TransferGo added cryptocurrency trading

British online service TransferGo became the world’s first operator of money transfers, opening of cryptocurrency trading, told Bloomberg the 27th of July.


TransferGo users can now sell and buy 5 major cryptocurrencies: bitcoin, Ethereum, ripple, bitcoin and litecoin cash.

The head and founder of TransferGo, Daumantas Drinkas, said that the company has started trading “in response to user demand”:

“more than 4000 users joined in the first few hours. we observe strong market demand for simple and reliable solution for your investment and trading”

At the moment, founded in the 2012th year of the company more than 600,000 registered users and about 30 partner banks.

TransferGo offers international money transfers for migrants. In 2017, the year the flow of remittances to developing countries reached 466 billion.

Also in June it became known that Qiwi Blockchain Teсhnologies (QBT), a subsidiary of Russia’s largest money transfer service Qiwi, launches the country’s first investment scriptbank HASH and plans to open trades in 2019, the year after obtaining a license.

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