Polkadot becomes the First to use Simplex’s Fiat Ramp

Crypto users will soon start to purchase DOT token with a credit or debit card, Apple pay or bank transfer and this will be made possible by Simplex by integrating Polkadot and the DOT token. The integration of Simplex with Polkadot will give crypto users another means from fiat into crypto.

In Polkadot network of Crypto exchanges, wallets and brokers will support Fiat-to-crypto on-ramp provider.

The services of Crypto exchanges, OKCoin and Binance will be provided by Simplex. Since the launch of the firm, it has partnered with 350 crypto firms and over 50 crypotcurrencies have been bought through the simplex network. The Opera web browser has integrated the payment processor.

Over the past few months, there have been a boost over projects that have joined the Polkadot ecosystem and there have also been a boost to their token prices. In facilitating cross-chain interoperability between networks, resulting to increases to the number of active tokenholders and each project’s trading volume, Ren, Ocean Protocol and the Celer Network have led the way

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