WE ARE LIVE!!!!

We are ecstatic to announce that Fortmatic is finally going live with the public beta release of our new fiat on-ramp feature! Users can now purchase crypto with credit cards on all applications that have integrated with Fortmatic in a seamless experience.

What buying crypto with credit card looks like on TokenSets (white-labeled)

Users can purchase up to 150 EUR worth of Ether (ETH) or ERC-20 tokens on the spot, without having to go through the tedious KYC process. We’re working hard together with our partner MoonPay to offer this service, who has a great track record powering fiat on-ramp on sites such as Bitcoin.com and Zerion. They will be making sure the payment processing is reliable, providing support, as well as providing fraud protection and absorbing its costs. MoonPay has given us a discounted fee rate of 3.99% instead of 4.5% with a minimum fee of 4.99 EUR. We are aware of the relatively higher fees required for MoonPay to provide quality sustainable service and protection against credit card fraud and have decided not to charge any affiliate fees on top to keep fees lower for users. We are also actively working with MoonPay on getting economies of scale to work so we can offer even cheaper fees in the future.

To further reduce the fees, Fortmatic is offering a Thanksgiving promotion! We are reimbursing the minimum fee of 4.99 EUR worth of DAI to the first 300 users who made a purchase! We’ll also be rolling out Apple and Google Pay, as well as Bank Transfer as alternative fiat on-ramp options in the next coming months for significantly lower fees!

For our international audience, MoonPay will be supported in the following countries (U.S. rolling out soon). If you have any payment or on-ramp related questions, please visit MoonPay’s Help Desk or reach out to their support team at support@moonpay.io. If you have any questions or feedback for Fortmatic, feel free to reach out to us on our Telegram channel @fortmatic, we’re eager to bring the best user onboarding experience!