Best Way to Buy Cryptos with Simplex
Buying cryptos with Simplex is a straightforward process. Simplex is commonly integrated into various cryptocurrency exchanges and wallet platforms to facilitate fiat-to-crypto transactions, primarily through credit and debit card payments.
We recommend OKX as the best crypto exchange for users to buy Bitcoin and other cryptos with Simplex, as the platform offers over 350 cryptos, including BTC, ETH, DOGE, USDT, and many more, for active trading.
That’s not all; OKX offers users one of the lowest trading fees in the crypto market. For spot trading, charges are 0.08% for makers and 0.1% for takers, while for futures trading, charges are as low as 0.02% for makers and 0.05% for takers.
Another thing about OKX is that it integrates Simplex as one of the third-party payment providers on the exchange, allowing users to buy cryptos with various payment options at low fees. Users can access multiple fiat currencies, including USD, GBP, and EUR.
Follow the step-by-step guidelines below to buy Bitcoin and other cryptos with Simplex on OKX securely.
Step 1: Create and verify your OKX account
To buy cryptos with Simplex on OKX, you must first set up your account and verify your identity, as OKX requires KYC verification for crypto purchases. Sign up with your email address or phone number and verify your identity by uploading a valid ID and completing the facial recognition.
Step 2: Go to the “Buy Crypto” Section
Click “Buy Crypto” at the top of the homepage and select “Third-party payment.”
Step 3: Input your order details
Proceed to select the desired crypto and preferred fiat currency for payment. Then, enter your purchase amount. A list of third-party payment providers and their offers will be provided below.
Step 4: Select Simplex as your Payment Method
Browse the list of supported third-party payment providers and Choose “Simplex,” then click “Buy.” You also get to select your preferred means of payment to proceed with on Simplex. Simplex primarily supports credit and debit card payments. Other methods include Google Pay, ApplePay, and many more.
After clicking “Buy,” you’ll be taken to Simplex’s website to complete your payment with your preferred option. Follow the prompts provided on the website to complete your purchase securely.
To comply with regulatory requirements, you must enter your personal information and undergo a verification process before completing your payment. Once your transaction is complete, your cryptos will be released to your OKX account.
About Simplex
Simplex is a financial technology company that provides fiat-to-cryptocurrency payment processing services. Simplex’s primary focus is enabling users to purchase cryptocurrencies using credit and debit cards with a user-friendly and streamlined process.
The platform has also partnered with various cryptocurrency exchanges and wallet providers to integrate its payment processing services. These partnerships help to enhance the overall user experience for buying and selling cryptocurrencies.
Bottom Line
As an active trader who purchases cryptos frequently, using Simplex can be very resourceful for you. With Simplex on OKX, you can buy Bitcoin and other digital assets with your credit/debit card or any other preferred payment option at little to no cost. You can follow the guidelines provided above to help you securely purchase cryptos with Simplex on OKX.
