Yesterday, NAGA announced the integration of Simplex API into its NAGA WALLET – effectively affording users the ability to purchase cryptocurrencies with credit cards.
A Very Logical and Long-Awaited Step
Yesterday, NAGA announced a strategic partnership with Simplex — a leading fraudless payment processing provider in the cryptocurrency space.
The two major fintech companies plan on using the partnership to ease and secure the process of purchasing major cryptocurrencies using a credit card and have them deposited directly into the user’s NAGA WALLET account.
This new feature will allow high limits and near-instant delivery of cryptocurrencies for NAGA WALLET users. In a joint-statement, NAGA Founders Benjamin Bilski and Yasin Sebastian Qureshi stated:
We believe this is a very logical and long-awaited step for the NAGA WALLET. With Simplex, NAGA WALLET users will be able to open the full potential of our state of the art wallet. We believe this partnership will significantly increase the user base for the whole NAGA Ecosystem.
Simplex’s integration with NAGA WALLET will allow users to buy Bitcoin (BTC), Litecoin (LTC), Bitcoin Cash (BCH) and Ethereum (ETH) using their credit card with a $50,000 limit per day.
A Straightforward Process
The process of buying cryptocurrency with a credit card on NAGA WALLET is very straightforward.
Users simply need to first decide which cryptocurrency they’d like to buy, then start the Simplex checkout procedure – which requires entering a billing address, providing credit card details, and uploading verification documents one time.
Cryptocurrencies purchased are credited to users’ NAGA WALLET immediately.
The Simplex API is integrated directly into the NAGA WALLET —thus making it the one and only of its kind.
NAGA WALLET and Simplex are both dedicated to providing the most streamlined process of buying cryptocurrencies in the easiest and most secure way possible for users. With NAGA WALLET, the purchasing of Bitcoin, Bitcoin Cash, Ethereum and Litecoin can now be done instantly in more than 100 countries around the world.
Interested users may try the newly integrated feature in the NAGA WALLET via the following link: https://naga.com/wallet/.
What do you think about Simplex’s integration with NAGA WALLET? Are you interested in using the service to purchase cryptocurrencies instantly with credit cards? Let us know your thoughts in the comments below!
Images courtesy of NAGA
The Rundown
