BitPay, a prominent blockchain-based payment platform, has recently announced its new partnership. As per the platform it is joining MoonPay, a well-known platform for convenient and rapid crypto trading, to improve the sale of cryptocurrencies. The company took to its account on the social media platform X to disclose this partnership.
Exciting News! We’re teaming up with @moonpay to bring you a better way to sell your #crypto.Starting today, sell #BTC and other cryptocurrencies in the BitPay app. It’s fast, secure, and easy.Download the free #BitPay app to get started: https://t.co/8xh867IRT7 #MoonPay pic.twitter.com/UvdC1dqB12
— BitPay (@BitPay) May 7, 2024
BitPay and MoonPay Partner Up to Improve the Sale of Crypto Assets
BitPay noted in its recent post that the latest endeavor would be beneficial for selling crypto assets on its app. It added that the collaboration with MoonPay will provide convenience, security, as well as speed for crypto trading. In addition to this, the collaboration also provides significant attention to streamline the user experience. In this way, consumers will potentially find it more convenient to send crypto assets to debit cards or bank accounts.
The joint endeavor of the Web3 fintech platform MoonPay and BitPay will facilitate simplified cryptocurrency transfers. MoonPay also commented on this initiative on X. In its post, the company noted that the partnership with BitPay intends to enable easier and quicker crypto sales. It added that the clients will get the freedom to even transact crypto to their respective debit cards or bank accounts.
Back in January this year, BitPay reportedly incorporated support for several crypto assets. These crypto tokens took into account BNB, Chainlink, Uniswap, and so on. The reports pointed out that the purpose of offering that support was to provide benefits to the clients. With this endeavor, the clients would be able to utilize the digital assets for several purposes. The use cases of the respective crypto assets included the payment of bills and goods.
The Collaboration Improves Security, Speed, and User Control over the Crypto Assets
While discussing this development, BitPay mentioned that consumers can now have complete control of their portfolios. Keeping that in view, they can decrease their crypto exposure when needed by selling a part of their portfolio. Moreover, the platform added that clients can feel free to sell their crypto holdings when in need of cash.
To sell crypto assets, the users just need to begin selling their crypto assets on its app in 3 steps. Initially, they need to choose crypto and its amount for selling. Following that, they require selecting a payout method. At last, they can accomplish their transfer and get cash with optimal rate and swift speed.
