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OKCoin, Payments Processer Simplex Partner on Card-Enabled USD Deposits for Int’l Users

Published 06/17/2019, 10:02 AM
Updated 06/17/2019, 10:22 AM
OKCoin, Payments Processer Simplex Partner on Card-Enabled USD Deposits for Int’l Users

Major fiat-crypto trading platform OKCoin has partnered with fintech firm Simplex to enable global users to make USD deposits via debit or credit card. The news was announced in a press release shared with Cointelegraph on June 17.

As an European Union-licensed financial institution and payments processing provider, Simplex — which has offices in Israel, the United Kingdom, United States and Lithuania — will offer card-enabled USD deposits for OKCoin users outside of Europe, China and the U.S., according to the press release. The partners reportedly plan to extend the service to further countries in the future.

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