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MoneyGram Launched Crypto Purchases On Mobile App

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On Tuesday, Nov 1, Moneygram announced that it is launching a new service 

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For Americans to purchase, sell and hold crypto via its MoneyGram mobile app.

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According to the announcement, users can store and trade cryptos like bitcoin, ether, and litecoin.

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This will allow them to expand the range of currencies MoneyGram customers can use.

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MoneyGram also announced that it plans to increase its selection of crypto coins to expand to other markets in 2023.

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MoneyGram is expanding its offerings beyond money transfers to crypto trading.

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This allows the company to tap into new consumers and expand its reach into modern payment methods.

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