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Quick grip:
- Bakkt’s Bitcoin and Crypto app is now available for those who have signed up for early access
- Current features include cash (USD) deposits / withdrawals and Bitcoin trading
- More features will be added over time
- The first users / testers were asked to provide feedback
- The Bakkt mobile app is another giant step towards Bitcoin and cryptocurrency adoption
Bakkt’s highly anticipated mobile app is now available for those who have signed up for early access. Participants in the Early Access Program were notified of the Bakkt app availability via an email sent on November 11th.
The email also urged users to provide valuable feedback on the mobile app as soon as they started using it. The Bakkt team welcomed early access users with the following statement.
We are thrilled to welcome you to the Bakkt Early Access Program, which means you have access to the Bakkt app today! Both as an early adopter and as one of the first people never To use the Bakkt App, we hope you take some time to provide valuable feedback to our team on the Bakkt experience.
Features currently available to early access users
The email went on to explain that Bakkt’s development team will be rolling out new features in the weeks to follow. Meanwhile, the Bakkt Bitcoin and Crypto app currently has the following available for early access users.
- Cash (USD) deposits and withdrawals (with a $ 20 reward for linking a bank account – valid for 7 days)
- Aggregation of loyalty accounts and participating rewards
- Bitcoin (BTC) trading
Additionally, the following features will soon be added to the Bakkt Bitcoin and Crypto app.
- Instant Cash Deposits (USD)
- Supported gift card aggregation and purchase
- Bakkt Cash experience in the Starbucks® mobile app
What this app means for Bitcoin and Crypto adoption
The Bakkt Bitcoin and crypto app was scheduled for summer launch. One of the reasons for a possible delay in launching the app is the current global situation with respect to COVID19.
However, what matters is that the Bakkt app is now available for those who have signed up for early access. The Early Access Program is still open to those who wish to try the Bakkt mobile app by visiting https://www.bakkt.com/signup.
The availability of the Bakkt mobile app also occurred a day before US PayPal users were granted access to purchase Bitcoin and cryptocurrencies on their accounts.
Both PayPal and Bakkt offer investors and traders the opportunity to invest in BTC and various cryptocurrencies, it is the adoption that many cryptocurrency enthusiasts have been waiting for for over a decade. Therefore, it is only a matter of time before Bitcoin and cryptocurrencies are used to pay for goods and services more efficiently than cash or even credit / debit cards.
