A popular global payment platform is giving its customer base the option to buy and sell cryptocurrency.
TransferGo, which lets people send money in 47 countries including the US, China, Germany and the UK, says its users can now buy Bitcoin, Ethereum, XRP, Litecoin and Bitcoin Cash. The Founder and CEO of TransferGo Daumantas Dvilinskas told Bloomberg the company added the crypto features to its iOS and Android apps because of strong customer demand.
“The reason why we lauched crypto to the world is because our clients wanted it… With over 4,000 users signing up in the first few hours we can see there is a strong demand in the market for a simple and reliable investment and trading solution.”
At this point, users are not able to deposit and withdraw their crypto.
Founded in 2012, TransferGo says it now has 650,000 users worldwide, with at least 1,000 new customers signing up every day.
TransferGo is also a member of RippleNet, which is Ripple’s global network of banks and payment providers using the Interledger protocol to send cross-border payments.