Giddy, the innovative self-custody smart wallet, has integrated leading payment provider Stripe to introduce a frictionless way for users to purchase cryptocurrencies directly from the Giddy mobile app. The integration aims to simplify the process of acquiring self-custody crypto assets and offer a user-friendly experience for fiat-to-crypto transactions, making it more accessible to the general public.
Users of the Giddy platform can now opt for Stripe as their preferred crypto purchase method, facilitating a smooth and reliable transaction experience. Stripe’s integration allows for the purchase of crypto using various payment methods, including bank transfers, cards, Apple Pay®, and other options supported by the payment gateway.
Eric Parker, CEO of Giddy, expressed enthusiasm about the integration, stating, “Like most people, my journey into crypto began with Bitcoin. But buying self-custody crypto is far too difficult to figure out – even today. I’m excited to announce this integration with Stripe because it’s one of the best ways to buy crypto. Stripe is fast, easy, and actually works! It’s an amazing way for new users to get started and for experienced users to grab more crypto at the speed of the markets.”
Paving the Way for Crypto Accessibility
In addition to the Stripe integration, Giddy is rolling out native support for the Bitcoin network. This expansion adds Bitcoin to the roster of supported cryptocurrencies, which already includes Ethereum, Arbitrum, and Polygon networks, with plans for more in the future. Giddy’s smart wallet is renowned for its robust security features, utilizing a multi-factor private key solution.
The user’s private key is divided into multiple encrypted shares and linked to hardware and software controlled exclusively by the user. This approach ensures the wallet’s security and recoverability, as multiple shares are required to access funds, and the compromise of a single share does not jeopardize the entire private key.
The Giddy mobile app, available on both the App Store and Google Play, enhances user experience by integrating various functions, allowing users to purchase, send, trade, earn, and shop using cryptocurrencies. The app’s user-friendly design and comprehensive features make decentralized finance more accessible to all levels of users.
Giddy, founded in 2021 by entrepreneurs Eric and Ethan Parker, is dedicated to making decentralized finance accessible to everyone. The platform enables users to buy, trade, send, earn, and shop with crypto, all within one secure and easy-to-use mobile app. This dedication aligns with the broader landscape of online economic infrastructure, where companies like Stripe play a pivotal role.
With dual headquarters in San Francisco and Dublin, Stripe provides economic infrastructure for the Internet. Businesses of all sizes leverage Stripe’s software to accept payments and manage their online operations, solidifying its status as a key player in the digital economy.
In essence, Giddy’s strategic integrations, innovative features, and commitment to accessibility underscore its position as a pioneering force in the evolving world of decentralized finance. As the platform continues to evolve, users can anticipate an increasingly streamlined and secure journey into the realm of cryptocurrencies, supported by integrations with industry leaders like Stripe.
