Crypto exchange VELIC partners with Simplex enabling purchases with credit card

VELIC, a crypto exchange out of South Korea, recently finalized its partnership with payment processor Simplex to enable its global users to purchase a range of popular cryptocurrencies with a credit card.

Users are able to buy BTC, BCH, ETH, XRP, LTC with both USD and EUR. Once purchased, these coins can be traded on VELIC Exchange.

Users are able to receive credits on Simplex fees in the form of native exchange token (VELT) on purchases of cryptocurrency $50 – $20,000.