Thursday, February 25, 2021

Trinity Users Can Now Buy IOTA Token Directly Using MoonPay

There is a piece of good news for Trinity users wishing to buy the digital token IOTA directly from the wallet. Such users can now do that directly using MoonPay

This announcement was published on IOTA’s Medium page a few minutes ago and also shared with the teeming IOTA community members on Twitter.

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.”

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.”

Tobi Loba
Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to satisfy her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.

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