Individual Investors Dipten Bitcoin (BTC) is in the Pleasure of German!

Simplex, the cryptocurrency purchasing provider with fiat money, has announced that in the days when the biggest cryptocurrency has lost 50 percent value, individual investors have overestimated the opportunity to make a bottom-up purchase.

In the statement made to The Block by the company, it was reported that Bitcoin (BTC) was the most popular cryptocurrency that made up 59.6 percent of Simplex’s volume among buyers on March 12-14. Tether (USDT) and Ethereum (ETH) followed Bitcoin (BTC) with 12.60 percent and 9.78 percent, respectively.

Simplex CEO Nimrod Lehavi said, “The drop in the market has not reduced people’s eagerness to buy cryptocurrencies. In fact, many people saw the recent decline not as a sign that the thesis of investing in cryptocurrencies has been overridden, but as a buying opportunity. ” used expressions.

In the period in question, 33.29 percent of Simplex’s purchasing volume was Europe, 22.30 percent Asia and 16.57 percent USA. The company stated that its partners’ purchasing volume, including crypto exchanges, has increased four times over the period.

The company currently provides fiat gateway infrastructure to various crypto exchanges such as Binance, Huobi and Poloniex. Simplex has more than 120 partners worldwide.