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July 3, 2020

Simplex adds support for Bitcoin SV across global network

Simplex, the Israel-based payments processor for digital currencies, has added support for Bitcoin SV (BSV) across its global network.

Some of the Simplex’s partners already accept fiat currency payments in Bitcoin SV.

These partners include BiKi, Bitfinex, Bithumb, Bitmart, BitMax, CoinEx, Cross exchange, DigiFinex, Huobi, KuCoin, MXC, OKEx, and Poloniex.

The addition of BSV will extend its accessibility to a wider user base through more than 150 partner exchanges, wallets, and gateways of Simplex.

The blockchain-based BSV facilitates diverse data usage while maintaining faster and low-cost transactions.

The EU-licensed financial institution enables merchants around the world to accept a host of payment methods for purchasing digital assets, including Visa and Mastercard credit and debit cards.

Simplex VP of business development Ari Last said: “Along with the crypto-friendly banking Simplex now offers, this step ensures users’ unparalleled flexibility in the ecosystem.”

Simplex, as a fiat infrastructure for digital currencies, is responsible for driving the use and adoption of digital currencies.

Recently, it launched ‘Simplex Account’, an online bank account for consumers to store digital assets.

The account can be also integrated with crypto exchanges, lenders, wallets, and other services.

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