Giddy integrates Stripe to expand crypto purchase options

In a press release shared exclusively with crypto.news on Dec. 13, Giddy, a self-custody smart wallet that facilitates seamless access to decentralized finance (defi) earning opportunities, said it is integrating Stripe, a payment provider, for users to purchase coins directly from their mobile app. This deal also aims to enhance the user experience and expand crypto accessibility for a broader audience.

With Stripe’s payment gateway, encompassing bank transfers, cards, Apple Pay, and other supported methods, Giddy users now have several options for purchasing cryptocurrencies. Notably, this integration aligns with Giddy’s mission to make digital assets more accessible to individuals.
Giddy CEO Eric Parker said:

“Giddy’s integration with Stripe is a significant step forward in our efforts to make cryptocurrencies more accessible to everyone. Stripe’s user-friendly payment gateway simplifies the crypto purchasing process and expands the options available to our users.”

In addition to facilitating crypto purchases, Giddy is expanding its support to include native Bitcoin network integration. This incorporation further enhances Giddy’s multi-factor private key solution, which currently supports Ethereum (ETH), Arbitrum (ARB), and Polygon (MATIC) networks.

The platform’s focus on security remains a cornerstone of its product development.

The company’s multi-factor private key solution divides a user’s private key into multiple encrypted shares, ensuring their funds remain safe even in case of loss or compromise. This approach provides an additional layer of security to protect users’ cryptocurrency holdings.

Their commitment to user-friendliness extends beyond security. Specifically, Giddy’s mobile app integrates various functions, allowing users to purchase, send, trade, earn, and shop using cryptocurrencies.

The app’s straightforward navigation and user-friendly interface make it an accessible tool for managing cryptocurrency holdings.