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BTC.com, Kraken partner to offer in-wallet bitcoin buying option

BTC.com, a bitcoin wallet that is owned by Chinese bitcoin company Bitmain Technologies, has entered into a partnership with cryptocurrency exchange Kraken in a move to provide an in-wallet buying feature, as reported by Coin Journal.

The announcement stated that bitcoin purchases will be handled by Kraken Direct that was formerly known as Glidera, that currently supports 49 U.S. states with funding via ACH bank transfer. Glidera was acquired by Kraken in December 2016.

Users using BTC.com wallet application on their mobile devices will have an access to ‘Buy’ option. BTC.com is planning to expand bitcoin purchasing option beyond the U.S., by the end of this year.

“Our users will be thrilled to know that they no longer need to leave our wallet to purchase bitcoin. Purchases can now be made directly in the BTC.com wallet. We are also delighted to partner with Kraken Direct, an industry leader with a highly professional service and team,” Alejandro De La Torre, BTC.com’s business development and marketing manager, stated, as reported by Coin Journal.

BTC.com provides multi-platform bitcoin wallet, API, block explorer as well as a mining pool. Bitmain Technologies, the parent company, is one of the leading bitcoin mining chip manufacturer that owns Antminer, Antpool, and Hashnest.

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