Simplex: Buy and Sell

Buying and Selling Cryptocurrency with Simplex in your Edge account

Edge has partnered with Simplex to offer you a simple way to purchase cryptocurrency with a credit card. Purchased cryptocurrency is sent directly to your Edge wallet. Here’s how:

How to Buy Crypto:

1. To see available options, tap the "Buy Crypto" or "Sell Crypto" section in your Edge account.
2. Follow the on-screen instructions to complete your purchase.

Available Cryptocurrencies:

Simplex currently offers:

• Bitcoin (BTC)
• Bitcoin Cash (BCH)
• Bitcoin SV (BSV)
• Ethereum (ETH)
• Litecoin (LTC)
• USDT
• (And other various cryptocurrencies, please check the buy crypto section of your edge wallet for a current list)

We are working to add support for more cryptocurrencies in the near future, so stay tuned!

Fees:

A total of up to 7% in fees are charged when buying cryptocurrency through Simplex in Edge:

• Edge: 1% (no minimum)
• Simplex: 5% ($10 minimum)

Note that your credit card company may charge additional fees, as they might treat the transaction as a cash advance. Please check with your credit card provider for any potential fees.

About Simplex:

Simplex is an EU-licensed financial institution that provides an online, fraud-free payment processing solution. Simplex enables merchants worldwide to accept¹ various payment methods, including credit card deposits and purchases, with zero exposure to chargeback risk. The company also operates a secure escrow service for large fiat-to-crypto transactions.

Simplex's AI technology² uses proprietary, fully automated, machine-learning algorithms to analyze each transaction, eliminating fraud and increasing conversion. By combining advanced payment processing with state-of-the-art fraud prevention technology, Simplex allows crypto merchants to introduce³ credit card purchasing to mainstream users worldwide.⁴ In addition to enhancing business growth, this combined solution significantly decreases the percentage of false declined transactions, which ultimately leads to an increase in conversions.⁵

As an active force in the crypto industry, Simplex identified the need to simplify the purchasing process for mainstream users, giving them a familiar e-commerce experience. Working with the largest crypto platforms and processing billions of dollars annually, Simplex has become⁶ a new industry standard. Founded in 2014 and initially operating in the crypto ecosystem, Simplex has expanded its services to the e-commerce industry and other verticals.⁷ (https://www.simplex.com/about/)

Simplex accepts VISA and MasterCard. However, some banks have their own terms regarding cryptocurrency and may decline payment from their side.

Support:

For issues with card support, please contact support@simplex.com.

FAQ:

• Why was my transaction declined?
  • Your bank may have declined the transaction. Please contact your bank or Simplex support.