STEX Partners With Simplex to Bring Fiat Onramp to Users Globally
July 30th, 2020 – The global cryptocurrency exchange STEX announced today a new partnership with leading fiat infrastructure provider Simplex that provides users the ability to purchase a multitude of cryptocurrencies with debit & credit cards on the STEX platform, expanding the service geography.
Registered in Estonia and fully compliant with EU regulations, STEX provides its more than 300,000 users worldwide with a secure platform, quick transactions, and low trading fees. By integrating with Simplex, STEX users can now exchange fiat for crypto in just a few clicks at competitive market rates.
Simplex has partnered with over 150 exchanges and wallets, allowing millions of users to enjoy a safe and fast crypto onramp experience. To date, Simplex supports 33 cryptocurrencies and 49 fiat currencies , saving the end-users from additional issuing bank costs and conversion rates levied by credit cards.
Having built a reliable fiat infrastructure for cryptocurrency companies, Simplex is helping to make credit card transactions fraudless and risk-free for users globally. As the industry leader, Simplex offers the liquidity network, fraud prevention technology and banking relationships that enable a zero-risk business for crypto wallets, exchanges and other blockchain companies worldwide.
“Simplex is committed to making crypto available globally and risk-free to tens of millions of our partners' users worldwide. This exciting new partnership with STEX's state of the art platform will ensure further crypto adoption with a safe and easy user experience”, said Ari Last, the VP of Business Development at Simplex.
“As the worldwide demand on using crypto instead of fiat for both spending and investing grows, our mission is to build suitable infrastructure for STEX Traders - diverse and simple,” said Vadym Kurylovych, STEX Founder “Simplex took care of both!"
With more than 300,000 users worldwide, STEX is a powerful cryptocurrency exchange that makes it easy to buy, sell and invest digital currencies from one fast, and convenient platform at low competitive rates. Users can choose from more than 400+ trading pairs, purchase crypto with credit or bank cards, and exchange fiat to crypto or crypto to fiat with a few swipes on their mobile device. Founded in Estonia, STEX meets all EU regulations for cryptocurrency exchanges. For more information about STEX and its partners, visit:
Simplex is an EU-licensed financial institution, providing the fiat infrastructure for the crypto industry. Simplex processes credit card payments with a 100% guarantee – in case of a fraud chargeback, the merchant gets paid by Simplex. Simplex’s cutting-edge fraud prevention solution and proprietary state-of-the-art AI technology blocks fraudulent users and allows legitimate users to complete payments with ease, increasing conversion rates and enabling merchants to focus on their business growth.
Find out more about what Simplex does and has to say by visiting: