- Brazil’s largest digital funds app, PicPay, is about to allow its over 65 million customers to buy bitcoin on its platform.
- It’s unclear if customers will have the ability to withdraw their bitcoin.
- PicPay seeks to allow the usage of bitcoin as cost, not simply an funding.
Brazilian fintech app PicPay will launch an in-app cryptocurrency change permitting its over 65 million customers to commerce bitcoin and different cryptocurrencies as its first crypto product providing, in keeping with a blog post from the corporate.
“Our first novelty within the cryptocurrency market might be an change, which is a dealer for many who need to spend money on cryptocurrencies at PicPay,” stated Anderson Chamon, VP of expertise and merchandise of PicPay. “The person who desires to know the place to purchase cryptocurrencies will have the ability to do all the pieces via the app, with a quite simple, sensible and protected expertise.”