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BlockFi Released Mobile App to Make Cryptocurrency Transaction Easier for the Public

Yiran Dai

Summary: BlockFi, a cryptoasset-backed lending company, is launching a mobile app today to simplify the process of loaning and trading of the Bitcoin.

BlockFi, a cryptoasset-backed lending company, is launching a mobile app today to simplify the process of loaning and trading of the Bitcoin, according to Decrypt. The application is currently available on iOS and Android with limited functions – the official public release is to occur in June when more crypto investment will be feasible.

“People use mobile apps to control their investments and their bank accounts – and that’s exactly what Bitcoin and other cryptocurrencies are,” said Zac Prince, CEO of BlockFi. He expects the app “to make cryptocurrencies more palatable and approachable for mainstream consumers.”

By Yiran Dai

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