In the meanwhile, Nimrod Lehavi, Simplex CEO, underscored that leveraging the use of credit cards plays a key role in facilitating mass crypto adoption.
Simplex gathering pace
This is not the first time Simplex, which is headquartered in Israel, strikes a major partnership. Recently, Liquid, a cryptocurrency trading platform launched by Quoine last year, also initiated cooperation.
Besides, the company is working with the crypto giant Binance. In early February, the two allowed users to buy crypto with their credit cards. Besides, Simplex is facilitating crypto purchases for Trust Wallet users.
Likewise, Huobi, one of the largest cryptocurrency exchanges in the world, also partnered with Simplex. The companies enabled support for Visa and Mastercard payments to its over-the-counter trading desk.
At the same time, OKCOIN is also expanding. The crypto exchange platform has recently opened an office in Malta.
