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Bitfinex Selects Simplex to Enable Crypto Purchase with Credit and Debit Cards

Source: Fanny

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Bitfinex, a digital asset trading platform offering state-of-the-art services for digital currency traders and global liquidity providers, has integrated the funding options supported by payment solution provider Simplex.

According to the official press release, this partnership is expected to enable Bitfinex users to purchase digital currencies using credit and debit cards. At the beginning, the crypto exchange will only allow the purchases of Bitcoin, Ethereum, Tether and Tether Gold with debit and credit cards. However, it has plans to add more cryptocurrency support for the on-ramp services.

“Our mission has always been to increase the accessibility of digital tokens and provide an optimal trading experience for our growing customer base,” commented Paolo Ardoino, CTO of Bitfinex.​

“We are thrilled to announce our collaboration with Bitfinex,” said Nimrod Lehavi, Co-Founder and CEO of Simplex, which is now owned by Nuvei. “Bitfinex is a great addition to our strong roster of crypto businesses and exchanges. Our goal is to make cryptocurrency accessible to everyone.”

Recently, Bitfinex has announced the launch of a regulated investment exchange - Bitfinex Securities​, in the AIFC, which was designed to increase accessibility to a large set of financial products for members who wish to diversify their portfolio. The Bitfinex Securities platform is planned to facilitate the raising of capital for issuers seeking to have their tokenized securities publicly traded through an easily accessible “admission to trading” process. 

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