MyEtherWallet, MEW, has integrated MoonPay as its partner on/off ramp for all platforms. Customers will have additional access to Ethereum blockchain through this initiative.
MoonPay and MEW Shake Hands
According to CryptoPotato’s document, the collaboration between these entities is intended to lower barriers to entry to the Ethereum ecosystem. It allows users to use credit cards, debit cards and Apple Pay to facilitate crypto-to fiat settlements. MoonPay CEO, Ivan Soto Wright, stated that MoonPay’s goal is to simplify this process.
MoonPay’s mission it to make fiat-tocrypto transactions easier so more people have access to this amazing technology. Our services are available to both crypto-savvy users and those who are new to the technology through our partnership with MEW.
Kosala Hmachandra, CEO and Founder at MEW, stated that his company is always looking for ways to improve the user experience. He believes that MoonPay’s partnership will enable new clients to feel more confident in exploring Ethereum.
MEW was founded in 2015. It provides open-source access and allows people to exchange and manage non-fungible tokens. MEW also offers education services that allow anyone to learn more about the benefits of the digital asset market.
Both entities pledged to celebrate their collaboration by instituting zero fees for MoonPay transactions until March 29, 2022.
MoonPay Purchased a CryptoPunk Worth $3 Million in Ethereum
The fintech payment infrastructure provider bought a CryptoPunk with a zombie theme for 900 Ethereum in January. The transaction was approximately $3 million at the time.
It often acts as a broker for NFT deals with celebrities. It created speculation about the identity of the latest buyer. MoonPay even published a tweet asking people to “guess” the identity of the owner. Fan predictions included famous NBA players and Gordon Ramsay, a well-known chef.
Jimmy Fallon, host of “The Tonight Show”, revealed that he had purchased a Bored Ape NFT via MoonPay. Post Malone, an American rapper, said he did the exact same thing several days later.
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