Simplex Partners with Kava

Published on: 24.06.2021

Simplex has announced its partnership with Kava, the multi-asset DeFi platform.

This is to provide instant Fiat-to-DeFi gateway for cross-chain assets.

 

“We’re delighted about this new partnership with Kava.io which will give millions of users worldwide a simple and convenient way to purchase KAVA” said Ari Last, VP Business Development at Simplex.

This integration with Simplex, together with the upcoming release of Kava Swap, guarantees an explosive growth for the Kava ecosystem.

 

About Simplex

Simplex is the fiat/crypto infrastructure for the entire world. Powerful, seamless, and impactful, Simplex has been changing the status quo of crypto on/off ramps since 2014. They pioneered the first riskless global fiat onramp using a credit and debit card, which promises a zero chargeback guarantee. Simplex Banking offers the Simplex fraudless payment processing, with global payment accessibility. Working alongside the biggest names in the crypto ecosystem, including Binance, Huobi, Bitpay, Simplex provides the complete fiat infrastructure for the cryptocurrency ecosystem. As a licensed EU financial institution and a Principal Member of the Visa network, Simplex was selected as one of the 10 most impactful companies in blockchain in 2020.

 

About Kava

Kava is a multi-asset DeFi platform that offers stablecoins, loans, and other financial services for users of major cryptocurrency assets including BTC, XRP, BNB and ATOM to name a few. The Kava platform has three types of tokens, the KAVA token, HARD token and the USDX stablecoin where the KAVA token is the native token of the Kava blockchain integral in the security, governance, and mechanical functions of the platform.

 

🔽 INFO:

https://www.simplex.com/simplex-partners-with-kava-to-provide-instant-fiat-to-defi-gateway-for-cross-chain-assets

Market Stats:
BTC Dominance: 54.46%(+0.57%/24h)
ETH Dominance: 15.23%(-0.22%/24h)
Defi Market Cap: $84.89B(+2.73%/24h)
Total Market Cap: $2349.98B(+4.74%/24h)
Total Trading Volume 24h: $81.33B(+8.00%/24h)
ETH Market Cap: $358.08B
Defi to ETH Ratio: 23.71%
Defi Dominance: 3.44%
Altcoin Market Cap: $1070.07B
Altcoin Volume 24h: $48.56B
Total Cryptocurrencies: 29723
Active Cryptocurrencies: 9954
Active Market Pairs: 82125
Active Exchanges: 765
Total Exchanges: 8531
BTC: 65006.22$(0.32%/1H)
ETH: 2979.3$(0.13%/1H)
AVAX: 33.91$(-0.59%/1H)
BNB: 581.77$(0.17%/1H)
MATIC: 0.68$(0.29%/1H)
FTM: 0.7$(1.66%/1H)
ADA: 0.45$(-0.03%/1H)
DOT: 6.9$(0.52%/1H)
UNI: 7.28$(0.62%/1H)
CAKE: 2.59$(0.55%/1H)
SUSHI: 1.08$(0.7%/1H)
ONE: 0.02$(1.19%/1H)