- 1 Is it safe to buy through simplex?
- 2 Is simplex crypto safe?
- 3 Is simplex regulated?
- 4 What is simplex payment?
- 5 Does simplex work in the US?
- 6 How can I get my money back from Simplex?
- 7 Why does Simplex need my ID?
- 8 Is simplex allowed in us?
- 9 Does simplex charge a fee?
- 10 Can I use simplex in Louisiana?
- 11 Can I use simplex in NY?
- 12 Why does simplex want my passport?
- 13 How can I buy crypto without ID?
- 14 Is trust crypto wallet safe?
Is it safe to buy through simplex?
Simplex is a scam.
Is simplex crypto safe?
Benefits of using Simplex: Non-existent risks, zero rolling reserves, no security incidents. Top conversion rates, manifold acquiring solutions. Empowering the purchase of 45+ cryptocurrencies by means of Simplex's network of multiple partners.
Is simplex regulated?
Simplex is a fully EU licensed Electronic Money Institution (EMI) regulated by the Central Bank of Lithuania.
What is simplex payment?
Simplex is a fintech company that provides online cryptocurrency merchants with fraud-free payment processing. … Simplex integrates with online cryptocurrency exchanges and wallet providers to fulfill the card payment process.
Does simplex work in the US?
Yes, Simplex accepts VISA and Mastercard credit and debit cards. It currently does not support American Express, Discover, or Bank of America cards.
How can I get my money back from Simplex?
Unfortunately, due to the irreversible nature of cryptocurrency transactions, we do not offer refunds. Please be aware that once your payment is approved and the cryptocurrency is sent – our part of in the transaction is over as we do not have access to that cryptocurrency anymore.
Why does Simplex need my ID?
As we are a licensed and regulated payment processing company, we have to take this extra level of authentication in order to comply with “Know Your Customer” (KYC) and “Anti-Money Laundering” (AML) regulations.
Is simplex allowed in us?
Yes, Simplex accepts VISA and Mastercard credit and debit cards. It currently does not support American Express, Discover, or Bank of America cards. You may want to check with your card carrier first to see if they accept crypto transactions to avoid a potential decline.
Does simplex charge a fee?
Simplex charges a 5% fee with $10 USD as a minimum. BitPay charges a 1% fee for this service. To minimize the fee percentage, we suggest a minimum purchase of 200 USD.
Can I use simplex in Louisiana?
As of today, in addition to all of the other regions it serves, Simplex supports the purchase of cryptocurrency from users in Nevada (NV), Washington (WA), New Mexico (NM), Vermont (VT), Alaska (AK) and Louisiana (LA).
Can I use simplex in NY?
The Simplex service isn't supported in some countries, while, in the U.S., it doesn't cover the following states: New York, Georgia, Connecticut, New Mexico, Hawaii and Washington. Finally, support for banks is not universal, which means that some users will not be able to buy on Binance using their credit card.
Why does simplex want my passport?
The selfie is required for security purposes. We want to know that you are indeed the owner of the card in use, and we may request a photo or a video selfie for verification. Note that if you do not complete the verification process, your transaction will be cancelled.
How can I buy crypto without ID?
- Buying Bitcoin with No ID: 7 of Your Exchange Options.
- LocalBitcoins: Buy Your Digital Currency Anywhere.
- BitQuick: Buy Your Digital Currency with Cash.
- Bitcoin ATMs: Do You Have One Near You?
- Bitcoin (BTC) Exchanges without Verification.
- Tutorials: Buy Bitcoin in Less than 20 Minutes.
Is trust crypto wallet safe?
Whether you are looking for an Ethereum wallet or Bitcoin wallet, Trust provides a secure system that makes it simple to buy and store multiple cryptocurrencies such as Bitcoin, Ethereum, Tron, Litecoin, NFTs and many other ERC20, BEP20 and ERC721 tokens on your device.