Simplex is one of the world’s leading platforms where you can buy bitcoins with a bank card. However, they don’t work with end users, their target audience is the B2B segment.
The problem for end users is that most of their partners add their own fee as they make money on reselling bitcoins. But with BestRate you can buy bitcoins and any of 80+ supported cryptos without any additional commission.
Buy bitcoins with BestRate
Now that we have set up a partnership with Simplex, you can enjoy the following benefits that our service provides:
- Only 5% fee. We don’t charge any additional fees, so you can enjoy buying cryptos through the service with the fees that are much lower than the market average.
- No need to sign up.
- Fast and easy verification. Simplex has minimum requirements for passing the KYC (Know-Your-Customer) procedure and it usually takes from 5 to 30 minutes for a user to get verified.
- Security. Buy bitcoins directly to your wallet. You don’t need to entrust your crypto funds to any third parties and you have full control over your digital money.
Compare BestRate with other services
Simplex has many partners that resell bitcoin, ether and other cryptos and add their own fee. The most popular of them sell cryptos with the following fees (Simplex commission included):
- Changelly – 10%
- Shapeshift – 7.5%
- Buy.bitcoin.com – 7.5%
- Coingate – 8%
Now compare their offer to ours and feel the difference!
How to buy bitcoins on our service
As we’ve already stated above, the procedure is really simple. Here’s a step-by-step guide on how you can buy bitcoins and other cryptos.
- Get yourself a wallet for storing cryptos (Metamask for Ether, Jaxx or Exodus for Bitcoin and other altcoins). You can download a desktop edition or use the Chrome extension.
- Go to BestRate.org.
- Select USD or EUR. On the right-hand drop-down menu, select which crypto you want to buy. Type how much money you want to exchange. Remember that Simplex imposes a limitation per transaction, you can spend from $50 to $1,000 at a time. Click “Find the best rate” button.
- On the next, step, our service will offer different rates for exchanging FIAT to crypto. Select Simplex as it offers the best rate.
- Enter your crypto-address. Copy-paste it from the wallet that you created at the first step. Enter your email address to receive notifications about the transaction status.
- You will be redirected to Simplex payout page. Here you will need to enter the basic information about yourself, such as your name, phone number, date of birth and billing address. Note that no documents are required here.
- If this is the first time that you buy cryptos with Simplex, follow the instructions to verify your email address and phone number.
- Enter your card details and proceed with the payment verification.
- Enter your ID document details and upload the scan of this document. The verification process usually takes from 5 to 30 minutes. Once the process is complete, the money will get directly to your wallet.
The easiest way for an end-user to buy cryptocurrency is to use a bank card as the process is not very much different from usual online shopping.
BestRate offers not only the most easy and fast way to buy bitcoins and other cryptos, but also the lowest fees which makes our offer one of the best in the market.
Go to our website and buy bitcoins with a bank card now!