Exodus now permits prospects to purchase and promote cryptocurrency instantly inside the Exodus Mobile pockets, without having for third-party exchanges.
This functionality is enabled by the corporate’s new XO Pay service, which was developed by Exodus and is powered by Coinme’s crypto-as-a-service software programming interface (API) platform, Exodus stated in a Tuesday (Might 27) press release.
XO Pay is accessible to prospects throughout america, besides New York and Vermont, in accordance to the discharge.
The service helps Bitcoin, Ethereum, Dogecoin, Polygon, Litecoin, Chainlink, Stellar and USD Coin, the discharge stated. It permits prospects to make purchases utilizing Visa or Mastercard debit playing cards, Apple Pay or Google Pay.
“By integrating the buying course of instantly into our cell pockets, we’re eradicating boundaries and simplifying the journey from fiat to crypto, and again,” Exodus Co-founder and CEO JP Richardson stated within the launch.
Customers of the Exodus Mobile app can provoke a purchase order by tapping a “Purchase & Promote” icon, deciding on their desired cryptocurrency and buy quantity, selecting XO Pay as their supplier, and finishing the verification course of by means of which the platform will information them, in accordance to the discharge.
Clients can full purchases in underneath 60 seconds and get assist from Exodus’ customer support crew when wanted, per the discharge.
“Exodus’ revolutionary integration of Coinme’s APIs delivers the seamless in-app buy stream customers count on whereas conserving them in full management of their property,” Coinme CEO and Co-founder Neil Bergquist stated within the launch.
Exodus reported in a Might 12 earnings release that through the first quarter, it had 1.6 million month-to-month energetic customers, 1.8 million quarterly funded customers, and $2.18 billion in trade supplier processed quantity.
“Exodus continues to provide revolutionary options that capitalize on the rising marketplace for digital property,” Richardson stated on the time in a press launch.
On Feb. 20, the corporate introduced the combination of Venmo as a payment method, saying this permits Venmo customers to purchase cryptocurrency by means of their Venmo accounts through the Exodus Mobile pockets.
Coinme introduced in Might 2024 that its cryptocurrency cash exchange had surpassed $1 billion in retail gross sales, 10 years after launching its first licensed bitcoin ATM.
