As part of the agreement, DASH will be offered by Simplex. For purchase with credit cards through its partners.
Please Note: This is a Press Release
Though, Simplex, an EU-licensed financial institution. Leading the fiat infrastructure for crypto. Hence, its headquartered in Israel, has 128 active partners and supports 10 different cryptocurrencies.
Although, founding in 2014, the company knows for its proprietary fraud detection algorithms. Therefore, eliminate the risk of fraudulent card payments.
Dash is a leading cryptocurrency in payments with a market cap of over $1 billion. The peer-to-peer payment network is operating. Moreover, back by a large online community of developers and adopters. Hence, many of whom run the open-source Dash software.
Partnership with companies:
Simplex has previously entered into similar partnerships with companies. Such as, Tron Foundation and Cosmos Network, subsequently adding TRX and ATOM to their supported cryptocurrencies. Although, Simplex has built a broad, global, and secure fiat infrastructure. For crypto and is now working with some of the largest exchanges. Such as, Binance, KuCoin, and OKEx, integrating with the platforms. To let users expand their portfolio by buying crypto with credit card.
In a statement, Simplex CEO Nimrod Lehavi reiterated his belief. Thus, credit card functionality is vital to accelerate broad cryptocurrency adoption. “We are please to add DASH to our portfolio. Hence, allow our network of a hundred of leading exchanges and wallet partners. To offer credit card purchasing of DASH. Using a multitude of currencies Simplex now supports”.
“Hence, partnering with Simplex, a leading credit card payment processing company. Which is an incredibly exciting opportunity for Dash,’ said Ryan Taylor, CEO of Dash Core Group. “Thanks to their advanced fraud detection capabilities. Simplex’s clients include some of the largest platforms in the industry.”
“Through this integration, we’re excited to expand access. To Dash and to give our users more choices. Thus, Simplex not only means a simplified purchase experience for our users. But, it means Dash can offer on more partner websites than ever before,” he add.
Therefore, this is not the only new partnership that Dash has signed; the organization recently concluded an agreement with crypto remittance firm Tauros. Which will see DASH added to over 11,000 ATMs throughout Mexico.
Contact for Simplex
- [email protected]
- Dan Edelstein
- MarketAcross PR
Contact for Dash
- [email protected]
- Michael Seitz
- Dash Core Group