Circle Adds Monero to the Circle Investment Crypto Payment App
Blockchain startup Circle Invest announced last week it was adding Zach to its trading app, the company has also announced on Monday adding Monero to its Invest application. As with the other tokens available on the app, users will be able to purchase or invest in the cryptocurrency using their bank account.
Other coins available on the Circle Invest application include ethereum, bitcoin, bitcoin cash, litecoin, and ethereum classic. This brings the total number of tradable coins on the platform up to seven, including Zach and Monero.
Welcome, Monero. 👋
Another coin just joined the Circle Invest family, and it’s available for you to buy right now. Learn more about Monero: https://t.co/w2AVUw8Kb3
— Circle (@circlepay) 7 May 2018
In the post, Invest senior product manager Rachel Mayer wrote:
“Last week, we welcomed zcash to the coin family on Circle Invest. Today, we continue to grow our coin collection by supporting monero as our new listed crypto asset. This brings our investable crypto assets to a total of 7 coins, making Circle Invest one of the only platforms you can invest instantly and seamlessly in the widest breadth of coins by using your bank account.”
Circle stands out from other US-based exchanges at this moment in time because of its more streamlined position in regulatory spheres. It is understood that Poloniex is likely to become the first regulated exchange in the US with official standing within existing regulatory frameworks.
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