Simplex Adds Fiat Onramp for VeChain’s VET

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Fiat-to-cryptocurrency onramp infrastructure solution Simplex and VeChain have entered into a partnership to allow cryptocurrency users to buy VeChain’s token VET more easily.

To this end, Simplex has added support for the VET token, allowing this way users to acquire the cryptocurrency through a wide range of fiat options.

According to Simplex, users can now purchase the token with credit and debit cards, Apple Pay, or via bank transfers through Simplex Banking on Simplex’s partners, which include, among others, leading exchanges and wallets including Bitrue, Digifinex and Guarda Wallet.

With the support to this token, Simplex expands its existing ecosystem, which allows the conversion of over 50+ fiat currencies to 90+ cryptocurrencies. Such a big name in the crypto industry has attracted the interest of important players like LVMH, Haier, BMW, Groupe Renault, DNV and PricewaterhouseCoopers (PWC), who are partners of the company.