I am very sorry to hear about the difficulties the fees applied to your transaction have caused you. Simplex also provides a KYC opt-out feature for purchases less than USD $150. This amount is calculated for the entire lifetime of the user. Here’s how you can buy cryptocurrency with Simplex on the BTCC app. We use dedicated people and clever technology to safeguard our platform. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
I would like to clarify that you are always able to see the exact amount of cryptocurrency you will receive, with the fees already deducted and the exchange rate at the time of your purchase applied, on the checkout page. At this stage, you have the option to either proceed with your payment, or opt out of the process entirely, should the amount seem unsatisfactory. Please read the full disclaimer and additional information in this window before clicking the check box and finally the “Go to payment” button at the bottom. All you need to do from this point is to enter the information that Simplex requests and you’ll be able to fund your account as easily as making any other credit or debit transaction. Use any debit or credit card to buy cryptocurrencies.
Buying Crypto Was Never This Easy
Gift Cards Check out an endless selection of gift cards available to buy with Bitcoin, Litecoin, XRP and other cryptos. I have thoroughly reviewed your most recent payment attempts and can see that all of them have indeed been declined by your bank. The integration of Simplex solutions for bank card processing allows traders and cryptocurrency exchanges to perform familiar e-commerce transactions with the maximum level of protection. About Us Learn more about CoinGate and meet the people working behind it.
- The fee amount is7%or$12, whichever is higher, (for amounts equal to or greater than $200.00) of the transaction cost.
- I was scammed, someone got hold of my personal information and my bank card and driving lisence and have taken £1,300 out of my bank.
- Quick and easy verification and quick and easy to recieve purchased crypto.
- In most cases, payments are processed within24 hours.In rare cases, it may take up to48 hoursdue to delays in identity verification or high demands on cryptocurrency.
- You may tap on the Return to BTCC button to go back to our app while you wait for the funds to arrive in your account.
Though using the crytocurrencies is new to me the ease that you have set up is easily used. It was as i expected but i wonder if it works also in reverse ….. Then on Dec 1/22 I also set up another account for $176.57 euro-$200.00 cdn. Next day conversation wanting more money for me to get my money. The industry’s top wizards and experts provide their best advice, research, how-tos, and insights – all to help you level-up your Crypto futures trading skills.
I bought $30 in Klever but according to what I saw ….I received $19.43 in Klever . I’m just extremely disappointed plus I’m thinking later I will have another $3 or $5 deducted from my account for fees. I did get what I purchased but my opinion is the fees are to much on small purchases. The best way to buy bitcoin with a credit card is through CoinGate either by using Simplex or MoonPay payment services.
Is simplex allowed in USA?
As a regulated financial institution, which is compliant to laws and policies both in the financial services and cryptocurrency fields, we have exceptions for some of the locations in the US when it comes to cryptocurrency purchasing and certain coin types.
Hello Staff, I put in $815 cdn on Nov 30/22 and after hearing the person on the other end of my phone( Oliver- Blockchain Financial Dept. I wanted my fund back into my bank account. Backing Simplex are bitcoin mining firms Bitmain and Cumberland Mining, and FundersClub, a crowdfunding platform that previously invested in Coinbase. A group of angel investors, which Simplex declined to name, also contributed to the funding. Feb. 07–Israeli bitcoin payment company Simplex has closed a $7 million Series A financing round with the participation of angel investors and companies in the bitcoin ecosystem, such as Bitmain and Cumberland.
We’re excited to announce the launch of Simplex Banking, now live on Poloniex! We’ve expanded our partnership with Simplex to bring even more options for buying and selling crypto from within your Poloniex account. You may tap on the Return to BTCC button to go back to our app while you wait for the funds to arrive in your account. You can buy bitcoin with a debit card by using Simplex or MoonPay services through CoinGate.
Can I buy bitcoin through simplex?
Using your Simplex Banking account balance, you can purchase all the leading cryptocurrencies and more. A full list of our supported cryptocurrencies can be found here.
Products Accept Crypto Payments Start accepting Bitcoin, Ether, NANO and other cryptocurrency payments on your website or store. Please note, depending on internal politics in regards to cryptocurrency operations, our services may be limited in some countries. The deposit will appear automatically in your address once Simplex finishes processing the purchase. Only concern is I was not able to use my Canadian credit card for purchase. My experience purchasing cryptocurrency through Simplex went very GALA smoothly. I can see that you are already in touch with our Analyst team , they will ask you additional questions in order to understand your situation better, as well as provide you with further support.
Thank you very much for taking the time to do so in advance! I sincerely hope that you will be able to resolve this issue with your bank. I was scammed, someone got hold of my personal information and my bank card and driving lisence and have taken £1,300 out of my bank.
Simplexis a fin-tech company that provides online merchants with fraud-free payment processing and acts as the credit card processor in the crypto world. The credit card processor is the organization that has contracted with an acquiring bank to process transactions on behalf of the merchants. We would like to highlight that Simplex is a payment processor for fiat to cryptocurrency purchases.
Please check out this briefguide on how to buy cryptowith Freewallet. Once payment is completed, you can check your payment status on Simplex. You will receive your purchased Cryptocurrency soon. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation.
The fastest way to buy bitcoin is by using a credit or debit card via Simplex or MoonPay payment services. Please be informed that the fees charged for your payments allow us to serve you in the most efficient and timely manner possible. Our fees can generally range between 3.5 and 5% of the total purchasing amount, with a minimum fee of 10 USD. The fees are deducted straight away and no additional charges should be taken. If you decide to not complete the verification process, the transaction will be canceled and your card will not be charged.
There’s a MUCH easier and MUCH cheaper way. Buy bitcoin in cashapp and transfer the Bitcoin to Klever wallet. Cashapp gives you a wallet to withdraw. I did $1k and it cost me a TOTAL of $17. Simplex ALONE will charge you $150!!!
— Serge Kannon (@SergeKannon) April 19, 2021
You will receive funds equal to the amount you enter minus service and transaction charges. We have created a convenient video to walk you through the process of purchasing crypto with your credit or debit card. Pass a quick verification process and receive your cryptocurrency within an hour.
If you are encountering a problem within the verification stage, please get in touch withSimplex Support team. We would absolutely love to do business with you, as one of our main sources of income comes from payment processing. On the next window, you will be asked to enter the amount that you wish to spend. Please note that not the full value of the crypto that you will receive, but the exact amount that is charged to your card.
You will also be asked to select wether you would like to purchase ETH or BTC, which can be selected from the drop down menu to the right. When you log in to the platform, you will be greeted with the window pictured below. The crypto amount quoted is based on the current rate and is not final.
— Everest Summit Pool – 0% fee (@Everest_ADA) April 29, 2021
Quick and easy verification and quick and easy to recieve purchased crypto. They don’t have the best rates but they are they make it up in effectiveness. Impossible to login because of the SMS verification, their SMS provider has a problem and cannot send SMS to my https://www.beaxy.com/ phone number, so I cannot login. Support refuses to provide another solution to login, I even told them they can call me on that phone number to verify, but they don’t wanna do anything, they just ask me to wait, it’s been 5 days that I cannot access my money.
The cryptocurrency is provided by the online exchange services and Simplex integrates with them to fulfill the credit card payment process. Hence,Simplexis responsible for risk analysis, processing the payments with the credit card company, and finalizing the transaction. Based on advanced AI technology,Simplex’sautomated system facilitates processing online payments while assessing risk withmaximum speed and accuracy.