This announcement was published on IOTA’s Medium page a few minutes ago and also shared with the teeming IOTA community members on Twitter.
Trinity users can now buy #IOTA directly from the wallet through #MoonPay! Learn about this integration and how you can easily purchase IOTA Tokens: https://t.co/mCVwGjEwWl@MoonPayHQ #Trinity pic.twitter.com/26u8EiGaIt
— IOTA (@iotatoken) December 18, 2019
The Detailed Update
According to the piece of information made available by IOTA Foundation, the team behind the cryptographic project works very zealously to expand the reach of the digital token IOTA.
The team looks forward to improving the way the general public and organizations engage with IOTA ecosystem. This is more like expanding the reach of IOTA’s financial infrastructure by enabling a host of people to participate in the constant use of the IOTA Token
And getting it functioning on the most needed media for expansion like MoonPay is one of the steps in the right direction.
To make the information clearer, IOTA News on Twitter also stressed the opportunity opened to Trinity users in a more elaborate way.
IOTA News shared thus, “Trinity users that wish to buy IOTA directly from the wallet will have the ability to do so with MoonPay, a FIAT/IOTA onramp. No KYC is required for purchases below €150! MoonPay is currently available to members of Europe & Asia, and should be available for US residents soon.”
Trinity users that wish to buy #IOTA directly from the wallet will have the ability to do so with #MoonPay, a FIAT/IOTA onramp. No KYC is required for purchases below €150! MoonPay is currently available to members of Europe & Asia, and should be available for US residents soon. pic.twitter.com/yezKfMtkIk
— IOTA News (@iotatokennews) December 18, 2019
Reasons Why This is Important for the IOTA Ecosystem
The IOTA ecosystem sees this as an important step to enhance necessary growth and development in the IOTA ecosystem. The fact that this new development offers IOTA users FIAT/IOTA onramp makes it important and special.
Also, this creates a seamless user experience for buying the digital token IOTA. Since MoonPay is not a specialized cryptocurrency trading platform, it will open the users that are non-traders to test, explore and acquire the IOTA Tokens anytime in the future without the need for going through crypto exchanges. Conclusively, this is a big step in increasing the usability of the Trinity wallet
How Trinity Users Can Leverage MoonPay
According to the update, the users on trinity that are interested in buying IOTA directly from the wallet are now enabled to do so via IOTA’s integration with MoonPay, “a FIAT/IOTA onramp that enables purchasing directly from the wallet.”