Non-fungible tokens (NFT) domain name provider Unstoppable Domains is introducing an easier way for users to buy cryptocurrencies on MoonPay, one of the leading infrastructure service providers in the Web3.0 ecosystem.
Losses due to sending funds to the wrong addresses are almost impossible to recover, and native wallet addresses predispose users to a lot of security risks. The partnership between MoonPay and Unstoppable Domains will resolve this avoidable dilemma and make onboard mass users into the Web3.0 space more realistic.
Per the details of the partnership between Unstoppable Domains and MoonPay, clients will be able to use their customized domain names as a wallet when buying assets on the platform.
Rather than the complicated crypto wallet that many crypto traders are used to, a simple ‘.crypto’ domain can easily be deployed in the MoonPay buying flow.
“MoonPay and Unstoppable Domains share a common mission to make it easier for everyone to onboard into the world of Web3,” said MoonPay co-founder and CEO Ivan Soto-Wright, adding that “MoonPay’s checkout product makes topping up crypto wallets with bank cards, Apple Pay, or Google Pay on the front-end smooth and intuitive. Unstoppable Domains streamlines the tail-end of the journey by removing complex strings of digits and characters for public wallet addresses and replacing them with custom domains.”
As a way to commemorate the new integration, Unstoppable Domains said it is giving all old and new MoonPay users a free $40 Domain name credit to help them get started.
“We’re thrilled to be adding MoonPay to our Unstoppable partner family and are excited to work together to make Web3 more intuitive,” said Sandy Carter, SVP of Business Development at Unstoppable Domains. “Whether someone is just starting out in Web3 or is a seasoned cryptopian, our partnership with MoonPay will make their experience simpler.
The duo of Unstoppable Domains and MoonPay are known as core facilitators and advocates of a usable Web3.0 ecosystem and are channeling their funds, efforts, and products.
Image source: Shutterstock
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