Ethos Partners With Simplex for Fiat to Crypto Purchases with Credit Cards
Ethos Announces Simplex Agreement Accelerating Phase Of Fiat Gateway
Ethos has announced an integration with Simplex, a global instant fiat purchase service enabling bitcoin and altcoin purchases with credit and debit cards.
Ethos aims to create a financial ecosystem that is open, safe and fair for everyone by harnessing the power and autonomy that cryptocurrencies provide. The Ethos Universal Wallet provides a secure, self-custodied mobile wallet where the user is in control of funds at all times.
Ethos Universal Wallet gives users the power to store, track, send and receive more than 100 tokens.
This agreement allows Ethos to accelerate the first phase of the fiat gateway and provide Ethos customers with a safe and seamless method for converting between fiat and cryptocurrency. Paired with the Shapeshift integration, users will be able to gain access to dozens of cryptocurrencies and tokens using fiat.
Ethos founder and CEO Shingo Lavine said Ethos is excited to offer a wealth of dynamic capabilities to consumers and that the Universal Wallet will become the most accessible way for people to safely interact with cryptocurrencies using innovative services such as Simplex.
On their part, Nimrod Lehavi, CEO and co-founder of Simplex said as Ethos expands its service offering, Simplex is proud to play a fundamental role in offering seamless, easy conversion between fiat and cryptocurrencies while ensuring transactions are completely fraud-free. He added that they are able to achieve this thanks to their advanced machine learning AI algorithms and broad accumulated experience as security experts.
Ethos is a leading cryptocurrency services provider that is building a bridge between the blockchain and existing financial institutions and systems.
Simplex is a fintech company that provides online merchants with fraud-free payment processing. Our goal is to make online commerce safe. Based on advanced AI technology, Simplex's automated system facilitates processing online payments while assessing risk with maximum speed and accuracy.