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OKCoin crypto exchange has announced it entered into a partnership with Simplex to open debit card deposit feature for its users, according to an official announcement.

OKCoin Reveals Debit Card Deposit Feature

Previously, the exchange said it is now on a mission to make digital assets accessible to the world with allowing its users to participate in euro spot trading for leading digital assets.

Alongside the new partnership, exchange's users can deposit minimum $50 with a maximum deposit limit of $500 per transaction and $1,000 per month. OKCoin will reportedly charge a 0.45% + 0.3 fee, in addition to a 5% card processor fee that Simplex will charge.

According to the announcement, debit and credit card deposits are currently available to OKCoin users outside of the U.S., Europe, and China.

Earlier this year, Binance announced the launch of Mastercard/Visa deposits through its new partnership with payment processing platform Simplex.

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