TL;DR
- Exodus integrates Venmo as a payment method, allowing over 60 million active users to buy crypto directly through its app.
- The integration simplifies crypto purchases, leveraging Venmo’s popularity and user-friendliness to attract a wider audience.
- The partnership aims to make cryptocurrency more accessible to everyday users.
Exodus, the self-custody crypto wallet, has integrated Venmo as a payment method, making it easier for users to buy digital assets directly through its mobile app.
The integration opens up access to over 60 million active Venmo users in the U.S., allowing them to use their Venmo accounts to purchase cryptocurrencies securely through MoonPay’s interface within the Exodus app.
Exodus 🤝 Venmo
You can now buy crypto with Venmo via @moonpay for a trusted and familiar checkout experience. Check it out today! pic.twitter.com/6QlDzYmsS9
— Exodus (@exodus) February 20, 2025
This move enhances Exodus’s payment options, which already include debit and credit cards, PayPal, Apple Pay, Google Pay, and bank transfers. By adding Venmo to the list, Exodus aims to simplify the crypto buying process for millions of users familiar with the platform, owned by PayPal. Venmo is widely used for everyday peer-to-peer payments, and now its users can leverage the same ease when purchasing digital assets.
Exodus Wants Millions of Americans to Join the Crypto Market
The partnership with MoonPay not only streamlines crypto purchases but also plays a role in attracting a broader audience to the digital asset space. Exodus and MoonPay aim to reduce the barriers for new users interested in crypto, particularly those who may not be familiar with traditional crypto exchanges. This development is part of the strategy to make cryptocurrency more accessible to a wide range of people, including those who already trust and regularly use Venmo for daily transactions.
Kevin Wood, Director of Revenue Operations at Exodus, emphasized that this integration makes cryptocurrency more accessible to millions of Americans. The partnership represents another step in Exodus’s mission to empower individuals within the digital economy. Ivan Soto-Wright, CEO and co-founder of MoonPay, added that Venmo has revolutionized online payments, and now users can easily fund their crypto wallets..
This integration represents a key step in simplifying the entry process for those looking to get into the crypto market. By providing a fast, familiar, and seamless way to purchase crypto,
