It seems that the cryptocurrency market will soon have a new growth driver. Thus, mobile applications from Coinbase and Safello for the purchase and storage of cryptocurrencies can change the attitude of society to digital financial assets.
One of the largest cryptocurrency sites, Coinbase, stopped the development of the Toshi mobile browser and concentrated all its efforts on its new project. The Wallet app allows users to buy and sell thousands of different tokens. And in February, it was announced about another opportunity of the Wallet. Now you can use it as a cryptocurrency wallet.
Currently, this feature is only available for Bitcoin, but in the near future support for other coins will be added. An additional advantage was the close cooperation of Coinbase with the PayPal payment system. For citizens of the United States, and now of Europe, the transfer of funds from Wallet to a PayPal account has become available.
Coinbase said they want to make their development a leader in the trade and exchange of cryptocurrencies. Judging by the general trends, the company has the right to expect to achieve this goal. However, it already has serious competitors.
Scandinavian service Safello offered its customers an interesting solution. They do not even need to download a separate application to their phone. To exchange fiat money for Ethereum, it is enough to install the Opera browser.
It already has an add-on that allows you to buy Ethereum for fiat money. Moreover, the whole operation will take no more than one minute, and funds can be obtained on a plastic card.
This two news suggest that a new trend has emerged in the cryptocurrency market. If a few months ago, analysts were expecting the arrival of large investors, now the situation has changed somewhat. The SEC did not allow the work of the Bitcoin-ETF fund, and the progress went in a different scenario. Mobile applications from Coinbase and Safello simplify transactions with tokens for ordinary citizens, which can increase demand in the near future.