OceanEx Enables “BUY CRYPTO” With Debit and Credit Card Payments

We are excited to announce that OceanEx has enabled “BUY CRYPTO” with debit and credit card payments on Jan 7th, 2020 (UTC+8). We offer one of the best routes to purchase cryptos using debit or credit cards (Visa or MasterCard) on OceanEx. Our new service ‘Buy Crypto’ supports five mainstream digital currencies including BTC、LTC、ETH、BCH and XRP.

We cooperated with the internationally renowned payment platform Simplex. Simplex’s AI algorithm analyzes risk pertaining to every payment and every user, leveraging hundreds of data points. Their in-flow verification mechanisms block fraudulent users, increase conversions and allow more merchants to accept online payments. OceanEx cooperated with Simplex to provide OceanExers with a more secure, fast and convenient way to buy cryptocurrencies by fiat. All users can purchase digital asset through credit card and debit card to complete transactions instantly within only 10–30 minutes. Both Visa and MasterCard are accepted.

For detailed tutorial please refer to How do I Get Started on Simplex.

Normally, the cheapest fee of international credit cards is 2%, and most of the service providers are not crypto friendly. Relatively speaking, Simplex charges only 3.5% per transaction (10 USD minimum) for international credit card users. At present, the global fiat gateways are mainly OTC and international transfers. However, because some OTC channels are not authorized by third-party institutions, the asset of users cannot be protected at the highest level. Although international deposit can support larger deposit amounts, longer waiting time is not in line with the rapidly changing digital market.

Our ‘Buy Crypto’ service is settled in dollars, and the payment limit per person is $20,000 per day or $50,000 per month and the limit of single payment is $50 to $20,000. In order to ensure trading security, before the first time fiat deposit through Debit/Credit card, you need to provide identity information for authentication. After successful payment, the purchased digital assets will be transferred to your OceanEx wallet instantly within 10–30 minutes and can be inquired in the deposit record.

In order to comply with the relevant laws of digital currencies in various countries and regions around the world, you can click here to check the specific restricted areas of ‘Buy Crypto’ service.

Risk Warning: OceanEx provides a digital asset exchange platform. Cryptocurrency investment is subject to high risks and please be cautious about investing in the market.

OceanEx Team

Jan/7/2020

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