Distributed public ledger Hedera Hashgraph’s native cryptocurrency HBAR is now available for purchase through Israel-based global fiat payment processor Simplex, the companies announced Monday.
- In a statement, Simplex said the integration will enable users to buy and sell hbar with a credit or debit card using its global platform.
- Simplex is an European Union-licensed financial institution that provides global fiat infrastructure to enable secure credit card processing for the crypto industry. It already supports a host of cryptocurrencies on its platform including bitcoin (BTC), ether (ETH), bitcoin cash (BCH), XRP and litecoin (LTC).
- Hedera Hashgraph launched its network in September and has since processed over 200 million transactions worldwide, the companies said.
- Earlier this year, Binance integrated Simplex into its platform to expand the range of fiat currencies users can use to purchase crypto.
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