MyEtherWallet adds a new feature that allows you to buy cryptocurrency with a credit card

MyEtherWallet strides forward

One of the most popular purses for storing cryptocurrencies based on Ethereum, MyEtherWallet, has added a new feature that allows you to use a new payment option to buy cryptocurrencies. A new feature allows MyEtherWallet users to purchase cryptocurrencies using credit cards.

Despite the attacks that the company has recently encountered, MyEtherWallet always seeks to improve the quality of its services, making the wallet more convenient for its users. For the operation of the new function, the company collaborates with Simplex with their simple integration of credit card support.

According to Nulltx, Simplex, known for its anti-fraud methods supported by AI, said that they would consider suspicious attempts to buy cryptocurrency.

To use the new feature, users need to make sure that the credit card issuing banks allow such transactions. This is crucial because many banks around the world have disabled this feature and refused to process this type of payment. Users also need to go through the verification process required by MyEtherWallet in advance.

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