Jack Dorsey’s Bitcoin wallet Bitkey partners MoonPay | Headlines | News | CoinMarketCap
07/16/2024 22:57Bitkey and MoonPay are teaming up to simplify Bitcoin purchases using traditional web2 channels. Block, Jack Dorsey’s fintech startup, and …
Bitkey and MoonPay are teaming up to simplify Bitcoin purchases using traditional web2 channels.
Block, Jack Dorsey’s fintech startup, and payment provider MoonPay have teamed up to enable easier Bitcoin (BTC) purchases via traditional methods such as bank cards, Google Pay, PayPal, and more.
On Tuesday, both entities announced that Block’s BTC hardware wallet Bitkey will onboard MoonPay infrastructure to unlock this feature for financial participants. MoonPay’s existing KYC-registered user base with stored payment methods will facilitate smoother fiat-to-crypto onramps. Later this year, Bitkey plans to launch “MoonPay sell,” enabling crypto-to-fiat conversions.
“These partnerships are not just about expanding Bitkey’s capabilities; they represent a commitment to growing the …