Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Polkadot Forum => Topic started by: Malam90 on March 20, 2021, 04:06:39 AM
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The integration with Simplex will provide DOT users another route from fiat into crypto.
Fiat-to-crypto on-ramp provider Simplex will now support Polkadot in its network of crypto exchanges, wallets and brokers.
In an announcement today, Simplex said its integration of Polkadot and its DOT token would allow crypto users to purchase the token with a credit or debit card, Apple Pay or bank transfer. The financial institution is aiming for “mass cryptocurrency acquisition and adoption,” saying that the addition of DOT to its list of supported digital assets would bring it closer to this goal. Source (https://cointelegraph.com/news/polkadot-becomes-latest-to-use-simplex-s-fiat-onramp)
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If the fees are low enough this is another positve stimuli for Dot , all those factors will be pushing dots price higher and higher bringing more money in to the system with BTC in supply crisis bringing more excitement and price action across all markets
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This is great news. Polkadot is developing very quickly and rapidly. They are doing very well. I do not regret at all that I bought their coin.