Cryptocurrency payments platform BitPay announced on Monday it has joined forces with Simplex to enable European users to buy crypto seamlessly with no credit or debit card fees from within the BitPay Wallet app. BitPay reported that the promotion allows users to quickly and easily buy crypto fee-free using their debit or credit cards for up to 45 days. Included in the promotion are top coins such as Bitcoin, Bitcoin Cash, Ether, as well as PAX and BUSD.
While sharing more details about the promotion, Stephen Pair, CEO of BitPay, stated:
“We want to encourage first-time buyers to purchase crypto and experience first hand how easy it is to purchase, store and spend crypto through the BitPay Wallet app integration with Simplex. BitPay wants to make it simple to adopt crypto, and by working with Simplex, we can eliminate the need for users to navigate to a cryptocurrency exchange to fund the wallet and start living a life on crypto.”
BitPay also noted that within the BitPay Wallet app, users may also open and fund an account with Simplex Banking, a method that enables “seamless and fast” local payment methods. This unique solution gives consumers the power to purchase without limits and truly capitalize on “market highs.” Nimrod Lehavi, Founder and CEO of Simplex, went on to add:
“At Simplex, we empower hundreds of partners to enable millions of people to buy billions of dollars in digital assets. We’re excited to work alongside our friends at BitPay to help anyone, anywhere enter into the crypto space. Together, Simplex and BitPay are growing the ecosystem with a seamless on/off-ramping solution for every user.”
Founded in 2011, BitPay claims to be a pioneer and leader in global blockchain payments and supports payments from Bitcoin, Bitcoin Cash, XRP and ETH, as well as four dollar-pegged stablecoins, USDC, GUSD, PAX, and BUSD.