Simplex, the leading fiat infrastructure for the crypto world, significantly improves new users’ adoption by allowing users to make transactions up to $150 without undergoing the rigorous KYC measures. This change will be reflected across all Simplex partner platforms.
Going through KYC is a lengthy process for those users who want to make small first purchases, and Simplex is dedicated to ensuring that all transactions are risk-free as well as fast and easy.
This new measure has been introduced as a part of the Simplex’s steep growth towards perfecting the flow of the crypto onramp experience for users globally. Other newly introduced features include an ever-growing portfolio of native fiat currencies (Simplex currently supports over 40 currencies) and a comprehensive list of supported cryptos (20 coins as of date).
Simplex is an EU-licensed financial institution, providing the fiat infrastructure for the crypto industry. Simplex processes crypto-to-credit card payments with a 100% guarantee – in case of a fraud chargeback, the merchant gets paid by Simplex. Simplex’s cutting-edge fraud prevention solution and state-of-the-art AI technology blocks fraudulent users and allows legitimate users to complete payments with ease, increasing conversion rates and enabling merchants to focus on their business growth. To learn more about Simplex go to www.simplex.com
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