Payment service provider MoneyGram has announced the launch of its cryptocurrency services.
As the use of cryptocurrencies increases, companies are also pursuing innovation. Many firms are investing in crypto services, both for the purpose of protecting and retaining their users. One of these companies was MoneyGram, which offers online payment services.
MoneyGram Expands Cryptocurrency Services
According to MoneyGram’s announcement, customers will now have access to crypto services with more than 120 currencies through the app.
Through its existing partnership with Coinme, the company will offer crypto trading and custody services to its clients. With the launch of the new application, users will first be able to take advantage of Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC) trading and custody service.
Alex Holmes, MoneyGram Chairman and CEO, said the following regarding the launch of the company service:
“As the next step in the evolution of MoneyGram, we are excited to provide our customers with access to securely buy, sell and hold cryptocurrencies.”
The company aims to open more cryptocurrencies for its customers in the future. The infrastructure to be provided by the API-focused crypto service provider Coinme will work integrated with the company’s licensed cryptocurrency exchange.
It seems that the increasing interest of consumers in digital currencies will lead us to similar studies in the future.
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