0 minsPublished on 12/18/2024

MoonPay is live on Element Wallet

Element users can now buy CORE using most major payment methods.

By Geoffrey Lyons

MoonPay’s on-ramp is now live on Element Wallet, the flagship wallet of the leading Bitcoin DeFi (BTCfi) blockchain Core.

Now Element Wallet users can buy CORE using most major payment methods, including debit and credit card, Apple Pay, Google Pay, PayPal, and bank transfer. 

Core serves as the Proof-of-Stake layer for Bitcoin and is the first blockchain to enable self-custodial Bitcoin staking. Since its launch in April 2024, over 6,700 BTC has been staked on the platform, showcasing its robust ecosystem.

“Integrating with Element Wallet will create new opportunities for users to engage with the Bitcoin ecosystem, reducing friction and enhancing the overall user experience,” said MoonPay co-founder and CEO, Ivan Soto-Wright. “Self-custody is in MoonPay’s DNA, and we’re thrilled to help expand access to self-custodial Bitcoin staking through Core.”

In addition to the Element Wallet integration, CORE token is also now available directly on MoonPay

“The addition of CORE to MoonPay, alongside its integration with Element Wallet, represents a pivotal step in our mission to drive further adoption and usability within the growing Core ecosystem and beyond,” said Rich Rines, an initial contributor to Core. “Core will now become even more accessible through MoonPay’s popular and intuitive UX.”

Since its mainnet launch in January 2023, Core has achieved remarkable milestones, including 31M unique addresses, 300M+ transactions, and $980M+ in total value locked (TVL). The blockchain has also demonstrated its commitment to driving institutional adoption of BTCfi through by powering the Valour Bitcoin Staking (BTC) SEK–the world’s first and only yield-bearing Bitcoin ETP

To download Element Wallet visit ​​www.elementwallet.com

Geoffrey Lyons
Written byGeoffrey Lyons