Ethos Users Can Now Directly Purchase Crypto Using Its Universal Wallet

Through its new collaboration with Simplex, Ethos presents a wide opportunity for its users to perform credit card transactions right from its app and universal wallet.


Ethos is basically cryptocurrency storage and tracking platform that operates on the blockchain. Recently, it declares its partnership with Simplex to allow and embrace crypto purchasing functionality via its Universal Wallet.


As per the announcement, this latest functionality is introduced with the Universal Wallet with v1.6 update. Moreover, it allows clients to purchase Bitcoin along with other several altcoins now through credit and debit cards. Also, the CEO and founder at Ethos, Shingo Lavine mentions:

Ethos is excited to offer a wealth of dynamic capabilities to consumers. The Universal Wallet will become the most accessible way for people to safely interact with cryptocurrencies using innovative services such as Simplex.

Currently, the functionality of Simplex supports direct purchases from a credit card for leading cryptocurrencies such as Ripple XRP, Ethereum ETH, Bitcoin BTC, Bitcoin Cash BCH, and Litecoin LTC. The CEO at Simplex, Nimrod Lehavi states:

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. We are able to achieve this thanks to our advanced machine learning AI algorithms and broad accumulated experience as security experts.

The company Ethos has also added TrueUSD (TUSD) to its listing, which seems an exchange-independent stablecoin already backed 1-for-1 with USD.

How can you directly start purchasing cryptocurrency with Simplex in your Universal Wallet? Let’s get in details!

  • Initially, the user needs to download the wallet right from the iTunes or via Google Play App-Store
  • Then create an account, on the platform confirm the email address  and finally create the initial SmartWallet.
  • Click on the “Buy Crypto” Button  to link your payment details. A user needs to finish up with the account registration process.
  • Wind up your purchase then, your crypto will display the payment approval right in your Universal Wallet.

What do you think about Ethos users purchasing crypto using universal wallet? Share your thoughts on our Twitter and Facebook pages.

Also Read : Crypto Exchanges | Crypto Wallet | Earning Sites |



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Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Delma Wilson

Delma is a B2B Content Marketer, Consultant, Blogger in the field of Blockchain, and Cryptocurrency. In her spare time, she loves to blog, play badminton and watch out ted talks. She likes pets and shares her free time with NGO.

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