Tangem, a decentralized self-custodial crypto wallet, has announced the integration of MoonPay’s onramps and offramps into its digital wallet infrastructure, enhancing the payment options available to its users. This collaboration is aimed at simplifying the process of funding accounts and facilitating transactions for Tangem customers.
MoonPay, based in Miami, specializes in providing services for buying and selling cryptocurrencies through traditional payment methods. Its onramps and offramps services allow users to convert fiat currencies into cryptocurrencies efficiently, enabling transactions with a variety of currencies including Euros and US dollars, and a range of conventional payment methods.
The integration of MoonPay into Tangem’s wallet network widens access to decentralized finance (DeFi) solutions for users. Customers can now leverage an array of payment options such as bank transfers, credit and debit cards, mobile and digital payments, and services like Apple Pay and Google Pay. This strategic addition provides users with a seamless way to purchase, sell, and trade crypto assets directly within the Tangem mobile application.
As a prominent platform in the crypto on-and-offramp segment, MoonPay connects users with decentralized liquidity platforms, effectively acting as a gateway into the DeFi ecosystem. With the on-and-offramp services embedded in the Tangem wallet, users can engage effortlessly with various DeFi offerings, eliminating the traditional barriers associated with transferring funds through exchanges or bridges.
The integration allows for greater flexibility, enabling Tangem customers to explore Web3 applications and networks without complications. They can use multiple payment methods including Apple Pay, credit and debit cards, and bank transfers to engage with the digital landscape seamlessly.
Founded in Switzerland in 2017, Tangem has gained recognition as a crypto cold wallet, facilitating the sending and utilization of cryptocurrency assets across various blockchain networks. As a result of this new partnership with MoonPay, Tangem users can now utilize cryptocurrencies for transactions at physical establishments such as shops and restaurants, further promoting decentralized peer-to-peer transfers without intermediaries.
This integration represents a significant milestone for Tangem, aligning with its vision of empowering individuals to make cryptocurrency payments anytime and anywhere, free from traditional obstacles.
