MyEtherWallet (MEW), a free, open-source, client-side interface for generating Ethereum wallets, announced today that it has partnered with Simplex, a fintech company that provides worldwide fraudless payment processing, to enable Ethereum credit card purchases.
Howdy MEWfam! ?
We thought that we’d make using MEW easier for you, so we’ve partnered up with @SimplexCC, which allows you to directly buy ETH without having to go to an Exchange! Once you’re verified, your ETH will show up in your MEW wallet! ?https://t.co/RlNOPR7LgH
— MyEtherWallet.com (@myetherwallet) July 19, 2018
According to the announcement, users may now bypass exchanges to directly purchase Ethereum instantly and securely, anywhere in the world. This adds significant functionality to the current token swap protocol already available on MEW, which is powered by Bity and Kyber Network.
Users will have to go through an easy, one-time Know Your Customer process (to ensure we aren’t supporting any money laundering or shady business). Once you’ve been verified, purchases will begin to appear in your wallet.
Notably, users will have the ability to use their Visa and MasterCard credit cards to make purchases.
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.