Hardware Wallet Bitkey Integrates MoonPay’s Bitcoin On-ramp

Bitkey wallet users can now fund Bitcoin purchases using MoonPay’s payment options.

Astronaut chasing a digital Bitcoin moon rock in space.
Created by Kornelija Poderskytė from DailyCoin
  • Bitkey has integrated with a new Bitcoin on-ramp.
  • The hardware wallet has previous integrations with Coinbase and Cash App.
  • Bitkey said the new integration aimed to enhance access to Bitcoin.

Crypto hardware wallet Bitkey has integrated with fintech company MoonPay to offer users new ways of purchasing Bitcoin.

Created by Jack Dorsey’s company Block, Bitkey launched in December 2023 as a self-custody Bitcoin wallet rivaling existing manufacturers like Trezor and Ledger. The wallet has previous partnerships with Cash App and Coinbase Pay.

Bitkey’s Partnership with MoonPay

In a blog post dated July 16, Bitkey said its customers can fund their Bitcoin purchases using MoonPay’s popular payment options, such as credit and debit cards, bank transfers, Google Pay, and Apple Pay.

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Bitkey users in the United Kingdom and the EU (excluding Croatia, Hungary, and Iceland) can also leverage MoonPay to complete crypto purchases with a PayPal account.

“This makes transactions more accessible and convenient, catering to a global audience and extends the availability for Bitkey customers to purchase bitcoin to more territories,” the company said.

In addition to the partnership, Bitkey has “continuously shipped improvements” to its Bitcoin wallet experience and added new features, the blog post said.

These include fingerprint enrollment improvements to allow the use of multiple fingerprints to unlock the hardware wallet, biometric sign-ups, and “expected transaction” functionality to show the status of incoming transfers.

The development follows a July 12 announcement that Bitkey creator Block had partnered with Core Scientific. The tie-up will see the Bitcoin minder use Block’s new 3-nanometer ASIC mining chips.

Read about MoonPay’s initiative to drive crypto accessibility in the U.S.:
MoonPay Taps PayPal to Drive Crypto Accessibility in the U.S.

Stay updated on the controversial Bitcoin HODL tax:
Bitcoin HODL Tax: Relief for Miners or Diamond Hand Penalty?

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Brian Danga

Brian Danga is a crypto reporter at DailyCoin covering breaking news. Brian has minor holdings in Bitcoin and Ethereum.

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