RATE Group | CoinEx and Simplex Form Global Partnership to Offer Credit Card Payments of Cryptocurren…
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CoinEx and Simplex Form Global Partnership to Offer Credit Card Payments of Cryptocurren…

31 Mar CoinEx and Simplex Form Global Partnership to Offer Credit Card Payments of Cryptocurren…

Posted at 08:38h in Cryptocurrency News by

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HONG KONG — CoinEx, a global and professional cryptocurrency exchange service provider, has reached a new partnership with the leading fiat infrastructure provider, Simplex. It makes cryptocurrency buying more convenient on CoinEx.

This collaboration enables CoinEx users to purchase major cryptocurrencies like Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) and USDT with their Visa or MasterCard credit cards directly. Various fiat currencies including USD, EUR and CAD are supported.

“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,” said Haipo Yang, Founder and CEO of CoinEx.

Simplex only charges a processing fee of 3.5% per transaction (minimum 10 USD). The daily limit per user is 20,000 USD, while the…

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