Kucoin, a large stock exchange, is working with an Israeli startup to introduce credit card payments for cryptocurrency purchases.
Kucoin has teamed up with Simplex to allow its users to buy cryptocurrencies using credit and debit cards. New exchange service has appeared in Singapore and is now available in more than 100 countries. Customers can use US dollars and euros to purchase BTC, ETH and LTC.
Simplex is a payment processing solution, headquartered in Israel. The startup works worldwide and has subsidiaries in the USA, the UK and Lithuania. The company collaborates with some of the leading platforms in the crypto-market, including Shapeshift and Changelly.
Editor: Alyona Nabok
See also: "Canada launches Bitcoin payment"