Simplex partners with VeChain to enable seamless fiat onramp for VET token
Leading fiat-to-crypto onramp infrastructure platform Simplex has added VeChain to its list of supported crypto assets, enabling users to quickly purchase VET across its partner network. The partnership opens the crypto community to a global platform, allowing them to purchase VET using fiat payment options including credit and debit cards, Apple Pay, or via bank transfers through Simplex Banking.
Simplex has pioneered seamless fiat-to-crypto onramps, providing the crypto ecosystem with powerful, seamless, and impactful solutions, and bridging the gap between crypto and traditional finance. With over 350 globally accessible partner integrations including Binance, Huobi, and Bitpay.
As one of the largest cryptocurrencies today with a market cap of over $7 billion, VeChain’s addition means that its ever-growing community of users, developers, and innovators can now directly purchase VET with the same simplicity as a familiar e-commerce experience. VET will be available for direct purchase across Simplex’s partner network of leading exchanges and wallets including Bitrue, Digifinex, and Guarda Wallet.
VeChain has built its name across the crypto ecosystem as an eco-friendly blockchain, which is utilizing green and sustainable blockchain consensus to verify and sign off transactions. The blockchain focuses on enterprise adoption by offering decentralized solutions to lower transaction costs and boost overall productivity. Some of the top partners with VeChain include LVMH, Haier, BMW, Groupe Renault, DNV and PricewaterhouseCoopers (PWC).
Simplex is an EU-licensed financial institution aiming to change the status quo of the current crypto markets by providing simple and seamless channels to convert over 50+ fiat currencies to 90+ cryptocurrencies. Simplex empowers its vast network of partners to accept the widest range of payment methods, including Visa, MasterCard, Apple Pay, SWIFT, SEPA, and more!
About VeChain Foundation
Launched in 2015, the VeChain Foundation has worked tirelessly to build the bridges between blockchain technology and the real world. VeChainThor’s evolution continues to gather pace, transitioning from consortium network to best-in-class public blockchain platform using Proof of Authority consensus, boasting advanced technical features, governance structure and economic model.