Simplex-powered fiat onramp functionality Guarda Wallet, which is available for web, mobile, desktop and as a Chrome extension, has just added support for instant purchases of XinFin’s XDC token, according to the press release shared by the company.
Now, the users of the wallet will be able to instantly buy XDC with different payment methods, including debit and credit cards, Apple Pay or bank deposits.
We must take into consideration that this integration is an important milestone for the project because its native token XDC is used to pay for transactions and smart contract usage. As a result, the network itself will benefit from the fact that the token can now be easily bought by users.
Guarda’s partner Simplex will make use of its expertise to take care of the whole exchange process.
While the XDC token had been supported by Guarda since 2020, users could not buy it instantly until now.
Ritesh Kakkad, co-founder of XinFin, said:
“It’s important to make XDC as widely available as possible to bootstrap adoption and network effects, and to that point we’re very excited for this new stage of the partnership with Guarda Wallet.”