April 20, 2024

WhatsApp Launches Testing of Novi Crypto Wallet

WhatsApp Launches Testing of Novi Crypto Wallet

  • One of the leading instant messengers in the world will launch the function of transferring cryptocurrency within messages.
  • Translationswill be instant, no commissions for sending and withdrawing.
  • Payments will be made in the Pax Dollar (USDP) stablecoin.
  • The new feature is only available to US residents.

WhatsApp has launched a pilot version of a project that will allow a limited number of people to exchange cryptocurrency within the messenger.

This function is based on a digital walletby Meta (formerly Facebook) called Novi. The wallet itself was launched in a pilot version a month and a half ago. Payments will be made in Pax Dollar (USDP), a USD-pegged stablecoin issued by the Paxos blockchain platform. The announcement was made by Novi CEO Stephen Kasriel and WhatsApp Specialist Will Cathcart.

According to Novi, the payment will bedone in the same way as sending any other attachment in a WhatsApp message. The developers note that there will be no commission charged for sending or receiving cryptocurrency, and there are also no plans for restrictions on the frequency of sending and commissions for withdrawing digital assets to a bank account.

Transactions are processed instantly, and the new functionality does not affect the confidentiality of personal calls and messages in the messenger.

“There is a new way to try a digital walletNovi. Starting today, a limited number of US users will be able to send and receive money using Novi via WhatsApp. Sending money to family and friends is now as easy as sending messages. "— wrote the head of Meta’s payment division, Stephane Kasriel.

The beta version of the project is currently only available to US residents in English and Spanish. In India and Brazil, WhatsApp has also introduced funds transfer functionality, but only in traditional fiat money.

Where is it more profitable to buy cryptocurrency? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

# Exchange: Website: Rating:
1 Binance (Editor's Choice) https://binance.com 9.7
2 Huobi https://huobi.com 7.4
3 Exmo https://exmo.me 6.9
4 OKEx https://okex.com 6.5
5 Bybit https://bybit.com 6.3

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Additional features and services— futures, options, staking, NFT marketplace.
  • Feedback and support– we analyze user reviews and the quality of technical support.
  • Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • final grade– the average number of points for all indicators determines the place in the ranking.

WhatsApp Launches Testing of Novi Crypto Wallet

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