Cryptocurrency Digital Payments News

GMT Partner up With Simplex to Allow to Buy Token With Credit Card

GMT Partner up With Simplex to Allow to Buy Token With Credit Card

GMT implemented a new way to buy its tokens. In addition to the crypto-to-crypto method of purchasing GMT token, which allows you to buy tokens through a personal account by using an intermediary cryptocurrency, GMT has introduced the ability to buy through fiat, using a credit card, Apple Pay or bank transfer.

GMT now cooperates with the Simplex service which lets people buy cryptocurrencies and pay by credit card as well as other payment methods. This partnership eases the process of buying and operating with GMT, especially for those who want to buy using fiat instead of having to first purchase crypto.

Latest Fintech News: Vartana Launches With $57 Million in Seed Funding to Be the “Affirm for B2B”

From now on holders don’t have to buy an intermediary cryptocurrency before buying GMT token, they will be able to buy it with a card. Buying tokens with fiat will not be a long process. The average time for receipt of tokens on the account is no more than 40 minutes.

This way of buying tokens simplifies the purchase for those who do not want to spend time and effort on buying an intermediary cryptocurrency in order to buy GMT Token.

At the moment, it is possible to purchase tokens on the ERC-20 standard, but it is planned to introduce the option of purchasing on the BEP-20 standard as well.

Latest Fintech News: Arbor Digital and Digital Asset Research Announce Partnership to Enhance Crypto Asset Selection Due Diligence

About Simplex

Simplex, part of $15 billion company Nuvei, is the fiat/crypto infrastructure for the entire world. An EU-licensed financial institution, Simplex aims to change the status quo of the current crypto markets by providing simple, seamless, and secure channels to convert over 110+ fiat currencies to 120+ cryptocurrencies. Simplex already empowers its vast network of partners to accept the widest range of payment methods, including Visa, MasterCard, Apple Pay, SWIFT, SEPA, and more.

Latest Fintech News: TopLine Federal Credit Union Sponsors Student-Led Financial Literacy Research

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

Botanical Solution Inc. (BSI) Secures $6.1 Million In Series A First Closing

Fintech News Desk

Integral Secures $6.9 Million Seed Round led by Haystack to Maximize Data Privacy and Quality

Business Wire

MortgageRight Unveils Innovative “Test Drive” Campaign to Revolutionize Mortgage Branching Platform

GlobeNewswire
1