Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, February 05 2019 - 06:39
AsiaNet
trade.io Opens Doors to the Masses With Credit Card Deposit Solution
HONG KONG, February 5, 2019 /PRNewswire-AsiaNet/ --

Crypto exchange trade.io has announced a partnership with payment processor 
Simplex, enabling clients to purchase a range of popular cryptocurrencies by 
credit or debit card.


     (Logo: https://mma.prnewswire.com/media/817321/trade_io_Logo.jpg )

     (Photo: https://mma.prnewswire.com/media/817322/trade_io_Crypto.jpg )


Initially, the solution will support the purchase of Bitcoin (BTC), Ethereum 
(ETH), Litecoin (LTC), & Bitcoin Cash (BCH) with USD or EUR. Management of 
trade.io have also confirmed that more coins and currencies will be added for 
purchase at a later stage.

This partnership with Simplex, a leading EU-licensed payment services provider, 
provides a regulated and secure framework through which trade.io's client base 
can easily and conveniently invest or trade in cryptocurrencies. More details 
are available here: https://trade.io/buy-bitcoin-with-credit-card.

With this move, trade.io demonstrably provides its support to investors of 
traditional financial instruments who wish to access the cryptocurrency 
industry - an industry notorious for its high barriers of entry and complicated 
onboarding processes.

William B Heyn, CEO of trade.io commented:  "It's no secret that newcomers to 
crypto are hindered by complicated onboarding processes; we endeavor to reduce 
barriers and responsibly provide access to the crypto world."

This introduction of fiat purchases, drastically minimizes any obstacles 
presented to current and potential clients on the trade.io exchange, making the 
company a one-stop-shop for purchasing and trading crypto.

"Since foundation, Simplex has worked with leading exchanges to make mainstream 
entry to the crypto world simpler. Our fraud-free payment processing solution 
provides crypto merchants with a risk-free way to accept credit and debit 
cards, making the payment process seamless and familiar for mainstream" said 
Nimrod Lehavi, CEO and Co-Founder of Simplex, adding that "doing so will make 
it easier for mainstream users to enter the crypto world, growing the industry 
and transforming the financial space."

About trade.io

trade.io is a next-generation financial institution based on blockchain 
technology, comprised of its Exchange, Consulting Services, Incubator and 
Liquidity Pool which allows holders of its utility token "TIOx" the ability to 
participate in the growth of the company. By leveraging decades of experience 
in the investment banking, trading, fintech and compliance and combining them 
with the power and transparency of the distributed ledger, trade.io has created 
a truly unique platform built to grow and adapt as the blockchain industry 
continues to mature.

https://trade.io/en

About Simplex: 

Simplex is a FinTech company providing guaranteed fraudless payment processing 
solutions. Simplex processes credit card payments with a 100% zero fraud 
guarantee - in case of a chargeback, the merchant gets paid by Simplex. The 
cutting-edge Simplex fraud prevention solution and proprietary state-of-the-art 
AI technology stops fraudulent transactions and allows more legitimate ones to 
complete payments with ease and speed while increasing conversion rates and 
enabling merchants to focus on their business growth. 
Helen Astaniou, +357-25251008, Marketing@trade.io

Source: trade.io