Enkrypt & SPACE ID Team Up: Payment ID Revolutionizes CEX Transfers

No more wallet whiplash—Enkrypt just plugged SPACE ID's Payment ID into its system, turning CEX transfers from a multi-step migraine to a one-click breeze.

How it works:

The integration lets users ditch the copy-paste tango of wallet addresses. Payment ID acts as a universal translator between exchanges and self-custody wallets—finally making interoperability feel interoperable.

Why it matters:

Centralized exchanges still control 85% of crypto liquidity (for now). This bridges the gap between TradFi convenience and DeFi sovereignty—without the usual 'your keys, your coins' sermon.

The cynical take:

Another band-aid for CEXs scrambling to stay relevant as real decentralization creeps in. But hey—if it saves normies from sending ETH to Binance's BSC address again, we'll call it progress.