More

    MyEtherWallet Partners Up with Simplex to Simplify Crypto Buying Process

    MyEtherWallet (MEW) has recently revealed its partnership with Simplex, a fintech company that specializes in fraudless payment processes. The announcement was voiced through Twitter in which MEW shared the partnership, along with a potential instant way of getting to one’s cryptocurrency holdings.

    The tweet reads as follows:

    MEW shared an elaborate post on Medium indicating how the partnership will benefit fellow MEW supporters. It seems to be as simple as owning a credit card, and the mindset to purchase cryptocurrencies. Whether this implies to new or existing users is unclear.

    However, MEW specifically addressed existing users, by stating that they will be “simplifying the entire cryptocurrency-buying process, while making it instant and secure.” Users also have the option of ignoring the step of signing into crypto exchanges.

    How might this be possible? All of this was made possible due to the integration of Simplex’s “fraud fighting technology” on the MyEtherWallet platform, which allegedly made it possible to “easily open the door” to anyone wishing to purchase cryptocurrencies with traditional credit cards.

    According to the MEW team, users will have to undergo a one-time Know Your Customer (KYC) process, which will validate the identity of each user to ensure that he or she is not part of any illegal activities. Upon completing the verification processes, users will immediately find their purchases accumulating in their respective wallets.

    In order to get started, users are advised to set up a MyEtherWallet, prior to making any given purchase. To find out more, check out: https://www.myetherwallet.com/#swap

    Get Free Email Updates!

    *Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

    I will never give away, trade or sell your email address. You can unsubscribe at any time.

    Avatar
    Bitcoin Exchange Guide News Team
    B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    3,261FansLike
    2,728FollowersFollow
    4,098FollowersFollow

    Live Bitcoin Price & Latest BTC Chart News

    Today's Latest Crypto News

    Crypto Luddite Peter Schiff's Bitcoin FUD Shows Him Up As Wilfully Ignorant

    If you're someone who grew up in the swinging sixties trying to get to grips with contraptions like typewriters and cassette tapes, ogling bikini...

    BlockFi To Cut Rates For ‘Tier 1' BTC And ETH Lenders While Boosting ‘Tier 2' Starting Feb 1

    BlockFi announced changes in its Bitcoin (BTC) and Ethereum (ETH) lending yields starting Feb. 1. Changes follow the increasing price and interest in...

    MENA’s Unbanked to Drive Crypto Adoption While China’s 5G SIM Cards to Enable Digital Payments

    In MENA region, two-thirds of people unbanked but over half of the countries have 70% mobile subscriber penetration rate China Telecom working on...

    Are Mining Death Spiral Believers Holding Bitcoin's Price From Jumping?

    Bitcoin hash rate down at 118 Th/s from ATH of 126 Th/s hit on the day BTC price jumped to $9,000 A risk...

    Japanese Lawmakers Are Open to Issuing A Digital Yen To Compete With Libra, Digital Yuan

    A group of Japanese lawmakers from the ruling party came forward with the proposal of Japan issuing its own digital currency. It seems China’s determination...

    BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.