April 28th, 2021 at 2:00 pm UTC · 3 min read
Simplex, the industry leader providing global fiat on/off ramps to the entire crypto ecosystem, adds Cardano (ADA) to its vast list of supported cryptocurrencies. ADA will be made accessible to Simplex’s growing partner network, including multiple cryptocurrency exchanges, wallets, and brokers. The integration of ADA lets millions of people purchase this digital asset with a credit or debit card, Apple Pay, or via bank transfer in a convenient and secure environment. This addition further strengthens Simplex’s mission to work alongside its partner network to make digital assets more accessible to anyone, anywhere.
A Principal Member of the Visa network, Simplex is a global pioneer for on/off ramps for the broader cryptocurrency ecosystem, making the purchase of cryptocurrencies simple and straightforward. Thanks to their convenient payment gateways, millions of people can purchase assets such as BTC, DOT, and ADA with ease. As a zero-risk provider for both partners and consumers, the company is quickly becoming the go-to institution for newcomers looking to enter the cryptocurrency space.
To help their partners onboard new crypto buyers, Simplex supports hundreds of fiat currencies and provides access to several dozen cryptocurrencies through its partner network. The integration of Cardano (ADA) is a milestone, as the asset has achieved a market cap of over $40 billion in recent weeks.
Cardano is a proof-of-stake blockchain platform: the first to be founded on peer-reviewed research and developed through evidence-based methods. In addition, it is secure enough to protect the data of billions, scalable enough to accommodate global systems, and robust enough to support foundational change. It combines pioneering technologies to provide unparalleled security and sustainability to decentralized applications, systems, and societies. With a leading team of engineers, Cardano exists to redistribute power from unaccountable structures to the margins – to individuals – and be an enabling force for positive change and progress.
The renewed interest in Cardano is the product of a loyal social media following, a thriving community, and landmark achievements. As its popularity and appeal keep rising, both investors and developers will continue to explore new boundaries. Users can purchase ADA with their debit/credit card, Apple Pay, SEPA, or SWIFT transfers via any Simplex partner.
Simplex provides the fiat/crypto infrastructure for the entire world. Powerful, seamless, and impactful, Simplex has been changing the status quo of crypto on/off ramps since 2014. As the market leader, we pioneered the first riskless global fiat onramp using a credit and debit card, which promises a zero chargeback guarantee. Simplex Banking offers the Simplex fraudless payment processing, with global payment accessibility. Working alongside the biggest names in the crypto ecosystem, including Binance, Huobi, and Bitpay, Simplex provides the complete fiat infrastructure for the crypto ecosystem. As a licensed EU financial institution and a Principal Member of the Visa network, Simplex was selected as one of the 10 most impactful companies in blockchain in 2020. Keep up with the latest Simplex news by following us on Twitter or visiting simplex.com.
Cardano is a social and financial operating system based on blockchain technology. Created by a global team of leading academics and engineers, Cardano is a platform to build new technologies, discover new ways to interact and create new ways to work. Cardano is re-imagining and re-engineering the way the world works, through DApps that empower the individual and institutions alike. Read more here.