BRD Partners With Wyre To Offer Industry Low Bank Transfer Fees For Crypto

Partnership will enable US customers to purchase BTC, ETH, and DAI from over 1,700 banks.
Promotional Content
Brd Wyre

SAN FRANCISCO, CA — (June 11, 2019) – BRD, the most secure cryptocurrency mobile wallet, trusted by over 2 million users in 170 countries, now allows US customers to purchase bitcoin, ethereum, and Dai using bank transfers. The new capability for US customers is supported by over 1,700 US banks enabled by a new partnership with Wyre, a leading payments provider for the blockchain industry.

The new partnership will enable BRD to extend its product roadmap to fulfill its long-term vision of being the leading mobile financial services hub for crypto assets.

“With over $6B USD worth in crypto assets under protection with the BRD brand, we’ve proven to be the most trusted service in the industry,” said Adam Traidman, CEO and Co-founder of BRD. “We remain singularly focused on integrating the best payment partners with the lowest fees, such as Wyre.”

“BRD is one of the top teams in the space. They prioritize user security and privacy while still adding meaningful value,” said Michael Dunworth, CEO and Co-founder of Wyre. “Both BRD and Wyre have a huge amount of experience, and I couldn’t be more excited for what we’ll deliver to the community over time.”

By using BRD for buying BTC, ETH, or Dai, US consumers will now have the ability to directly link their bank account in less than five minutes. Besides allowing customers to securely exchange their fiat for cryptocurrency, bank transfers offer the lowest fees when purchasing crypto.

Existing BRD users will be able to avoid traditionally high prices and newcomers looking to enter the space finally have an affordable option.

“We’ve consistently heard from US customers about the frustrations regarding the lack of innovation and simplification from current market leaders, namely Coinbase,” said Aaron Lasher, Chief Strategy Officer and Co-founder of BRD. “While more well-funded players have become more custodial and centralized, BRD has remained unwavering in its mission to bring the core value of the blockchain to the masses: Decentralized and Inclusive.”

BRD’s increased growth follows a successful $15 series B raise in 2018. At the beginning of 2019, the company achieved the fastest start in company history:

  • DOUBLED the number of transactions in the first 4 months of 2019
  • DOUBLED the number of customers exchanging crypto assets in the first 4 months of 2019
  • TRIPLED the number of existing, free users converting to premium exchange customers

BRD provides consumers and retail investors with the simplest way to get started with bitcoin and cryptocurrencies. Customers have flexibility in making purchases using credit cards, checking accounts, cash, or other cryptocurrencies. BRD also employs an industry-leading security and privacy model that is both truly decentralized and leverages the latest security technologies available on mobile platforms. With an estimated over $6B USD worth of crypto assets under protection, BRD remains the most trusted bitcoin and cryptocurrency mobile wallet available. Their industry-leading global support team has an average response time of under 90 minutes, allowing for any customer questions to be answered quickly.

The BRD app is available for download from the App Store or Google Play. For more information, please visit BRD at www.BRD.com.


About BRD

BRD is a global company that’s bringing blockchain-enabled financial services to the mobile generation. We provide consumers with the simplest and the most secure way to buy and protect bitcoin and other cryptocurrencies. Launched in 2015, and headquartered in Zurich (Switzerland), BRD is a venture-backed company which has raised $55M USD from top investors focused on banking, FinTech, and the blockchain. BRD’s crypto apps are available for both iOS and Android in over 171 countries. With over 2M customers worldwide, BRD has accumulated an estimated $6B USD of crypto assets under protection and is one of the fastest growing blockchain-enabled finance apps for everyday consumers (a Top 10 Finance app in 71 countries).

About Wyre

Wyre is the leading infrastructure provider in crypto. After trading over $3.5 billion in cryptocurrency assets and completing over $1 billion in commercial FX payments using crypto as a rail, we have an established network of relationships with leading banks, exchanges, and decentralized partners. Using Wyre’s API, customers are able to instantly convert fiat to crypto globally in over 50 countries, in 8 different fiat currencies, and 3 cryptocurrencies. We focus on compliance, regulatory licensing, liquidity, and payment processing, so our partners can do what they do best, creating amazing tools on the blockchain.

Don't miss a thing!

Discover what's moving the markets. Sign up for a daily update delivered to your inbox

Latest Articles

See All

Expand Your Knowledge

See All

Top Promotions

Top Brokers

IMPORTANT DISCLAIMERS
The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. The content of the website is not personally directed to you, and we does not take into account your financial situation or needs.The information contained in this website is not necessarily provided in real-time nor is it necessarily accurate. Prices provided herein may be provided by market makers and not by exchanges.Any trading or other financial decision you make shall be at your full responsibility, and you must not rely on any information provided through the website. FX Empire does not provide any warranty regarding any of the information contained in the website, and shall bear no responsibility for any trading losses you might incur as a result of using any information contained in the website.The website may include advertisements and other promotional contents, and FX Empire may receive compensation from third parties in connection with the content. FX Empire does not endorse any third party or recommends using any third party's services, and does not assume responsibility for your use of any such third party's website or services.FX Empire and its employees, officers, subsidiaries and associates, are not liable nor shall they be held liable for any loss or damage resulting from your use of the website or reliance on the information provided on this website.
RISK DISCLAIMER
This website includes information about cryptocurrencies, contracts for difference (CFDs) and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.FX Empire encourages you to perform your own research before making any investment decision, and to avoid investing in any financial instrument which you do not fully understand how it works and what are the risks involved.
FOLLOW US