simplex bitcoin | BTCC Knowledge

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What is simplex (Sim)?

Simplex is an EU-licensed fin-tech (financial technology) company that provides fraud protection and processes transactions globally. In addition, Simplex provides the technology for crypto merchants to accept credit card transactions. The company was created by three founders: Nimrod Lehavi, Erez Shapira, and Netanel Kabala.

Does simplex provide cryptocurrency?

While Simplex itself does not provide cryptocurrency, it partners with a variety of merchants who supply crypto. At the time of this writing, you can purchase these types of crypto through Simplex’s partner sites: Bitcoin. Bitcoin Cash. Ethereum.

Why is simplex partnering with bitmart?

Credit card is the easiest and safest way for the mainstream users to adopt crypto. We are dedicated to introduce more fiat gateway channels to serve our clients better. “Partnering with Simplex has given us the ability to increase our user base and open up BitMart to a wider audience.

How does simplex work with Binance?

Simplex offers a solution by working with crypto merchants to learn more about transaction behaviors. Binance, a crypto trading platform, uses Simplex’s technology to help users gain access to crypto securely.