Exodus (*60*) Venmo for crypto purchases, expanding access to over 60 million users
Key Takeaways
Exodus has built-in Venmo as a cost methodology, permitting over 60 million users to buy crypto straight by means of the Exodus Mobile pockets app.
This integration expands Exodus’s cost choices and enhances crypto accessibility for Venmo users.
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Self-custody crypto pockets Exodus has built-in Venmo as a cost methodology by means of its partnership with MoonPay. The transfer opens the door for over 60 million month-to-month lively Venmo users to seamlessly buy digital property straight by means of the Exodus Mobile pockets app.
According to Exodus, US clients can now purchase crypto property utilizing their Venmo accounts through MoonPay’s safe checkout interface inside the Exodus app.
The integration leverages the familiarity and ease of use of the Venmo platform, a preferred peer-to-peer cost app owned by PayPal. It enhances Exodus’s present suite of cost choices, which incorporates debit and bank cards, PayPal, Apple Pay, Google Pay, and financial institution transfers.
“By integrating Venmo through MoonPay, we’re making cryptocurrency more accessible to tens of millions of Americans who already know, trust, and use Venmo for their daily transactions. This partnership represents another step in our mission to empower individuals in the digital economy,” mentioned Kevin Wood, Director of Revenue Operations at Exodus.
The partnership comes because the crypto business seeks to broaden its enchantment past early adopters. By simplifying the on-ramp course of, Exodus and MoonPay hope to entice a wider viewers to digital asset possession. The integration 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 bring Venmo as a payment method to Exodus’s millions of users. Venmo revolutionized online payments, and now Exodus users can leverage that same ease when buying crypto. This integration enhances accessibility, providing a fast, familiar, and frictionless way for users to fund their wallets directly from Venmo.”
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