VerifiedX Integrates MoonPay Enabling Payment Ramps in VFX SwitchBlade Wallets

The VerifiedX (VFX) Network (VerifiedX.io) has launched a non-custodial on-ramp and off-ramp integration with MoonPay, a leading provider of payment infrastructure for fiat to crypto conversions, within the VFX SwitchBlade native wallet. This integration with MoonPay will support in-wallet on-and-off-ramps for Bitcoin, PayPal USD (PYUSD), Ripple USD (XRPL), USDC (ERC-20), USDC (Base), USDT (ERC-20), USDT Binance Smart Chain (BEP-20), Ethereum (ETH), and Litecoin (LTC). This integration is a full self custodial solution available in 180 countries and provides users with the ability to on-and-off-ramp with debit card, credit card, Apple Pay, Google Pay, PayPal, Venmo and MoonPay Balances.

Providing robust in-wallet and self custodial options for everyday users to be able to plan, transact, save, spend, and vault Bitcoin, VFX funds, and digital assets are the cornerstone of the VerifiedX ethos. As the first universal layer 1 and Bitcoin reliever chain, the network dramatically reduces costs and frictions for everyday  users around the world and now provides additional layers of convenience and empowerment with MoonPay activating instant in-wallet usability.

Additionally, it is anticipated that other features such as swaps, pay with crypto, and native VFX support is anticipated and will be announced as well.

VerifiedX – VFX (VerifiedX.IO) is the first open-source decentralized network that is both a universal layer 1 and a Bitcoin specific sidechain / reliever chain, for the purpose of tokenized self-custody, on-chain storage, and peer-to-peer commerce of both digital & physical assets. The networks native coin (VFX) can be accessed either directly in-wallet or on exchange at BitMart.

Verified Bitcoin (vBTC) enables anyone the ability to save, spend, withdraw, borrow, lend, mint & transfer media / documents, and vault actual Bitcoin with on-chain recovery features eliminating the need for third-parties or hardware wallets, through a feature rich simple text smart contract. This incredibly unique Bitcoin token provides for enhanced privacy with near-instant transaction finality, all with near-zero fees. Verified Bitcoin tokens are transferable in any denomination completely peer-to-peer, so long as they have a native Bitcoin balance and always maintain a fully decentralized and non-custodial evergreen 1:1 peg. This means that 1 vBTC will always equal 1 BTC and token owners may withdraw their underlying Bitcoin anytime with a ‘one-click’ multisig action or off-ramp the token itself, in whole or in part, at any participatory liquidity provider.

This empowering development will inevitably help provide congestion relief for the Bitcoin network, dramatically reduce Bitcoin holders cost of ownership and transfers, enable media embedding, and increase self-custodial security exponentially, adding immediate utility to holders of the largest digital asset class. It is anticipated that Verified Bitcoin may also help facilitate additional native scarcity with Total Value Vaulted (TVV) over time on VerifiedX Vaults.

For Further Inquiries:

Website: https://verifiedx.io/

Discord: https://discord.gg/7cd5ebDQCj

Twitter (X)): https://twitter.com/vfxblockchain

Github: https://github.com/verifiedxblockchain

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