Lately, there have been so many improvements going on in the crypto world, specifically, the wallet services provider have been working relentlessly just to make sure that the blockchain industry continues to grow in strength.
Myetherwallet has finally made it possible for people to purchase ethereum with their credit cards. However, there are few solutions towards storing ethereum and Erc20 tokens in a well secured place but MEW saw to it that this difficulty is completely eliminated by providing a well-documented and in-built support for cryptocurrency hardware wallets, making life easier and sweeter for a lot of people out there. They also extended their services towards making the use and accessing of funds more easier.
It would be right for one to say that MEW has already achieved it’s peak but the team didn’t just relax at that point, rather they went further to introduce yet another mind-blowing feature to their which is capable of attracting even more potential users in the coming years.
It would be however worthy to take note that myetherwallet didn’t just introduce this new feature of theirs, all alone but received assistance from a company called SIMPLEX, which have been around in the cryptocurrency world for quite some time now.
Simplex uses it’s AI algorithm and fraud-fighting techniques to ensure that the credit card support is very straightforward for cryptocurrency service providers. This company takes action for any fraudulent attempt to purchase ether, rather than leaving the whole job for MEW to do.
This new feature is made in such a way that it requires a verification process before one would be able to access the new feature. It is so, because the two companies involved wants to maintain it’s integrity and as well, win the trust of it’s users.