The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

Simplex Partners With VeChain To Enable Seamless Fiat Onramp for VET Token

by ChainWire
August 13, 2021
in Industry Announcements

August 13, 2021 – Tel Aviv, Israel


VeChain is the latest cryptocurrency to be added by Simplex, allowing users to buy, sell and trade VET for fiat and other crypto assets.

Announced Monday, August 9, 2021, fiat-to-crypto onramp infrastructure platform Simplex added VeChain to its list of supported crypto assets, enabling users to quickly purchase VET across its partner network. The partnership opens the crypto community to a global platform, allowing them to purchase VET using fiat payment options including credit and debit cards and Apple Pay, or via bank transfers through Simplex Banking.

The latest crypto asset addition targets VeChain users, newcomers in the crypto field and Simplex partners who wish to enable easy access to VET tokens for their users.

Simplex has pioneered seamless fiat-to-crypto onramps, providing the crypto ecosystem with powerful, seamless and impactful solutions, and bridging the gap between crypto and traditional finance. With over 350 globally accessible partner integrations including Binance, Huobi and Bitpay, Simplex continues to drive global adoption of crypto assets through its fiat infrastructure.

As one of the largest cryptocurrencies today with a market cap of over $7 billion, VeChain’s addition means that its ever-growing community of users, developers and innovators can now directly purchase VET with the same simplicity as a familiar e-commerce experience. VET will be available for direct purchase across Simplex’s partner network of leading exchanges and wallets including Bitrue, Digifinex and Guarda Wallet.

VeChain has built its name across the crypto ecosystem as an eco-friendly blockchain that is utilizing green and sustainable blockchain consensus to verify and sign off transactions. The blockchain focuses on enterprise adoption by offering decentralized solutions to lower transaction costs and boost overall productivity. Some of the top partners with VeChain include LVMH, Haier, BMW, Groupe Renault, DNV and PricewaterhouseCoopers (PWC).

Yvette Xia, CMO at VeChain, said,

“This integration improves the utility of VET and increases potential purchasing power. We are on a joint venture to expand the influence of VET and the technology itself.”

Erez Ben Ezra, VP of global expansion at Simplex, said,

“We’re delighted to be partnering with VeChain, providing their thriving community with global, secure and instant VET onramps across our partner network.”

About Simplex

Simplex is an EU-licensed financial institution aiming to change the status quo of the current crypto markets by providing simple and seamless channels to convert over 50 fiat currencies to over 90 cryptocurrencies.

Simplex empowers its vast network of partners to accept the widest range of payment methods, including Visa, MasterCard, Apple Pay, SWIFT, SEPA and more. Launched in 2014, the fiat-to-crypto global onramp infrastructure processes crypto-to-credit card payments with a 100% guarantee. In case of a fraud chargeback, the merchant gets paid by Simplex.

As the market leader, Simplex pioneered the first riskless global fiat onramp using a credit and debit card, which promises a zero chargeback guarantee.

About VeChain Foundation

Launched in 2015, the VeChain Foundation has worked tirelessly to build the bridges between blockchain technology and the real world. VeChainThor’s evolution continues to gather pace, transitioning from consortium network to best-in-class public blockchain platform using proof-of-authority consensus, boasting advanced technical features, governance structure and economic model. Through the development of a suite of innovative tools such as multi-task transaction, fee delegation and VeChain ToolChain, VeChain has been able to substantially lower the barriers to entry for businesses and developers alike.

Alongside key strategic partners PwC and DNV, VeChain has collaborated with world-leading enterprises including Walmart China, Bayer China, BMW Group, BYD Auto, PICC, Shanghai Gas, LVMH, D.I.G, ASI Group and more.

For more information, including developer tools/documents and foundation grants, please visit here.

Contact

Dan Edelstein

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.


Follow Us on Twitter Facebook Telegram

Check out the Latest Industry Announcements
 

 
Submit a Press Release

Industry Announcements

  • Radix Babylon Upgrade Marks New Era for Web 3.0 User and Developer Experience
    September 28, 2023
  • Tyrion Set To Decentralize the $377 Billion Digital Advertising Industry
    September 25, 2023
  • Hydranet Launches Layer Three Dex – A Game Changer for Trustless Cross-Chain Trading
    September 25, 2023
  • Ottochain Homage to EVMOS and Ethereum Layer Two
    September 21, 2023
  • Algorand Foundation Announces Build-a-Bull Hackathon in Collaboration With AWS
    September 20, 2023
  • OKX Achieves SOC 2 Type II Certification, Demonstrating Its Industry-Leading User Safety, Security and Compliance Standards
    September 20, 2023
  • Dexalot Unveils SimpleSwap and SimpleView Features for Enhanced User Experience
    September 19, 2023
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$28,065.52
$28,065.52
3.71%
Ethereum
$1,727.94
$1,727.94
3.18%
Cardano
$0.264919
$0.264919
3.74%
XRP
$0.525068
$0.525068
1.6%
Dogecoin
$0.063567
$0.063567
2.37%

Spotlight

  • Top Trader Says Bitcoin Bottom Not in Yet, Predicts New Six-Month Lows for BTC – Here’s His Downside Target
    September 24, 2023
  • Analyst Willy Woo Says This ‘Enemy’ of Bitcoin (BTC) Rearing Its Ugly Head Again
    September 24, 2023
  • Classic Bitcoin Indicator Suggests 2024 Bull Run, Says Trader Who Called May 2021 Collapse
    September 24, 2023
  • Brian Armstrong Says Crypto Lobbying Needs To Become Powerful and Sophisticated Before 2024 Election
    September 24, 2023
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash • Financeflux •
Industry Announcements

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2023 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2023 The Daily Hodl