The global crypto platform Liquid has announced a partnership with Simplex, a crypto company focused in online payment processing solutions — to offer deposit services in fiat currency, using credit and debit cards, to Liquid’s users.
This solution will allow Liquid’s customers to make deposits in euro (EUR) with Visa or Mastercard, to use their funds to buy major cryptocurrencies (like Bitcoin and Ethereum) or to use fiat currency to fund margin trading on the crypto platform.
The deal will foster crypto adoption as it will empower more people from all over the world to buy crypto through a simple, fast and secure way.
“By offering secure credit and debit card processing for crypto purchases, adoption will continue to rise, expanding the cryptocurrency space as we know it,” — Said Nimrod Lehavi, Simplex’s CEO.
Liquid expects to add support for funding with US dollars (USD) and other relevant fiat currencies in the future.
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