Opera revealed today that Sweden, Norway, and Denmark users can now utilize the Android version of the browser to easily buy digital currencies.
The Norwegian company launched the built-in crypto wallet in December that supports Ether, ERC20 tokens, and other nonfungible tokens on the Ethereum network. The wallet, however, doesn’t support bitcoin. That may soon change since the new quick-buy feature is done through collaboration with Safello, a crypto brokerage firm based in Sweden that only handles bitcoin. Though not extensively popular, Safello’s investors are big companies and personalities including Eric Voorhees, Digital Currency Group, and Roger Ver, among others.
Safello’s major selling point is the simplicity and ease it offers to people who want to purchase bitcoin on partners’ website. Therefore, Opera Android users should practically be able to purchase crypto and store it on their wallets without having to sign up to any exchange or go through a tedious ID verification process. (Users from Sweden and Norway must have signed up already for BankID and users from Denmark must have NemID). Opera claims that it only takes “less than a minute.”
However, the level of speed and ease of access come with a price—up to seven percent of the transaction price—slightly higher than other providers. Transaction fees will also be applied once early-bird discounts are lifted. At present, Norwegians and Danes pay 5 percent, while Swedish users pay 2.5 percent.