We are delighted to announce the launch of the two new cryptocurrency wallets in Toonie.
Which wallets?
After the latest crypto release, which enabled Toonie to offer wallets in BTC and USDT, we have added USDC (USD Coin) and ETH (Ethereum) to the app. These new entries currently allow you to buy, hold, and even send and receive payments in both traditional fiat currencies and cryptocurrencies conveniently in the Toonie App. USDC (USD Coin) and ETH (Ethereum) are two prominent players in the world of cryptocurrency. Both have gained significant traction and are widely recognised in the crypto market for their unique features and capabilities.
More flexibility and more freedom USDC (USD Coin) is designed to provide stability and facilitate seamless transactions within the crypto ecosystem, as each token is backed by a corresponding US Dollar held in reserve by regulated financial institutions. This backing ensures that the value of USDC remains close to that of the US Dollar, making it more of a reliable option for users seeking a digital representation of traditional currency. On the other hand, ETH serves as the native cryptocurrency of the Ethereum network, a decentralized blockchain platform that enables the creation and execution of smart contracts. It was introduced in 2015 and has since become one of the most significant cryptocurrencies in terms of market capitalisation and adoption.
Both USDC and ETH continue to shape the landscape of cryptocurrency, driving innovation and adoption in their respective domains. And you can have both with Toonie! How to buy USDC (USD Coin) and ETH (Ethereum) in Toonie
Open an ETH or USDC wallet in Toonie. If you do not yet have a wallet, you can open one for free in the App.
Convert funds from your EUR wallet to the ETH or USDC wallets.
Enter the amount you want to convert, accept the rate, and confirm the transaction. Your ETH or USDC balance will be instantly available in the respective wallets.
Ready to explore the world of crypto? #doitwithtoonie
* Cryptocurrencies can fluctuate in price. Cryptocurrencies bought in the Toonie App are not protected by any Financial Services Compensation Scheme or any bank guarantee. Before you open a cryptocurrency wallet, read up on the respective cryptocurrency first to understand how they work, the potential gains and risks, and what you can do with them inside Toonie. Read our Terms and Risk Disclosure.