An altcoin project that is among the top 50 candidates by market capitalization has announced its partnership with an EU-licensed financial institution. Thanks to the partnership, users will be able to easily make crypto money transactions through global payment systems.
Financial institution Simplex is collaborating with this altcoin
Neo, which defines itself as the foundation of the next generation internet, announced its partnership with Simplex, an EU licensed financial institution. NEO is a blockchain developed to fully digitize assets and identities through smart contracts. The partnership provides extreme convenience in purchasing NEO, GAS and other cryptocurrencies. Users will now have the ability to directly purchase cryptocurrencies on the Neo network from Visa, Mastercard, SEPA, SWIFT and various global payment systems.
Neo Ecosystem Development Director John Wang made the following statements about the Simplex partnership:
Neo cares about our user experience as much as we care about our developer experience. Last year’s Neo N3 launch enhanced previous versions of the Neo platform, delivering a significantly improved development experience. Working with Simplex to provide users with inputs and outputs to NEO and other cryptocurrencies addresses another aspect of providing the best possible experience to anyone who interacts with Neo. We look forward to our partnership with Simplex.
About Neo
Founded in 2014 as Antshares, Neo is a blockchain platform known for putting developers at the center of its vision. It offers a rich ecosystem of Dapps, which are decentralized applications. Neo is one of the most featured Blockchain platforms for building decentralized applications. The platform allows developers to digitize the management of assets through smart contracts. It also makes it possible to automate and code in traditional Web2 languages.
About Simplex
Simplex, in short, is fiat/crypto infrastructure. Simplex by Nuvei, an EU-licensed financial institution, aims to change the status quo of existing crypto markets by providing simple, seamless and secure channels to convert over 100 fiat currencies to over 170 cryptocurrencies. Simplex actively supports existing and new protocols in the industry, nurturing and expanding its portfolio of supported cryptocurrencies.
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