The British company TransferGo became the “world’s first” money transfer service to offer its users the ability to buy and sell cryptocurrency. Through the app I make an international clients of the service became available bitcoin Cash Bitcoin, Ethereum, Litecoin and XRP, reports Finextra.
“Cryptocurrency trading platform was launched in response to the demand from our users. During the first few hours [of its work], the number of new registrations is greater than 4000, and as we can see, the market has a strong demand for a simple and reliable solution for your investment and trading”, — said the founder and CEO of TransferGo Daumantas Drinkas.
New option buying and selling cryptocurrencies available through mobile apps TransferGo for Android and iOS, while the procedure KYC/AML remained the same as for money transfer service.
Company TransferGo was founded in 2012 and is based in London. Its user base has more than 650 thousand people, and the aggregate amount of realized cash flows have exceeded $1 billion, As stated by TransferGo, its unique proposition is that it is the only pan-European company, which ensures delivery of funds to the recipient within 30 minutes after sending.
We will remind, earlier in July, the British FINTECH-startup Revolut announced the creation of a trading platform for residents of the European Union on the example of American application to trade stocks and cryptocurrencies Robinhood.