Coinex Partners With Simplex to Offer Crypto Payments by Credit Card
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The collaboration would lead to easy cryptocurrency buying for Coinex users. It provides the option to use their Visa or MasterCard to buy top cryptocurrencies such as bitcoin(BTC), Bitcoin Cash (BCH), Ethereum and Litecoin etc.
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Coinex And Simplex, a Perfect Combination
Founder and CEO of Coinex expressed his joy at joining hands with Simplex and stated that the main intention of this partnership was to lower threshold to open the doors for more people to enter the cryptocurrency space. He went on to add that " This is also a milestone for CoinEx, as it’s the first fiat onramp we integrated into our platform.” He also added that they will deliver the goods and satisfy their current and new users by giving them a user-friendly experience.
With a processing fee of 3.5% per transaction if the minimum amount is 10 USD its easy see why Siplex appealed to Coinex as a perfect partner. The monthly limit on Simplex has been set at 50,000 USD, and a user can avail 20,000 USD per day.
The co-founder and CEO of Simplex stated that credit card rapid payments is essential in order to trigger further cryptocurrency adoption and the partnership with Coinex would provide just that to the users.
Coinex has established itself as a prominent name in the cryptocurrency space and in December last year also got an official operating license in Estonia. Coinex, the subsidiary brand of ViaBTC Group, it boasts involvement in more than a hundred quality projects. It supports perpetual contract, spot, margin trading and other derivatives trading,
Haipo, also stated that they've ambitious plans in 2020 as they hope to cover ten different languages speaking markets and enable a fiat gateway to bring more users on board.
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