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Global Fintech Series
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Enkrypt integrates SPACE ID’s Payment ID for seamless CEX transfers
- Enkrypt integrates SPACE ID’s Payment ID solution for easy crypto transfers to centralized exchanges (CEX) across different chains.
- Payment ID simplifies transfers by using human-readable names instead of long deposit addresses, reducing errors.
- Enkrypt users can send crypto to any CEX on any chain with just one simple name.
- Integration includes SPACE ID’s SDK for utilizing domain names for seamless crypto transfers between web3 wallets.
- Enkrypt aims to improve the user experience by making crypto transfers more secure and seamless.
- PAYMENT ID system by SPACE ID launched in April and is integrated with MetaMask and Binance.
- Enkrypt becomes one of the first wallets to natively support Payment ID and SPACE ID's identity infrastructure.
- The collaboration aims to simplify crypto transfers, removing the need for bridging and long deposit addresses.
- Harrison Seletsky from SPACE ID expresses excitement about working with Enkrypt and Unstoppable Domains for a more unified crypto payments ecosystem.
- Kosala Hemachandra of MyEtherWallet & Enkrypt highlights the focus on making crypto and web3 more user-friendly.
- Enkrypt's integration with SPACE ID and Payment ID streamlines the crypto transfer process for users.
- The partnership represents a step towards uniting the web3 space and enhancing interoperability.
- Enkrypt's goal is to simplify crypto and web3 usage for all users.
- The collaboration between Enkrypt, SPACE ID, and Unstoppable Domains aims to simplify crypto transfers and enhance security.
- This partnership showcases efforts to align the web3 user experience with web2 standards.
- The integration offers native support for Payment ID and identity infrastructure, making crypto transfers more user-friendly.
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