Simplex Offers Fiat On-Ramp to Buy Polkadot's DOT | Finance Magnates

in hive-116221 •  4 years ago 

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DOT, Polkadot's native token on its multi-chain network that connects different blockchains into a single network, can now be purchased using credit and debit cards. This milestone comes on the back of a new partnership with crypto payment gateway, Simplex.

Simplex provides fiat on-ramp infrastructure for several cryptocurrency exchanges, brokers, and wallets. The agreement will allow DOT holders to conduct and settle crypto transactions, a grey area of business where a gauntlet of KYC requirements and other regulations kick in.


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