Samsung expands Coinbase integration with direct crypto purchases in Galaxy Wallet

Samsung expands Coinbase integration with direct crypto purchases in Galaxy Wallet

By Cointelegraph
Samsung Wallet and Coinbase aim to provide easier access to cryptocurrency for 75 million US Galaxy users, with a global rollout planned for the future.

Article Details

Samsung Galaxy Wallet revolutionizes cryptocurrency accessibility by integrating direct crypto purchases through Coinbase, targeting 75 million US Galaxy users in a groundbreaking partnership. This strategic collaboration eliminates traditional barriers to digital asset acquisition, allowing Samsung smartphone users to seamlessly buy Bitcoin, Ethereum, and other cryptocurrencies directly from their mobile wallets without external exchanges.

The integration represents a significant milestone for mainstream crypto adoption, as Samsung's massive user base gains instant access to decentralized finance (DeFi) opportunities and blockchain technology. Users can now purchase, store, and manage digital assets through Samsung's secure wallet infrastructure, powered by Coinbase's robust trading platform and regulatory compliance.

This partnership positions Samsung as a leader in the convergence of traditional mobile technology and cryptocurrency innovation. The planned global expansion beyond the US market signals growing institutional confidence in digital assets and could accelerate worldwide crypto adoption rates.

The collaboration addresses key pain points in cryptocurrency onboarding, including complex exchange registration processes and security concerns. By streamlining the purchase experience within Samsung's trusted ecosystem, this integration could drive substantial growth in retail cryptocurrency investment and blockchain technology mainstream acceptance.

Article Details

Market Sentiment
neutral
Category
bitcoin
Reading Time
1 min read
Article Type
Article
Topics & Keywords
#Crypto#News

Additional Information

0

Read the Full Article

Continue reading this article on Cointelegraph

Read Full Article

Source: Cointelegraph

Type: Article

Continue Reading

Stay informed with more cryptocurrency news and insights

Crypto Confidence Crumbles as Extreme Fear Dominates Market Sentiment
generalNegative

Crypto Confidence Crumbles as Extreme Fear Dominates Market Sentiment

The Crypto Fear & Greed Index fell to “Extreme Fear” levels on Tuesday, according to data from CoinMarketCap, after a sharp pullback across major digi...

Crypto Economy1 min
Sam Bankman-Fried Seeks New Trial After FTX Fraud Conviction
generalNegative

Sam Bankman-Fried Seeks New Trial After FTX Fraud Conviction

Sam Bankman-Fried seeks a new trial after his 2023 fraud conviction, citing limited evidence and challenging court rulings....

Blockonomi1 min
Stream Finance Rocked by $93M Blow—Project's Stablecoin XUSD Peg Craters to $0.24
generalNegative

Stream Finance Rocked by $93M Blow—Project's Stablecoin XUSD Peg Craters to $0.24

On Monday, the decentralized finance (DeFi) protocol Stream Finance announced that an external fund manager misplaced a jaw-dropping $93 million in St...

Bitcoin1 min
Binance CEO Pushes Back on Claims of Promoting Trump Stablecoin Before CZ Pardon
generalNegative

Binance CEO Pushes Back on Claims of Promoting Trump Stablecoin Before CZ Pardon

TL;DR Binance CEO denies promoting Trump's stablecoin. The allegations involve a $2 billion investment in MGX. Senator Elizabeth Warren denounced thes...

Crypto Economy1 min
Crypto Industry Watches Closely as Prosecutors Seek Five-Year Term in Samourai Case
generalNegative

Crypto Industry Watches Closely as Prosecutors Seek Five-Year Term in Samourai Case

TL;DR US prosecutors are seeking the maximum five-year sentence for the co-founders of Samourai Wallet. They are accused of laundering $237M, although...

Crypto Economy1 min
U.S. Sanctions North Korean Bankers Over Crypto Laundering Tied to Cyberattacks
generalNegative

U.S. Sanctions North Korean Bankers Over Crypto Laundering Tied to Cyberattacks

The U.S. Treasury has imposed fresh sanctions on a group of North Korean bankers and institutions accused of laundering millions in cryptocurrency tie...

Coindesk1 min