Venmo users can now buy crypto directly through Exodus wallet
Exodus has expanded its cryptocurrency purchase options by integrating VenMo as a payment method via a partnership with Moonpay.
This decision allows more than 60 million VENMO users to buy digital assets directly in the Exodus mobile portfolio, rationalizing access to cryptocurrencies.
The functionality, now available for American users, allows purchases via the Moonpay payment interface. Venmo joins the existing exodus payment methods, which include debit and credit cards, Paypal, Apple Pay, Google Pay and bank transfers, according to a shared note with Crypto.News.
“By integrating Venmo via Moonpay, we make cryptocurrency more accessible to tens of millions of Americans who know, already trust and use Venmo for their daily transactions,” said Kevin Wood, Director of income operations at Exodus .
Exodus, an auto-cartodial portfolio supplier, continues to extend payment options to simplify the property of digital assets.
Venmo and Moonpay Partnership
In October 2024, Venmo in partnership With Moonpay to allow its 60 million American users to buy cryptocurrencies directly using their Veno sales. The functionality was deployed on the Moonpay partner network, with plans to extend to more platforms.
With this integration, VenMo users can buy cryptocurrencies without binding external bank accounts, simplifying the process. The partnership is aligned with the Paypal and VenMo cryptography adoption strategy, which previously introduced features such as crypto transfers between VenMo users.
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