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Simplex Launched New Product With One-Click Fiat To Cryptocurrency Service

Mary Liu

Summary: Payment service provider Simplex today announced the launch of Simplex Banking, which provides one-click fiat to cryptocurrency trading service. The new product aims to allow crypto service providers (exchanges, wallets, crypto-friendly merchants, etc.) to help more users trading crypto with fiat currencies, even in areas with underdeveloped banking systems. Simplex Banking service is fully regulated, ...

Payment service provider Simplex today announced the launch of Simplex Banking, which provides one-click fiat to cryptocurrency trading service. The new product aims to allow crypto service providers (exchanges, wallets, crypto-friendly merchants, etc.) to help more users trading crypto with fiat currencies, even in areas with underdeveloped banking systems. Simplex Banking service is fully regulated, licensed, and implements KYC policies. Each user has an IBAN (International Bank Account Number) to ensure legal payment. Currently, OKEx, Poloniex, Huobi, Binance and many other service providers have joined the Simplex Banking Supporters Club.

By Mary Liu

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