THELOGICALINDIAN - Retail investors can use the app to administer their Bitcoin or retail accolade points
Bakkt has launched its official payments app, acceptance users to buy, sell, and absorb Bitcoin and added agenda assets.
Bakkt App Available to All
Though Bakkt ran an Early Access Program aftermost year, this is the aboriginal time that its app is accessible to accepted users.
The app allows users to administer Bitcoin as able-bodied as added agenda assets like abundance accolade credibility and banknote balances. Users can additionally acquirement discounted allowance cards from added than 75 brands.
This is the additional above artefact from Bakkt, which additionally operates a futures trading belvedere and careful solution for institutional investors. The app, however, is aimed at retail users.
Bakkt says that it aims to advice users “unlock the amount of $1.2 abundance in agenda assets” that are currently in circulation.
Brand Partnerships and Incentives
Bakkt is ablution the app in affiliation with several above brands. With Best Buy, Choice Hotels, Fiserve, and GolfNow, it is alms appropriate deals and means to administer accolade points.
Bakkt has additionally admiring absorption for its attempts to advice Starbucks acquire Bitcoin. The accompaniment of that affiliation is still unclear. However, the app will acquiesce users to administer their Starbucks Card balance, according to Bakkt’s latest columnist absolution on the barrage of its app.
In adjustment to animate users to download the app, Bakkt is additionally giving abroad $1 actor as a promotional offer.
The account comes aloof canicule afterwards account that PayPal is allowing users to absorb Bitcoin through its app. Visa and Mastercard accept additionally appear affairs to action crypto spending features.
At the time of autograph this columnist captivated beneath than $75 of Bitcoin, Ethereum, and altcoins.
