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Fiat-to-Crypto Onramp Unlocks Direct Bitcoin, Ethereum and Litecoin Purchases for Mobile App Users

Celsius Network members on the go can now buy Bitcoin, Ether, Litecoin and other leading cryptocurrencies on their credit cards using the platform’s mobile app.

The crypto interest income platform has partnered with leading cryptocurrency payment processing firm Simplex to give consumers the ability to make BTC, ETH, LTC and other crypto purchases using credit and debit cards directly from the Celsius app for a fee of 3.5%.

Celsius Network is a fiat-crypto onramp

Cryptocurrencies currently supported by Celsius Network include Bitcoin, Ether, Litecoin, XRP, ZCash, Bitcoin Cash and Dash.

The integration allows users to save 50% on applicable credit card transaction fees.

Says Celsius Network CEO Alex Mashinsky,

“Members can now earn, borrow, buy, and save crypto seamlessly inside the Celsius app without ever paying any fees or being penalized to access your own funds.”

The integration provides another onramp for crypto buyers. Celsius Network joins exchanges such as Binance that use Simplex to connect investors’ traditional credit cards to their Bitcoin and crypto portals. Read More