TransferGo money transfer service added the ability to buy and sell cryptocurrencies

The British company TransferGo became the" first in the world " money transfer service, which offered its users the opportunity to buy and sell #cryptocurrencies. Through the app I make an international clients of the service became available bitcoin Cash #Bitcoin, Ethereum, Litecoin and XRP.

"The #cryptocurrency trading platform was launched in response to the demand from our users. During the first hours of [its operation], the number of new registrations exceeded 4000, and as we see, there is a strong demand for a simple and reliable solution for investment and trading in the market," said the founder and CEO of TransferGo Daumantas Dvilinkas.

The new option to buy and sell cryptocurrencies is available through the TransferGo mobile apps for #Android and iOS, while the KYC/AML procedures have remained the same as for the money transfer service.

TransferGo was founded in 2012 and is based in London. Its user base has more than 650 thousand people, and the aggregate amount of realized cash flows have exceeded $1 billion, As stated by TransferGo, its unique proposition is that it is the only pan-European company, which ensures delivery of funds to the recipient within 30 minutes after sending.

Earlier, in July, the British FINTECH startup Revolut announced the creation of a trading platform for the EU residents, following the example of the American application for trading shares and #cryptocurrencies Robinhood.