Celsius Network members on the go can now buy Bitcoin, Ether, Litecoin and other leading cryptocurrencies on their credit cards using the platform’s mobile app.
The crypto interest income platform has partnered with leading cryptocurrency payment processing firm Simplex to give consumers the ability to make BTC, ETH, LTC and other crypto purchases using credit and debit cards directly from the Celsius app for a fee of 3.5%.
Cryptocurrencies currently supported by Celsius Network include Bitcoin, Ether, Litecoin, XRP, ZCash, Bitcoin Cash and Dash.
The integration allows users to save 50% on applicable credit card transaction fees.
Says Celsius Network CEO Alex Mashinsky,
“Members can now earn, borrow, buy, and save crypto seamlessly inside the Celsius app without ever paying any fees or being penalized to access your own funds.”
The integration provides another onramp for crypto buyers. Celsius Network joins exchanges such as Binance that use Simplex to connect investors’ traditional credit cards to their Bitcoin and crypto portals.
Simplex, founded in 2014, has emerged as a key player in enabling crypto merchants to introduce credit card purchasing to mainstream users worldwide.
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/JKstock