Ethos Introduces Direct Crypto Purchases in Its Universal Wallet

via Ethos

Ethos (ETHOS), a cryptocurrency storage and monitoring platform built on the blockchain, announced Wednesday that it has partnered with Simplex to bring the company’s crypto purchasing functionality to the Universal Wallet.

According to the announcement, the new functionality comes with the Universal Wallet v1.6 update, enabling users to purchase Bitcoin and several altcoins with credit and debit cards.

“Ethos is excited to offer a wealth of dynamic capabilities to consumers,” says Ethos CEO and founder Shingo Lavine. “The Universal Wallet will become the most accessible way for people to safely interact with cryptocurrencies using innovative services such as Simplex.”

Simplex’s functionality currently supports direct credit card purchases for the major cryptocurrency, including XRP, ETH, BTC, BCH and LTC.

“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 transaction are completely fraud-free,” added Simplex CEO Nimrod Lehavi. “We are able to achieve this thanks to our advanced machine learning AI algorithms and broad accumulated experience as security experts.”

Ethos also recently announced the listing of TrueUSD (TUSD), an exchange-independent stablecoin backed 1-for-1 with USD.

More: Buy Crypto Using Simplex Directly in Your Ethos Universal Wallet

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.

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