Matrixport, the crypto-services business of the founder of Bitmain, now offers the possibility ofbuy bitcoin by credit card.
The arrival of the functionality ofBitcoin purchase sure Matrixport follows a partnership with Simplex, a startup that provides a module allowing stock exchanges and specialized entities to sell Bitcoin and other Visa and Mastercard credit card cryptocurrencies securely.
We are delighted to announce this collaboration with Simplex, users can now buy crypto with a credit card on Matrixport. To celebrate, users can get $ 4 USDT as a gift when they first buy cryptos on our platform, ” ad Matrixport on Twitter.
Founded in summer 2019 by Jiwan Hu, the co-founder of the powerful crypto-mining firm Bitmain, Matrixport offers a trading, loan and custody platform for cryptocurrencies.
Following this partnership, users of Matrixport can now purchase Bitcoin (BTC), Ethereum (ETH), XRP, Bitcoin Cash (BCH), Tether (USDT), Dash (DASH) and Litecoin (LTC) via more than 20 fiat currencies (euro, dollar, pound, ruble ..).
In terms of costs, Simplex invoice 3.5% of the total amount of the transaction.
Several popular exchanges, such as Binance, are already using the solution of Simplex to offer purchase of cryptocurrencies to their customers.
Last month, we learned that Matrixport had received a $ 300 million pre-money valuation and was looking to raise 40 million dollars.