# KuCoin enables credit card payments for cryptocurrencies via Simplex partnership

By Shampa Mani

Canonical URL: https://www.tokenpost.com/news/business/821
Published: 2018-11-29T07:26:35.000Z
Updated: 2018-11-29T07:26:35.000Z
Section: Business

> Singapore-based cryptocurrency exchange KuCoin has entered into a partnership with Simplex, a payment processing solutions provider headquartered in Israel.

Singapore-based cryptocurrency exchange [KuCoin](<https://www.kucoin.com/#/>) has entered into a [partnership](<https://news.kucoin.com/en/kucoin-partners-with-simplex-to-enable-credit-card-payments-for-crypto/>) with Simplex, a payment processing solutions provider headquartered in Israel.

As a result of this partnership, new and existing KuCoin users would now be able to purchase cryptocurrencies using their credit and debit cards.

KuCoin Partners with Simplex to Enable Credit Card Payments for Crypto

See the official announcement here:[https://t.co/raAKTHUacj](<https://t.co/raAKTHUacj>)[@SimplexCC](<https://twitter.com/SimplexCC?ref_src=twsrc%5Etfw>) [pic.twitter.com/5btQpeuigf](<https://t.co/5btQpeuigf>)

— KuCoin Updates (@KuCoinUpdates) [November 28, 2018](<https://twitter.com/KuCoinUpdates/status/1067742176329768960?ref_src=twsrc%5Etfw>)

“This service can be found in “Assets – Deposit” and currently supports the purchasing of BTC, ETH, and LTC with both USD and EUR in over 100 countries,” KuCoin said.

Founded in 2014, Simplex works with some of the largest crypto exchanges, wallets and platforms including Shapeshift, BRD, Litecoin Foundation, Mycrypto, XAPO and Changelly.

Earlier this month, KuCoin raised $20 million in a [Series A funding round](<https://tokenpost.com/Singaporean-crypto-startup-KuCoin-secures-20M-in-Series-A-round-723>) from IDG Capital, Matrix Partners, and Neo Global Capital. The funding will be used towards bringing [KuCoin Platform 2.0](<https://medium.com/kucoinexchange/kucoin-platform-2-0-bi-weekly-progress-update-6a0b111ad7f7>) to life, increasing customer support staff, global expansion, and blockchain research and development.

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## Links in this article

- [KuCoin](https://www.kucoin.com/#/)
- [partnership](https://news.kucoin.com/en/kucoin-partners-with-simplex-to-enable-credit-card-payments-for-crypto/)
- [https://t.co/raAKTHUacj](https://t.co/raAKTHUacj)
- [@SimplexCC](https://twitter.com/SimplexCC?ref_src=twsrc%5Etfw)
- [pic.twitter.com/5btQpeuigf](https://t.co/5btQpeuigf)
- [November 28, 2018](https://twitter.com/KuCoinUpdates/status/1067742176329768960?ref_src=twsrc%5Etfw)
- [Series A funding round](https://tokenpost.com/Singaporean-crypto-startup-KuCoin-secures-20M-in-Series-A-round-723)
- [KuCoin Platform 2.0](https://medium.com/kucoinexchange/kucoin-platform-2-0-bi-weekly-progress-update-6a0b111ad7f7)
- [Donate](https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=GD9D8CPW8HFA2)