{"id":7885,"date":"2021-08-13T15:13:15","date_gmt":"2021-08-13T14:13:15","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=7885"},"modified":"2021-08-13T15:13:35","modified_gmt":"2021-08-13T14:13:35","slug":"eu-licensed-financial-institution-simplex-partners-with-vechain-vet","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/eu-licensed-financial-institution-simplex-partners-with-vechain-vet\/","title":{"rendered":"EU-licensed financial institution Simplex, partners with VeChain (VET)"},"content":{"rendered":"\n
Simplex has announced a partnership with Vechain (VET) to help connect the crypto community<\/a> to a global platform.<\/h5>\n\n\n\n
\"EU-licensed<\/figure>\n\n\n\n

Simplex, an EU-licensed financial institution, has partnered with VeChain (VET), a blockchain-powered supply chain platform and one of the most valuable cryptos \r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>in terms of market capitalization.<\/p>\n\n\n\n

VeChain has been added to the list of supported crypto assets by the major financial institution that provides seamless channels to convert over 50+ fiat currencies to 90+ cryptos. Users can buy, sell, and trade VET for fiat and other cryptocurrencies.<\/p>\n\n\n\n

The agreement, according to Simplex, the premier fiat-to-crypto onramp infrastructure platform, connects the crypto community to a global platform.<\/p>\n\n\n\n

As a result, consumers can purchase VET using a variety of payment options via Simplex Banking. Visa, MasterCard, Apple Pay, SWIFT, and other payment methods are included.<\/p>\n\n\n\n

Simplex, being the market leader, enables many partners to allow individuals to acquire billions of dollars<\/a> in cryptocurrency.<\/p>\n\n\n\n

Simplex has also built frictionless fiat-to-crypto onramps. Furthermore, it gives \u201cpowerful, seamless, and impactful solutions\u201d to the crypto sector.<\/p>\n\n\n\n

Simplex also rapidly bridges the gap between credit card payments and cryptocurrency for traders all across the world. It has partnered with a number of cryptocurrency companies, including Binance, Poloniex, BitMart, and KuCoin, to name a few.<\/p>\n\n\n\n

Furthermore, this collaboration is a significant step forward for the blockchain platform's ever-expanding community.<\/p>\n\n\n\n

In reality, VeChain's community of consumers, developers, and innovators<\/a> may now purchase VET directly, conveniently, quickly, and securely.<\/p>\n\n\n\n

\u201cVET will be accessible for direct purchase across Simplex's partner network of leading exchanges and wallets, including Bitrue, Digifinex, and Guarda Wallet,\u201d the Simplex team noted.<\/p>\n\n\n\n

VeChain, which is based on the VeChainThor public blockchain, provides resources to anyone interested in solving real-world economic problems.<\/p>\n\n\n\n

After that, VeChain focuses on corporate adoption by delivering decentralized solutions to reduce transaction costs and increase overall productivity<\/a>.<\/p>\n\n\n\n

LVMH, Haier, BMW, Groupe Renault, DNV, and PricewaterhouseCoopers have all partnered with the blockchain platform (PWC).<\/p>\n","protected":false},"excerpt":{"rendered":"

Simplex has announced a partnership with Vechain (VET) to help connect the crypto community to a global platform. Simplex, an EU-licensed financial institution, has partnered with VeChain (VET), a blockchain-powered supply chain platform and one of the most valuable cryptos in terms of market capitalization. VeChain has been added to the list of supported crypto […]<\/p>\n","protected":false},"author":12,"featured_media":7888,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[130],"tags":[132,1296,2184,2185],"class_list":["post-7885","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","tag-crypto","tag-simplex","tag-vechain","tag-vet"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/08\/EU-licensed-financial-institution-Simplex-partners-with-VeChain-VET-1.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/7885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=7885"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/7885\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/7888"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=7885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=7885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=7885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}