MoneyGram Launches New Cryptocurrency Service - Coinleaks
Current Date:September 21, 2024

MoneyGram Launches New Cryptocurrency Service

Payment service provider MoneyGramannounced 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.

coinme Through its existing partnership with the company, the company will offer crypto trading and custody services to its clients. With the start of the new application, users firstly, Bitcoin ( BTC), Ethereum ( ETH) and Litecoin ( LTC) will be able to benefit from trading and custody services.

MoneyGram Chairman and CEO Alex HolmesRegarding the launch of the company service, the company said:

“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.