Scandinavians Can Now Buy Crypto Via Opera Wallet

The browser-based wallet, which supports Ethereum tokens, partners with a bitcoin-centric cryptocurrency exchange.

Opera announced today that users in Norway, Sweden, and Denmark can now use the Android version of the underdog browser to quickly buy cryptocurrency.

Opera’s built-in crypto wallet, which the Norwegian company rolled out in December, currently supports Ether as well as ERC20 tokens and nonfungible tokens on the Ethereum network; users can’t add bitcoin. That may change, as the new instant-buy feature is made possible by a partnership with Safello, a Swedish crypto brokerage that only handles BTC. Though not particularly well-known, Safello boasts investments from Digital Currency Group, Erik Voorhees, and Roger Ver, among others.

Safello’s main selling point is the ease with which it allows people to buy bitcoin on partners’ websites. Opera Android users, then, should essentially be able to buy crypto and place it on their wallets without needing to create an exchange account or go through an onerous ID verification process. (Norwegian and Swedish users must have already signed up for BankID; Danish users must have NemID). Opera says it all takes “less than a minute.”

That level of speed and access comes with a price – up to 7 percent of the transaction price, not including transaction fees, once early-bird discounts are lifted. For the time being, Swedish users pay 2.5 percent, while Danes and Norwegians pay 5 percent.

LEAVE A REPLY

Please enter your comment!
Please enter your name here