Pundi X collaborates with MEW to bring complete Ethereum access and control of private keys to XWallet users
We are happy to announce that we are partnering with MEW (MyEtherWallet), one of the pioneering names in the blockchain industry, to integrate their services into our XWallet app.
The integration with MEW’s interface will bring the full functionality of the Ethereum blockchain to users of XWallet. Via the technology from MEWconnect, which brings the benefits of a hardware wallet to smartphone devices, XWallet users can now store tokens and Ether on an Ethereum address which can be treated like a savings account.
Millions of MEW users can now send tokens to their XWallet when paying for services and goods with merchants using XPOS, Pundi X’s fiat and crypto point of sale solution for retailers, across 30 countries around the world.
“In our mission to build the best possible product for our consumers, it is an honor for us to work with one of the trailblazers in the crypto wallet space. With MEW on board, XWallet users will have an even better and more holistic experience using the app,” said Zac Cheah, Co-Founder and CEO of Pundi X.
“MEW was created with the goal of empowering crypto enthusiasts with a secure wallet solution, and that’s the expertise we’re bringing to the XWallet. Together with Pundi X, we’re creating a safer space for XWallet users to store and move their crypto assets,” said Kosala Hemachandra, Founder and CEO of MEW.
The features that MEW brings to the table will give users more control over their crypto assets and provide access to the full range of opportunities that the Ethereum blockchain has to offer.
More secure
One of the biggest additions brought about by the partnership is how XWallet users will now be able to own their private key through MEW, which will serve as an additional safeguard for their crypto transactions. While we had previously been managing our users’ private keys, this feature will enable XWallet users to have more say over how their crypto assets are handled.
“XWallet users have been asking about private keys for a while now, so we’re happy to meet their needs with this partnership,” added Cheah. “We take security very seriously, and we see this integration as a major step forward in making the XWallet more reliable.”
This integration will give those with an XWallet a choice on how they would like to handle their crypto assets with the option to own their private keys. Users will be able to access MEW’s full web interface so they can explore Dapps, DeFi tools, token swaps, NFTs, and ENS management, all while safely keeping their keys in the app.
XWallet also gives KYC approved users who are holding Pundi X’s NPXS tokens the option to stake for f(x) tokens using MEW till March 2020. For more information on the staking process, please refer to this post.
About MEW
MEW (MyEtherwallet) is the world’s original Ethereum wallet interface, which is free, open-source and secure. MEW empowers its users to interact directly with the blockchain while remaining in full control of their keys and funds. For more information, please visit https://www.myetherwallet.com
