Crypto platform 2Local announced a strategic partnership with leading payment platform Simplex to enable seamless crypto trading on its platform. Over time, the partnership has helped the firm tremendously grow towards achieving its goal of providing crypto services to as many people as possible.
“2local formed the partnership with Simplex was announced back in April. That helped 2local get listed on Bitrue exchange which just became under the 15th top exchanges on CoinmarketCap with a reliable and trouble-free way to buy and sell 2local coins,” the firm said in a press release.
Further, 2Local seeks to be listed on other top-tier crypto exchanges.
“2local has formed a partnership with Simplex.com to help facilitate buying crypto on 2local native HeX hybrid fiat/crypto exchange. With the fees that are the lowest in the industry, the partnership between 2local and Simplex offers 2local users to transact in crypto in a hassle-free way,” the company added in the press release.
2Local chose Simplex as its preferred partner to provide payment services for its market reputation. Notably, Simplex is an authorized financial organization that enables its massive network of partners to use the most extensive range of payment methods, including Visa, MasterCard, Apple Pay, SWIFT, SEPA among others.
Over the years, it has become a major part of the crypto industry that has significantly helped global adoption, especially to retail traders. The platform has been consistent in the delivery of its services, thereby gaining notable trust to investors. Moreover, there has never been any security breach incident since its inception. Hereby making the partnership a major step for 2Local and its future roadmap to succeeding.
Notably, 2Local customers can purchase up to 45 digital assets that are supported by the Simplex network. Worth noting, simplex supports approximately 50 fiat currencies and is planning to add more to the list. Consequently, the firm will make crypto adoption a reality at a much accelerated pace.
As the crypto industry continues to go mainstream even through governments adoption, 2Local is well-positioned to take up emerging opportunities at the same time provide key services. Moreover, the crypto industry needs a lot of players to enable healthy competition that brings about fair services to customers. However, the 2Local team has a huge task to navigate through the global regulatory framework that other crypto exchanges are going through.
