The main goal of Ethos is to enable an open financial system for cryptocurrency users worldwide through a secure and secure blockchain platform.
Starting from 29 Octoberth, as shown in a preview on Ethos Universal Wallet, registered users can easily buy some of the biggest cryptocurrencies on the market.
Thanks to Simplex, Ethos users can now easily purchase Bitcoin (BTC), Litecoin (LTC) and Ethereum (ETH) in a simplified way through the announced application.
Ethos.io and Simplex Agreement lead to simplified trading with BTC, LTC and ETH
As originally announced several months ago, in mid-August of the current year, the Ethos.io platform has signed an agreement with Simplex, promising to offer an immediate fiat purchase service.
In accordance with the latest announcement published by Ethos.io on 29 OctoberthTwitter users and followers of the official channel of this platform could take a peek at the way Bitcoin, Ethereum and Litecoin can be exchanged for the latest application.
Here's a preview of how Ethos Universal Wallet users can buy crypto in the app, using Simplex. This function of Fiat Gateway is scheduled to be released, post-test, in our update after the next update 1.6. We are excited to bring this functionality into our community! pic.twitter.com/VyrsCJe9cr
– Ethos.io (@Ethos_io) 29 October 2018
Simplex represents a financial technology company with the main objective of allowing purchases without fraud, so the agreement with Ethos.io seems more than adequate.
When will the integration app Will Simplex and Ethos.io become available for commercial use?
The application that should become an integral part of Ethos Universal Wallet should allow users to easily create instant exchanges with Bitcoin, Ethereum and Litecoin.
However, only a demonstration of application efficiency is currently available in the form of a demo released on Twitter, while the official version should be ready for commercial use once the next update is released, 1.6.
The integration is called the Fiat Gateway and should be tested before being released in the new version 1.6, allowing users to easily access a secure exchange market within Ethos Universal Wallet.