the spirit of continuing to innovate in the region. AstroPay is further expanding its business to reach a broader range of users with the cryptocurrency offering. The option is currently available in selected emerging markets, and there are plans to roll it out further.
IBSi Daily News Analysis
December 04, 2023
Saudi Arabian firms are likely to outsource cybersecurity by next year, study showsRead More
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage