Infinito Brings “Buy Crypto With Credit” Function To Wallet Users With Simplex Partnership

News | February 19, 2020 By:

Crypto wallet Infinito has teamed with Israeli payments firm Simplex to allow users to purchase crypto using credit and debit cards right inside the wallet.

Infinito serves as a gateway for users to maximize usage and potentials of their cryptocurrencies. Infinito’s walllet currently supports over 2,000 top-ranking coins and tokens as well as decentralized applications (DApps).

Simplex provides fraud-free payment processing solutions worldwide. Its customers include some of the largest crypto exchanges, wallets and platforms in the world today, such as Shapeshift, BRD, Litecoin Foundation, Mycrypto, XAPO, KuCoin and Changelly.

Infinito said in a press release that it has partnered with Simplex to give users a single place to buy then protect their crypto assets, while removing unwanted transaction fees when sending money back and forth between wallet and exchange.

“Thanks to the strategic partnership with Simplex, our users can now purchase Bitcoin and other top cryptocurrencies using their everyday credit card at great price,” said ys Jack Nguyen, Director of Infinito. “With this integration, Infinito Wallet can offer the most complete crypto experience for investors: buy their first coin, track market price, exchange, use their crypto to earn more with DApps, and soon, stake to earn passive income directly on the wallet. We’re very pleased to collaborate with an industry leader like Simplex to bring valuable crypto services to users worldwide.”

In the future, Infinito said that it will integrate with regional fiat gateway and exchange services to better serve local users in Southeast Asia.