The acquisition means that Pocket Bitcoin now has its own in-house wallet app for users looking to buy Bitcoin using the service.
Unsecured bitcoin exchange in Switzerland Bitcoin pocket Got the popular Bitcoin wallet app bitkipiThe company announced on Monday. According to a press release sent to Bitcoin Magazine, the acquisition will help Pocket Bitcoin solidify its focus on self-custody and provide users with a platform to buy and hold Bitcoin in their own wallets. Previously, customers could set up Pocket using their existing wallets via the company’s website and accumulate bitcoins using simple bank transfers.
“We believe everyone should have access to the financial freedom that bitcoin offers, and the Bitkipi app will be instrumental in helping us achieve that goal,” said David Knezić, CEO and co-founder of Pocket Bitcoin. “With this acquisition, Pocket Bitcoin now has an in-house wallet app that allows beginners to easily get started with bitcoin and self-custody,” the press release explains.
The founder of Bitkipi expressed his excitement to join forces with Pocket Bitcoin and bring their vision to life. “We have worked hard to create an easy-to-use, secure, and reliable bitcoin-only wallet app that can help newcomers get started with bitcoin,” said Bitkipi founder. The app will still be available on both the App Store and Google Play, and existing users can expect to see constant updates.
According to the press release, in about two years, PocketBitcoin has already exchanged over $54 million (€50 million) in bitcoins for clients from all over Europe and paid them into self-custodial wallets.
Anyone interested in learning more about Pocket Bitcoin’s Bitcoin platform can visit their website at Pocketbitcoin.com.