Huobi OTC has announced it now accepts deposits via Visa and Mastercard as part of its core mission of empowering users and making global finance seamless and accessible to all.
Thanks to a partnership with global payment processor Simplex, the new service will allow users to purchase bitcoin (BTC), ethereum (ETH), litecoin (LTC) and ripple (XRP) over Huobi's peer-to-peer exchange.
The Head of Marketing for Huobi Group, Ross Zhang, says bridging the divide between the fiat and crypto is still a big problem for the community and this [partnership] is one of the ways the exchange is looking to solve it.
"Partnering with Simplex will allow us to significantly minimize the obstacles our customers face – something we are always interested in," he added.
Earlier, one of the largest cryptocurrency trading platforms in the world by trading volume, Huobi OTC, announced support for ripple token.
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