Guarda Wallet to allow instant purchase of XDC via bankcards, bank wire, Apple Pay

By: Daniela Kirova
Daniela Kirova
Daniela was born in Bulgaria, grew up in Chicago, and then moved to Michigan to attend the University of… read more.
on Jul 30, 2021
  • Users can pay for transactions and smart contract usage using XDC.
  • Guarda supports thousands of cryptocurrencies, more than 50 leading blockchains
  • XinFin's platform is based on an enterprise-optimized version of Ethereum

Thanks to its fiat onramp functionality powered by Simplex, Guarda Wallet now offers instant buy support for XinFin’s XDC token (XDC/USD). Users of the wallet can purchase the token instantly via bank transfer, Apple Pay, and debit and credit cards. The new integration with Simplex is an important addition because you can pay for transactions and smart contract usage using XDC. Ultimately, this opens the network up to a larger user and developer community. Simplex takes care of the conversion, offering mainstream adoption and extensive expertise to make the exchange process simpler and more straightforward.

Guarda supports dozens of major blockchains

Guarda has supported the XDC network since last year, but the instant buy feature is a recent development. The multicurrency wallet supports thousands of cryptocurrencies, more than 50 leading blockchains, and tens of stablecoins. It’s available for desktop, web, mobile, and as a Chrome extension.

XDC focuses on enterprise customers

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The network picked up where J.P. Morgan left off with the Quorum project. Ever since it was created, XinFin has emphasized partnerships with enterprise customers to help blockchain tech go mainstream. The platform is based on an enterprise-optimized version of Ethereum (ETH/USD) and guarantees performance thanks to its XDPoS consensus mechanism.

Guarda CEO Paul Sokolov said:

“We believe in the XinFin mission and support the project, and are very happy to be offering a sleek and easy integration to instantly buy XDC on our app. Many users want something simpler than placing orders on an exchange, and that’s the need we are satisfying through a partnership with Simplex.”

XinFin cofounder Ritesh Kakkad added:

“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.”

Ari Last, VP of Business Development at Simplex, expressed delight at the opportunity to add support for XDC:

“Crypto should be accessible to all, and through this partnership with XinFin and Guarda, we are one step closer towards that goal.”

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