- The new Unstoppable Domain can be linked with the majority of the wallets and can be used around web3.
- The domain stays in the Ethereum or Polygon wallet and is possible to transfer or list similar to an NFT.
- MoonPay users can now buy crypto with a domain like “.crypto” and “.nft.”
MoonPay has simplified the way to send as well as receive both NFTs and crypto by adding support for Unstoppable Domains.
Unstoppable domains refer to readable, customizable names that function as one’s identity over web3.
An Unstoppable Domain can work like an alias for a wallet address; thereby, converting a lengthy, complicated address into an easy and simple one. For instance,
The address ‘my5wA7NLUuu2onPn1buY97YdYuTDzUSJgv’ can be shortened to ‘yourname.coin.’
Now users do not need to remember the long wallet addresses, which will also curb the possibilities of sending assets mistakenly to the wrong address.
Ditch your long wallet address.— MoonPay (@moonpay) July 13, 2022
Buy crypto with your customizable domain name from @unstoppableweb instead. ✨
Unstoppable Domains allows you to have a custom domain name so you no longer need to memorize your 26+ character wallet address. pic.twitter.com/z0fh9zLXsC
MoonPay users can use Unstoppable Domain in any of its partner widgets as well as on its website.
MoonPay co-founder and CEO, Ivan Soto-Wright, said:
This is a big step towards making transactions more intuitive for our users.
He further said that easy to remember and short domain addresses help to remove a layer of friction in the journey of a customer and will offer a seamless user experience.
If there’s no Unstoppable Domain, one can search their name to find out what’s available. Once they buy and mint it, it will permanently become theirs without any renewal fees.
Sandy Carter, SVP of Business Development at Unstoppable Domains, expressed excitement on adding MoonPay to Unstoppable and allowing people to buy crypto directly with an Unstoppable Domain on MoonPay.
Unstoppable Domains is compatible with popular cryptocurrency wallets like Bitcoin.com, Trust Wallet, MyEtherWallet as well as NFT marketplaces such as OpenSea.