Polymarket Integrates MoonPay, Enabling Credit Card Crypto Betting

IconCryptoNewsTerminal Staff24 Jul, 2024

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Polymarket Integrates MoonPay, Enabling Credit Card Crypto Betting

Polymarket, a decentralized prediction market platform, has collaborated with crypto payments provider MoonPay. This partnership empowers users to fund their bets using bank transfers and credit cards, expanding the platform's accessibility beyond USDC-only betting. Previously, Polymarket users were limited to placing bets using USDC. However, this integration eliminates that barrier, allowing users to participate in political predictions more conveniently. Data from Dune Analytics reveals that over $366 million worth of bets have been placed on the US presidential election through Polymarket. This partnership with MoonPay signifies Polymarket's commitment to enhancing user experience and accessibility. By incorporating MoonPay's services, they're opening up the platform to a wider audience, fostering participation and engagement.

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