Yesterday, Celsius Network announced on its official Twitter handle about how its clients can now purchase cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) with the help of regular credit cards and debit cards that we use in our day to day life. The move by Celsius Network is an important step towards making blurring the gap between the crypto world and the traditional fiat currency world.
The US-based startup- Celsius Network is offering these features to its clients through an app that will feature an in-app crypto purchase option. This app has come forth through the partnership of Celsius Networks and Simplex (a payment provider that deals in fiat to crypto payments).
Simplex, as per reports, will start offering its customers direct crypto purchases, which they can make through the Celsius Network app. This will enable the users of the platform to:
The major crypto enabled payment processor- Simplex has recently opened the gates to 15 new fiat currency payment options, which will also be available through Visa and Mastercard purchasing gateways on Binance. This raises the expectation that maybe soon Celsius Networks too will offer new payment options in the coming future. We need to wait for that to happen. In the past, Simplex has served other major fiat to crypto trading platforms such as OKCoin, and KuCoin, which is a Singapore based platform.
Cryptocurrency transactions are the gateway to a novel financial architecture that is decentralized and secure,…
AI transforms industries through work automation, increased productivity, and data-driven decision-making. AI helps in medication…
Meme Kombat is less than 10 hours away from hiking the price. It has raised…
Cryptocurrencies are, in simple words, digital currencies that help their holders to make payments for…
Ripple is a currency exchange network and a payment settlement system that can easily manage…
Tether is a fiat-collateralized stablecoin created by Brock Pierce, Craig Sellars, and Reeve Collins in…