The main objective of Ethos is to enable an open financial system for cryptocurrency users around the globe through a safely established and secure blockchain platform.
As of October 29th, as showcased in a preview of Ethos Universal Wallet, registered users will be able to easily purchase some of the largest cryptocurrencies in the market.
Thanks to Simplex, Ethos users will now be able to easily buy Bitcoin (BTC), Litecoin (LTC), and Ethereum (ETH) in a simplified manner via the announced application.
Ethos.io and Simplex Agreement Bring Simplified Trading with BTC, LTC, and ETH
As originally announced several months back, in mid-August of the current year, Ethos.io platform entered an agreement with Simplex, promising to bring instant fiat purchase service.
In accordance with the latest announcement released by Ethos.io on October 29th, Twitter users and followers of the official channel of this platform could take a sneak peek into the way Bitcoin, Ethereum, and Litecoin can be traded with the latest application.
Here is a sneak peak at how Ethos Universal Wallet users will be able to purchase crypto in the app, using Simplex. This Fiat Gateway feature is set to be released, post-testing, in our update after next, update 1.6. We are excited to bring this feature to our community! pic.twitter.com/VyrsCJe9cr
— Ethos.io (@Ethos_io) October 29, 2018
Simplex represents a financial technology company with the main objective of allowing for fraud-free purchases, so the agreement with Ethos.io seems more than suitable.
When Will Simplex and Ethos.io Integration App Become Available for Commercial Use?
The application that should become an integral part of Ethos Universal Wallet should enable users to easily maker instant trades with Bitcoin, Ethereum and Litecoin.
However, only a demonstration of the application’s efficiency is currently available in form of a demo released on Twitter, while the official version should become ready for commercial usage once the next update, 1.6 is released.
The integration is called Fiat Gateway and should be tested prior to being released to the new upcoming version 1.6, that way enabling users to easily gain access to a safe exchange market within Ethos Universal Wallet.