MyEtherWallet, a wallet account site mainly for Ethereum, made a significant announcement on the 17th of July, 2018, that ETH can be purchased in USD or EUR on MEW, just by swiping a credit card, courtesy is given by Simplex, a leading fraudless payment processing provider for the Crypto world.
** MEWsers! **
We have an exciting update!
YOU now have the power to purchase ETH in USD or EUR on MEW, courtesy of @SimplexCC!
— MyEtherWallet.com (@myetherwallet) July 18, 2018
This update was announced on the Twitter handle of MyEtherWallet. This update was made mainly due to the integration of USD and EUR. The users can swipe their credit cards (MasterCard and Visa), to make transactions.
MyEtherWallet is a web wallet that allows you to store ethereum and erc20 based digital assets. MyEtherWallet is not an exchange. MyEtherWallet does not store any information such as a private key or transaction.
Simplex is a fintech company that provides worldwide fraudless payment processing. With a proven track record in precarious cryptocurrency environments, Simplex’s technology allows exchanges, brokers, wallets, merchants, and marketplaces to conduct business online with complete fraud protection
The Following are the Steps to buy ETH on MyEtherWallet.com –
- Click on “Swap” on the homepage of MEW.
- Click on “Buy ETH with Visa, MasterCard.”
- Fill in the price, amount and ETH Address,
- Follow the remaining steps by the instructions given.
The recent Bitcoin price hike by $800 has led MEW to take this significant action. This was a massive boom in the Cryptocurrency market. Bitcoin spiked upto 22% since last week from $6,150 to $7,500.