Enkrypt integrates SPACE ID’s Payment ID for seamless CEX transfers
The post Enkrypt integrates SPACE ID’s Payment ID for seamless CEX transfers appeared on BitcoinEthereumNews.com.
Singapore City, Singapore, June 20th, 2025, Chainwire Full SDK integration radically simplifies crypto transfers across leading chains Leading digital identity platform SPACE ID is pleased to announce that Enkrypt, the multi-chain wallet developed by MyEtherWallet (MEW), has integrated its Payment ID solution, which allows Enkrypt users to send crypto to any centralized exchange (CEX) on any chain with just one simple name. Payment ID replaces clunky 42-character deposit addresses with a human-readable name, like ‘alice’, mapped to all CEX deposit addresses on any chain, drastically reducing the risk of copy-paste errors or wrong address deposits that still plague the web3 space. Payment ID doesn’t even require a domain name – just a simple registration with an email address. On top of this, Enkrypt has integrated SPACE ID’s proprietary SDK, which allows wallet users to use any SPACE ID domain name, such as .bnb and .arb, as well as Unstoppable Domains’ native domain, .crypto, for seamless crypto transfers between web3 wallets, including MetaMask. Harrison Seletsky, Director of Business Development at SPACE ID, says: “We’re excited to be working with two leading infrastructure projects in the web3 space – Enkrypt and Unstoppable Domains – to finally begin creating a more unified and interoperable crypto payments ecosystem.” SPACE ID’s Payment ID system officially launched in April on MetaMask and Binance. This latest integration marks another step toward making crypto transfers from web3 wallets to CEXs more seamless and secure, ultimately bringing the web3 user experience closer to what users are accustomed to in the web2 world. Kosala Hemachandra, CEO and Founder at MyEtherWallet & Enkrypt, says: “It has been our goal from day one, nearly a decade ago, to make crypto and web3 easy for normal people to use. Adding multi-chain support for domain names and Payment ID aligns with our vision, and…
Filed under: News - @ June 21, 2025 4:27 am