Giddy, a self-custody smart wallet that links crypto holders to DeFi earning opportunities, has integrated with industry-leading payment provider Stripe, to make it easy for users to purchase crypto straight from the Giddy mobile app.
An integration building on Giddy’s and Stripe’s synergies
Giddy is on a mission to make it easy for users to put cryptocurrencies to use. With its intuitive app, it enables users to buy, send, trade, earn, and shop with cryptocurrencies. On the other hand, Stripe is a digital startup that empowers online businesses by facilitating the integration of e-payments and the management of business operations through their platform.
By providing a reliable and easy-to-use payment gateway, the integration hopes to increase the general public’s access to cryptocurrencies by increasing the number of ways fiat currency may be converted into cryptocurrency. Giddy now offers its customers an easy way to fund their self-custody crypto wallet by selecting Stripe as the crypto buying option.
Furthermore, the integration with Stripe makes it possible to purchase cryptocurrency using a variety of payment methods, including bank transfers, cards, Apple Pay, and more. Additionally, Giddy is adding Bitcoin compatibility to its innovative multi-factor private key solution. Currently, the business is working on adding support for additional networks, although it already supports Ethereum, Arbitrum, and Polygon.
Giddy already boasts of unique self-custody security features in its smart wallet. These capabilities allow users to divide their private key into many encrypted shares and link them to software and hardware that they alone manage. Since accessing funds requires several shares, and no single share contains the private key, this ensures that the wallet is secure. In addition, they are recoverable in the event that one share is compromised or lost.