Mobile digital wallet

AstroPay now allows to trade cryptocurrencies

2022-02-01
United Kingdom
Reading time 1:15 min

AstroPay, which provides online payment solutions to the gaming industry and others, announced Tuesday it has launched its cryptocurrency offering, providing those who want to explore the world of digital assets the option to buy and sell cryptocurrency on its app and webapp. 

The offering is cost-effective as users can trade cryptocurrencies without paying any purchase, trading, transfer or maintenance fees. 

The digital wallet supports Bitcoins, Bitcoin Cash, Litecoins and Cardano, which can be acquired in local currency or American dollars. Astropay is the first digital wallet in Latin America to offer Cardano (ADA) blockchain tokens. 

To trade through this new product takes a simple process that can be done by users in the app or webapp. By choosing the trade option, the user will then follow a few steps to purchase cryptocurrencies through a wide range of local payment methods available in each country. 

With the cryptocurrency offering, AstroPay further expands its business to reach a wider range of users. The option is currently available in selected emerging markets and there are plans to roll it out further.

In an official press release, Mikael Lijtenstein, Astropay CEO, spoke about this new offering and said: "We are thrilled to launch our cryptocurrency offering that puts us at the forefront of international payment solutions. With this offering we want to serve younger users who are more inclined to trade cryptocurrencies as they are digital natives. AstroPay has been operating with cryptocurrencies for over two years and we decided that now is the right time to offer our users the option to trade these digital assets."

"The launch is testament to the business' commitment to continue supporting merchants and users by adopting the latest technological innovations. The cryptocurrency market's size has expanded exponentially since Bitcoin was launched a few years ago and we believe the sector is poised for further exponential growth, especially driven by the new Web 3.0", he concluded.

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