Crypto startup Lyra brings crypto spending to millions of merchants
Now you can create and use Visa cards on demand using the most popular cryptocurrencies.
Lyra has announced the launch of its new platform, which allows users to spend their cryptocurrency in one of the millions of online merchants worldwide. These include Netflix, Airbnb, DoorDash, Instacart, Walmart and many more.
With Lyra’s intuitive dashboard and Chrome extension, users can create virtual Visa cards on demand to pay for one-time purchases or subscriptions. These cards are instantly activated and available for immediate use.
The process is simple and secure as Lyra users are not required to reveal their personal information or private keys.
Instead, they just need to choose one of the main cryptos the platform supports, upload a balance and generate their virtual Visa card. It supports a variety of cryptocurrencies including BTC, ETH, LTC and ADA. Other currently supported cryptocurrencies include SOL, MATIC, BSC, USDC and USDT.
Crypto users with any of these supported cryptocurrencies can purchase Lyra Visa prepaid cards and set their spending limits.
They can then add the Lyra Chrome extension to their browsers. This extension allows card creation and auto-filling of card details at checkout at major retailers, all without going back and forth between websites.
Lyra’s intuitive payment system allows users to automatically fill in their virtual Visa card details at checkout. The system achieves this by injecting Lyra’s logo into the online retailer’s credit card field, thereby enabling faster checkout with one click.
Lyra wants to make it easier for people to use their cryptocurrency holdings for everyday transactions and help bridge the gap between traditional finance and the burgeoning cryptocurrency industry.
With this new platform, Lyra is poised to become one of the leading crypto spend providers in the world. Visit here to try this platform today and register for early access.
“Our goal at Lyra is to change how crypto is viewed by holders and give them a way to easily spend crypto online. The biggest pain point in crypto is the inability to easily spend crypto without jumping through hoops or waiting days to sell den. Since only a select few merchants accept cryptonatives, Lyra leverages existing card payment infrastructure to facilitate payments on millions of sites online.”
Lyra founder and CEO Griffin Wheeler told us
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