The mobile crypto wallet platform BRD now supports Purchase of Crypto through Bank Transfer. It has joined hands with blockchain firm Wyre for this purpose. Customers can buy Bitcoin, Ether, and DAI by simply linking their BRD wallet to their respective bank accounts. They have to make a low-fee transfer as well. Apparently, over 1700 banks in the States will support this new system. The purchase will hardly take five minutes to complete.

BRD’s co-founder Aaron Lasher says that the new system will aim towards implementing better decentralization of the blockchain domain. He further says that current crypto wallets are becoming more centralized which is not favorable for blockchain to thrive.

Apparently, BRD has around $6 billion worth of crypto assets with it. The firm has done a great business starting this year. So, now extending support for the purchase of crypto through bank transfer will be a profitable move for the company.