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MoonPay has launched its official app

MoonPay has launched its official app

The Miami-based cryptocurrency payments company MoonPay is broadening its product line with the launch of a retail-focused app.

The program, which has been tested since March with 15,000 early access customers, is now generally available on the Apple and Google app stores, according to a statement released this morning.

The program, which MoonPay anticipates will be in high demand considering that 55% of its clients have used three or more wallets for transactions, would allow users to manage several cryptocurrency wallets and hundreds of different tokens.

The app is yet another departure from MoonPay’s main line of business, which is to provide on- and off-ramp payment infrastructure to consumer-facing businesses involved in the bitcoin sector. MoonPay has been actively expanding its market share in the NFT space since the end of 2021. A concierge service for organizing pricey purchases and a platform that helps large businesses organize their own NFT drops are among the new goods.

Ivan Soto-Wright, co-founder and CEO of MoonPay, stated that the goal of the new app is “to provide our millions of customers with a new way to engage with their cryptocurrencies and digital assets and provide the foundation for our leading brand partners and creators to continue their adoption within the web3 ecosystem.”

At the moment, MoonPay works with approximately 500 partners, including wallets, exchanges, and commercial organizations.

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About MahKa

MahKa loves exploring the decentralized world. She writes about NFTs, the metaverse, Web3 and similar topics.

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