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USD Balances on Bring Instant, Zero-Fee Crypto Trading to U.S. Users.
13th February 2025 –
United States-based users of the Wallet app can now fund their account with a USD balance, making it faster, easier, and cheaper than ever to trade between Bitcoin/crypto and fiat currencies like the United States dollar. The feature, powered by partner MoonPay, was first unveiled to European users in November. It lets users deposit funds to their account for instant zero-fee purchases.*
Here’s how it works:
Top up: Fund your USD/EUR balance in the Wallet App with your preferred payment method.
Buy crypto: Use your USD/EUR balance to instantly purchase from over 60+ cryptocurrencies.
Withdraw funds: Withdraw to your bank account or supported payment method at any time.
Users can also sell crypto back into their USD/EUR balance, making it easy to make later purchases or withdraw when it suits them.
No more delays or failed transactions. Use your Balance to instantly buy from over 60 cryptocurrencies.
Fiat balances have traditionally been limited to centralized exchanges and traditional fintech platforms. is partnering with MoonPay to bring this feature to the decentralized ecosystem, offering a seamless way to transact. For users of Wallet App, where over 55M self-custodial wallets have so far been created, it means you can continue to enjoy the benefits of self-custody Bitcoin and crypto. That means staying in complete control of your digital assets at all times – while now gaining the extra advantage of being able to trade between fiat and digital assets more seamlessly.
It’s a best-of-both-worlds solution.
“At , we’re committed to bridging the gap between traditional finance and the decentralized world of cryptocurrency,” said Corbin Fraser, CEO of . “This feature exemplifies that commitment by offering people a fast, seamless, and cost-effective way to manage both crypto and fiat funds—all while retaining full control of their digital assets.”
Features and benefits
Zero fees: Zero MoonPay fees on all transactions made with USD/EUR Balances, including withdrawals.
Instant payments: Lightning-fast transaction speeds with minimal wait times.
High approval rates: No more failed transactions or delays. Buying and selling crypto with your Balance has a near-perfect success rate.
Flexible payments: Top up using a range of payment methods including ACH transfer, PayPal, and Venmo, depending on your region.
* Zero MoonPay fees. Ecosystem and network fees still apply.
About MoonPay
MoonPay is a financial technology company that builds payments infrastructure for crypto. Their on-and-off-ramp suite of products provides a seamless experience for converting between fiat currencies and cryptocurrencies using all major payment methods, including debit and credit cards, local bank transfers, Apple Pay, and Google Pay. MoonPay is active in more than 160 countries and is trusted by over 300 leading wallets, websites, and applications to accept payments and defeat fraud.