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Enkrypt integrates SPACE ID's Payment ID for seamless CEX transfers


News provided by

SPACE ID

Jun 20, 2025, 09:00 ET

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Full SDK integration radically simplifies crypto transfers across leading chains

SINGAPORE, June 20, 2025 /PRNewswire/ -- 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.

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SPACE ID
SPACE ID

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 SPACE ID was the perfect partner to continue this endeavor!"

With this integration, Enkrypt becomes one of the first wallets to offer native support for both Payment ID and SPACE ID's universal identity infrastructure, radically simplifying the crypto transfer process for its users. 

The multi-chain collaboration between three leading payments and digital identity players is just one step in SPACE ID's mission to unite the web3 space and make it truly interoperable, removing the need for bridging, copy-and-paste errors, and lengthy deposit addresses.

About SPACE ID
SPACE ID is the leading digital identity platform, powering trustless identity solutions for users, AI agents, dApps, and beyond. With over 6.7M registered domains and 2.7M owners supported across BNB Chain, Arbitrum, Ethereum, Story Protocol, and more, SPACE ID is setting the standard for secure and verifiable web3 identities.

To learn more about SPACE ID, users can visit https://space.id/ 

About Enkrypt
Enkrypt is a multichain, self-custodial, and open-source web3 wallet developed by MEW(MyEtherWallet), the same team that has made Ethereum easy and secure to use since 2015. Enkrypt allows users to manage all their crypto assets and access favorite DApps across multiple chains and ecosystems, including Ethereum/EVM, Bitcoin, Solana, Polkadot, and beyond.

Enkrypt enables multichain convenience like never before by allowing account and chain switching with a single click, with one recovery phrase for all accounts. Featuring hardware support, phrase import, and multiple accounts across various networks, Enkrypt is a wallet that goes anywhere users need to go in web3. Welcome to the multichain future.

To learn more, users can visit https://www.enkrypt.com/ 

Press Contacts

SPACE ID
Anna Fedorova
[email protected] 

Enkrypt
Vince Major
[email protected]

Contact
Managing Director
Anna Fedorova
Block3 PR
[email protected] 

Photo - https://mma.prnewswire.com/media/2715514/SPACE_ID_Photo.jpg

SOURCE SPACE ID

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