Starting today, iPhone users in the United States will start receiving the ability to buy bitcoin through the breadwallet app, either with cash at thousands of retail locations, bitcoin ATMs or by linking a bank account. By utilizing partner companies to offer these new services, breadwallet remains a standalone, decentralized wallet.
Users who don’t want to use the services can continue to use the breadwallet app like normal, without needing to provide any personal information whatsoever.
At the same time, users who do choose to use these services will have a completely native experience. Instead of passing users off to an external website, services are integrated right into breadwallet to make the entire process as smooth as possible.
Bitcoin addresses and login credentials are managed seamlessly in the background, and information users enter is encrypted and stored in your their phone. This means you can easily make repeat purchases or sign up for other services in the future while keeping your data secure and private, as even breadwallet employees cannot access the information that is stored on a device.
This is the next step in the evolution of breadwallet. While breadwallet aims to become a more powerful gateway to the world of bitcoin, we continue to keep breadwallet as simple as possible with no logins or tedious data entry, and we remain just as secure and private as ever.
James MacWhyte, breadwallet Head of Product said:
“We are passionate about making bitcoin so easy that anyone can use it, regardless of technical expertise or local banking infrastructure, and by doing so we facilitate bitcoin becoming a truly global currency, available to anyone in the world.”
This will be a controlled rollout, meaning a small number of users will be enabled today while the rest breadwallet users will gain access gradually over the coming weeks. If you are eager to try it, you must make sure your breadwallet app is up-to-date. Users who have received access to the new service will receive a one-time notification next time they open their breadwallet. The company plans to extend this feature to Android users and users in other countries over the next several months.
Users who have received access to the new service will receive a one-time notification next time they open their breadwallet. The company plans to extend this feature to Android users and users in other countries over the next several months.