CoinEx, Simplex partner to offer credit card payments of cryptocurrencies – IBS Intelligence

CoinExCoinEx, a global and professional cryptocurrency exchange service provider, has partnered with the fiat infrastructure provider Simplex, with the aim to make cryptocurrency buying more convenient on CoinEx. This collaboration enables users to purchase major cryptocurrencies like Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) and USDT with Visa or MasterCard credit cards. Various fiat currencies including USD, EUR and CAD are supported on the platform.

Haipo Yang, Founder & CEO, CoinEx said, “We are thrilled to be partnering with Simplex to lower the threshold for more people to enter the crypto world. This is also a milestone for CoinEx, as it’s the first fiat onramp we integrated to our platform. We endeavor to provide our current and potential users with more convenient functions.”

“Our goal in 2020 is to cover at least 10 different languages speaking markets, and building a fiat gateway is our first move to attract more users around the world,” said Yang.

As a global and professional cryptocurrency exchange service provider, CoinEx was founded in December 2017 with Bitmain-led investment and has obtained a legal license in Estonia. It is a subsidiary brand of the ViaBTC Group.

Nimrod Lehavi, Co-Founder & CEO, Simplex enunciated, “Enabling fast and secure credit card payments is a key step to mass crypto adoption. We are excited to partner up with CoinEx and bring a better and easier experience to users worldwide.”

Licensed in the EU, Simplex is the leading fiat infrastructure for the crypto world, providing guaranteed fraudless payment processing solutions. Founded in 2014, it is based in Israel with a subsidiary in Lithuania.

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