According to its recent announcement yesterday, Opera is now letting Android users buy different cryptocurrencies from its browser-based wallet.
Opera stated that it has partnered with regulated crypto brokerage Safello in order to provide the cash-to-crypto exchange. Thanks to this new feature, users are now able to do their payments with credit and debit cards, in addition to payments networks such us Swish in Sweden.
As a first step, ether purchasing is available only in Sweden, Norway, and Denmark. Users will be verified using their citizens’ identity solutions including Sweden’s BankID and Denmark’s NemID. Frank Schuil, CEO and co-founder of Safello, believe that this collaboration “will secure all transactions on the Opera browser through the same rigorous regulatory requirements that built trust with our customers.”
Additionally, Charles Hamel, Opera’s crypt product lead, stated:
We think that the next important phase for crypto will come from usage and that for it to reach wider adoption, it has to be easy to buy and easy to use.
On the other hand, during the last December, Opera launched its “Web 3-ready” Android web browser wallet which supports ether, other tokens using Ethereum’s ERC-20 standard and even crypto collectibles (ERC-721 standard) like CryptoKitties, as well as Ethereum-based decentralized apps, that can be accessed from the wallet. This wallet has already got positive feedback thanks to its high-security system and its easy use through smartphones. Obviously, Opera has a lot of ambitions. Earlier, the company partnered with blockchain advisory and financial services firm Ledger Capital with one goal in mind: find more growth and development opportunities to implement blockchain applications.