More BSV fiat onramps were introduced at 11 digital asset exchanges as the Bitcoin Association organization that works to advance the businesses on the BSV blockchain, today confirmed the news so let’s find out more in the latest Bitcoin SV news.
More BSV fiat onramps have been recently introduced to crypto exchanges through Simplex, which is the leading fiat infrastructure for digital currencies across the world. This further expanded the global options for users to purchase the BSV digital currency.
The eleven wallets and exchanges introduced support through Simplex which integrated support for Bitcoin SV back in July. Simplex empowers wallets and exchanges to enable fraud-free onramps via simple and globally accessible payment methods such as Mastercard and Visa as well as SEPA payments and direct bank transfers via the Simplex Account. Support for BSV purchases in fiat currency was introduced at:
Bitbay, Bitasset, Coinomi, Digifinex, ChangeNOW, Celsius, Coinomi, Edge, Guarda, Poloniex, OKEx.
Buying #crypto with Simplex is now even easier 💳
Together with @Poloniex we’re excited to bring you a whole month of special rates for purchasing $QTUM using your debit & credit cards 🎉
Check it out on https://t.co/bVhVRQdZIe https://t.co/zoMZrlNpah
— Simplex (@SimplexCC) September 2, 2020
These eleven options add to the more exchanges and wallets across the world which have fiat and off-ramps for Bitcoin SV. The introduction of fiat onramps comes during the period of increasing interest in the SV blockchain and demand for the coin as well. The utility of scaling blockchains is boosting the growth across Bitcoin SV businesses and consumer applications and services to serve as popular payments rail due to the fast transaction times and low transaction fees. The co-founder and CEO of Simplex Nimrod Lehavi said:
“Our mission is to enable every person, no matter where they are, the ability to onramp with whatever fiat currency they want, easily and risk-free. We’re excited to provide users with accessible ways to purchase Bitcoin SV through so many of our trusted partners.”
Commenting on the Bitcoin Association Founding President Jimmy Nguyen said:
“When Simplex added support for Bitcoin SV earlier this year, it opened the door for many exchanges and wallets to easily add fiat onramps for BSV, and we are now seeing the positive impact of Simplex’s strong partner network. We are pleased that digital currency enthusiasts around the world now have so many more options to acquire BSV – with even more partners in the Simplex network to come.”
The BTC association is a Swiss-based global industry organization which works to advance businesses on the BSV blockchain and brings together essential components of the ecosystem, start-up ventures, merchants, developers and exchanges.