BitAsset and Simplex to offer mobile payments for purchasing crypto
Currency buying currency shouldn’t be difficult
In the cryptocurrency world, with the advancement of technology and more and more people participating, new and fresh partners seem to be rising and with the intention to bring to users more and easy-access features to manage with their assets. Now is the time for BitAsset and Simplex, who are now teaming up to make mobile payments a lot more friendly and easy when buying digital currency.
So far buying any crypto today involves several extra steps for identification purposes. That’s appreciated by most since it means better security, but it becomes a hassle and a delay for some that only leads to headaches and confusion. BitAsset enters now to ease the pain of a market need and this trading platform is already popular for many financial sources such as Bitcoin, Ethereum and Litecoin, to name a few. Connecting to Simplex, users will be ready to buy cryptocurrencies at the touch of a credit card.
Simplex went through a Series A funding round recently, which successfully raised $7 million, appear alongside several connections in the crypto world, including Binance and Huobi. With those contacts, the current access to the service, as well as bringing new customers, is expected to improve. “Most of the world’s crypto money is still purchases in fiat, causing issues and difficult experience for consumers trying to buy in and start trading. This is another key step in our platform growth as we continue to push forward the best user experience available on the market,” said Binance CEO Changpeng Zhao.
To date, crypto is still virtually a dead-end when it comes to the use of th currency as a form of payment. The world is still in diapers on this matter and with the potential of changing the way the world does business. This new option could bring a new solution to make the purchase easier; however, improvements are still needed on both sides of the coin to awaken more interest from the population.