Bakkt, the cryptocurrency arm of Intercontinental Exchange (ICE), has announced on Tuesday it enabled a feature for its users to send Bitcoin (BTC), gift cards, and cash to everyone, even do to those who are not using the native app of the firm, Bakkt App. According to the press release, the function now allows sending virtual currencies instantly.<\/p>\n
Currently, the app relies on peer-to-peer (P2P) technology to send digital assets by providing a wallet to store all cryptos and arrange these payments. With the new features, users should update their existing version of the Bakkt App. \u201cWe are excited to introduce our P2P to anyone capabilities to broadly expand consumer payment options in the digital asset space. Bakkt has aimed to provide the app, marketplace, and payments infrastructure to make all digital assets transactable, and this new functionality welcomes everyone to have a frictionless digital experience to send and receive bitcoin, gift cards, or cash to anyone,\u201d Gavin Michael, Bakkt\u2019s CEO, commented.<\/p>\n
Bank Account Alternative. Business Account IBAN.<\/strong><\/p>\n The app is currently available on the App Store and Google Play Store. To arrange the new kind of payments, Bakkt App users should choose the \u201cSend\u201d option and then pick Crypto, Gift Card, or Cash to send the preferred alternative to any person.<\/p>\n \u201cBy empowering users to track, spend and send digital assets, the Bakkt App enables consumers to understand the full scope of their digital assets to unlock their greater value, while giving merchants and loyalty program sponsors deeper customer engagement and a lower cost of payment acceptance,\u201d the firm stated in the announcement.<\/p>\nLicense from New York Regulators<\/h2>\n