A digital remittance firm in London, TransferGo recently announced that it is rolling out a feature related to crypto trading. This new feature will allow traders to sell and buy topmost five virtual currencies including Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), Ripple (XRP), and Ethereum (ETH) directly using TransferGo app.
TransferGo aiming to provide familiar environment for investment
TransferGo currently has a user base of 650,000 with a year over year growth rate of 100% and revenue flow of more than $1billion. The remittance solution provider will make this feature available in both the iOS and Android version of the app. The normal remittance services policies like KYC and AML will be applicable to this process. According to the CEO and Founder of TransferGo, Daumantas Dvilinskas, “We’ve launched this cryptocurrency trading facility in response to demand from our user base. With over 4,000 users signing up in the first few hours, we can see there is a strong demand in the market for a simple and reliable investment and trading solution.”
As per the report, the company aims to offer a familiar environment for investing in cryptocurrencies to the customers. Two years from its launch in 2012, TransferGo added a real-time payment alternative, TransferGo NOW. With this service, the firm made sure that the customers are empowered with instant purchasing authority and can lead to a real-time settlement in 30 minutes or less.
TransferGo making changes to serve customers better
Dvilinskas stated that the high speed made possible by TransferGo NOW is of high importance in the international sphere of money transfers. According to him, the firm has already noticed a rapid rise in the use of different mobile devices and now the mobile phones even have surpassed the usage of the desktop. That is why the firm decided to take the revolutionary decision of launching real-time money transfers for both mobile and desktop users so that the company can serve its customer better.
The CEO of TransferGo further added that the company has a long-term outlook for crypto and hence as a platform the company wants to provide a very user-friendly and easy way for the consumers to access the cryptocurrencies.