Web browser Opera announced earlier today that Android users can now buy Ethereum (ETH) directly from its browser wallet.
For reference, ETH is currently selling for $104.75 USD per coin according to CoinMarketCap.
Buying Ethereum on Opera
To make Ethereum transactions possible in this manner, Opera has partnered with regulated crypto brokerage Safello to provide the cash-to-crypto exchange.
Further, the browser is making life even easier by enabling payments with credit and debit cards. It has also implemented other payment networks such as Sweden’s Swish.
According to the web browsing service, buying Ethereum on Opera should take “less than a minute.”
Limited Availability
Users should note that, for now, the service is only available in Sweden, Norway, and Denmark. There has been no mention as to when the service might extend further than these European countries.
But citizens from these countries have an incentive to use the service; for a limited time, Safello will give Swedish users a discounted fee of 2.5%, while Norway and Denmark users will receive a 5% discount.
Safello
As stated, the browser has partnered with crypto brokerage Safello, so users can buy Ethereum on Opera. Safello is registered with Sweden’s Financial Supervisory Authority. The broker will verify users who make purchases by using the national citizen identity solution relative to whatever country the user is from. In Sweden this is BankID, and in Denmark, it is NemID, for example.
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Opera’s crypto product lead, Charles Hamel, said that the new service should help increase crypto adoption:
“We think that the next important phase for crypto will come from usage and that for it to reach wider adoption, it has to be easy to buy and easy to use.”
Opera’s Built-in Wallet
Opera launched its new integrated crypto wallet in December 2018. Available for Android devices, the wallet supports Ether and tokens that use Ethereum’s ERC-20 standard. It also supports Ethereum-based dApps and crypto games such as CryptoKitties.
The wallet is considered safer and more efficient for Opera users as it allows them to store and use cryptos directly in the browser rather than have to install extensions or applications. What do you think? Would you buy Ethereum on Opera?
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