Here’s another move towards the mass adoption of crypto. Now, it’s getting easier with each passing day to purchase crypto, and you don’t have to be some kind of geek to do this.
Telegram users can get crypto with fiat
The latest move that has been made in the crypto space that allows people to get crypto involves Telegram.
From now on, Telegram users can purchase digital coins against the US dollar via a crypto wallet that’s called the Button Wallet.
This is a messenger based platform that has been developed back in 2018 and it’s used for sending payments. This wallet has recently revealed that it has been integrated into Telegram messenger.
The wallet reportedly has more than 100k registered users and 2,000 existing ones.
Button Wallet COO Rachael McCrary told Coindesk the following:
“For mass-market adoption of decentralized banking, you need more people. You need to make it easier for people to buy in.”
McCrary added that “We definitely believe in empowering people to control their own finances in any way they want. We’re just a software company giving people another option.”
Excited to announce you can now buy #Cryptocurency with #fiat within https://t.co/pdjMzrG7kD if you are a US user (more countries coming soon). #blockchain #fintech #bitcoin https://t.co/7dacw50xBA
— BUTTON Wallet (@ButtonWallet) May 29, 2019
A push in crypto use cases
The Button Wallet is pushing a wide range of crypto use cases by providing a crypto-to-fiat feature in a messaging platform that is one of the most popular ones in the world, as you already know.
This is possible due to a partnership of the Button Wallet with payment processor Wyre.
Coinspeaker revealed that the Button Wallet allows the buying of BTC, ETH, and DAI against the USD. More digital currencies will also be added rather sooner than later.
A lot of moves have been made in the crypto space that are supporting the mass adoption of digital currencies.
Microsoft added Bitcoin as a currency option in Excel. And needless to highlight how many individuals, companies, and organizations in the whole world are using Microsoft’s Office.
