Simplex, has teamed up with VeChain (VET). The partnership will allow users to buy, sell and trade VET for fiat and other crypto assets.
An EU-licensed financial institution, Simplex, has teamed up with VeChain (VET), a blockchain-powered supply chain platform and one of the largest crypto by market cap.
The leading financial institution that provides seamless channels to convert over 50+ fiat currencies to 90+ cryptos has added VeChain to its list of supported crypto assets. This allows users to buy, sell and trade VET for fiat and other crypto assets.
According to the leading fiat-to-crypto platform Simplex, the partnership opens Vechain crypto community to a global platform. Therefore, it enables users to buy VET using a wide range of payment methods through Simplex Banking. It includes Visa, MasterCard, Apple Pay, SWIFT, and more. This cooperation is a crucial milestone for VeChain on its road to massive adoption.
As the industry leader, Simplex, empowers many partners to let people buy billions of dollars in cryptos. In addition, Simplex has established seamless fiat-to-crypto onramps. Moreover, it provides the crypto ecosystem with “powerful, seamless, and impactful solutions.”
Aside from this, Simplex also instantly bridges the gap between credit card payments and crypto for traders worldwide. It has teamed up with many companies in the crypto industry, including Binance exchange, Poloniex, BitMart exchange, KuCoin, to mention a few.
In addition, this partnership is a big move for the Vechain ever-growing community. As a matter of fact, VeChain’s community of users, developers, and innovators can now directly, easily, simply, and securely purchase VET.
The Simplex team also added, “VET will be available for direct purchase across Simplex’s partner network of leading exchanges and wallets including Bitrue, Digifinex, and Guarda Wallet.”