TL;DR
- Bitkey has integrated MoonPay as a strategic partner for Bitcoin acquisition, enabling users to fund purchases using various payment options.
- The partnership aims to meet the growing demand for accessibility and convenience in the crypto market, expanding available options in the UK and EU.
- The company has enhanced its Bitcoin wallet with innovative features such as the ability to register multiple fingerprints, biometric enrollment, and an “expected transactions” function.
Bitkey, the renowned hardware wallet for cryptocurrencies, has integrated MoonPay as its new strategic partner for Bitcoin acquisition. This allows wallet users to fund their cryptocurrency purchases using various payment options facilitated by MoonPay, including credit cards, debit cards, bank transfers, Google Pay, and Apple Pay.
The decision to partner with MoonPay responds to the increasing demand for accessibility and convenience in the crypto market. The wallet will expand options available to users in the UK and EU, excluding Croatia, Hungary, and Iceland. Additionally, it will introduce the ability to use PayPal for Bitcoin purchases, facilitating access to the leading cryptocurrency.
Bitkey now lets you buy bitcoin your way with @moonpay.
MoonPay offers a quick and straightforward way to buy bitcoin using any major payment method, including PayPal, Apple Pay, and Google Pay—and it’s now available in the Bitkey app.https://t.co/G8Ib2UeJvx pic.twitter.com/5g6TT8sNFG
— Bitkey (@BitkeyOfficial) July 16, 2024
In addition to facilitating new purchasing avenues, Bitkey has diligently worked on its Bitcoin wallet, adding innovative features. Enhancements include the capability to enroll multiple fingerprints to unlock the device, biometric registration, and a function displaying the status of incoming transfers, known as “expected transactions.”
Bitkey Gears Up to Challenge Industry Giants
Since its launch in December 2023, Bitkey has competed with established manufacturers like Trezor and Ledger in the self-custody hardware wallet market. Through its new partnership, it will strengthen its position and continue improving user experience, accessibility, and self-management of Bitcoin and other cryptocurrencies.
Furthermore, Bitkey has announced a collaboration with Core Scientific to leverage Block’s new 3-nanometer ASIC mining chips. The goal is to optimize Bitcoin mining capabilities.
Bitkey has introduced compelling updates for users interested in self-custody of Bitcoin, providing more purchasing options and enhancing its wallet’s functionality. With these initiatives, it positions itself as a robust competitor in the hardware wallet market.
