Simpex is a Cryptocurrency Exchange which offers fiat currency deposits and withdrawals, a native Cryptocurrency (SPX) for low-fee transactions and is planned to have more then 20 Cryptocurrencies added on the first day of exchange launch and around 100 Cryptocurrencies in the first year of operation. Simpex solves the biggest problems of most exchanges, such as: buying and selling a wide variety of cryptos with fiat ( Credit Cards and online / offline Payment Gateways ), risk of online Exchange wallets to be hacked and slow transactions.
- Very fast fiat to SPX transactions
- Fast and Secure Exchange
- 20+ Cryptocurrencies
Simpex Exchange comes with a modern user-centric interface, easy to use even for beginners. Simpex Exchange is capable of handling millions of transactions per second with the lowest fees on the market when
using SPX Tokens.
Simpex Application will have a built-in Wallet, which is separate from your Exchange Wallet, so the private keys are completely controlled by the Simpex Wallet App’s user and the wallet is secured by three-factor authentication.
Simpex Exchange will have 20+ cryptocurrencies integrated from the first day of exchange launch, cryptocurrencies considered to start with are: Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Stellar, Cardano, IOTA, Tron, NEO, Monero, Dash, NEM, Ethereum Classic, OmiseGO, ZCash, Lisk, Verge, Nano, Stratis, Ark, PIVX and Electroneum. Simpex Exchange will also have 2 fiat currencies: USD and EURO added as pairs for SPX and top 3 cryptocurrencies. Simpex Exchange is planned to offer Credit / Debit Card and Paypal as payment option for buying SPX Tokens.
Simpex Exchange targets users who are usually beginners with an easy and secure way to purchase cryptocurrencies with fiat currencies, users who find other exchanges too complicated, not very secure, expensive to transact and trade on.
SimpexPay is a very secure instant payment as off-chain transactions payment gateway, for very low fees in SPX Tokens. SimpexPay will have a wide variety of plugins for eCommerce platforms and easy-to-integrate
Payment Gateway. SimpexPay solves the biggest problems with Cryptocurrency payments, such as: slow transactions, which is the biggest barrier of adoption to real-world payments, high fees and a very limited amount of payment gateway integration.
Using the Simpex Desktop or Mobile Application, under SimpexPay you can send, receive and import SPX tokens from Exchange, Paper or Hardware Wallets. Users can send or pay with SPX Tokens from their
SimpexPay Balance by scanning the QR-code of the wallet they want to send tokens to or type in the SimpexPay wallet address of the receiver. The transaction times usually takes up to 10s.
SimpexPay will have a WooCommerce plugin extension from the first day of SimpexPay launch and plugins / payment gateway integrations for all major eCommerce platforms, without fees for accepting SPX Tokens.
Fees and Limitations
SimpexPay transaction fee for sending between 1 and 10.000 SPX Tokens is only 1%, for sending between 10.001 and 50.000 SPX is 0.5%. The maximum amount to be sent is limited to 50.000 SPX for legal and security reasons.
Simpex Wallet is a secure wallet inside the Simpex application where application users can store all exchange-supported Cryptocurrencies on a secure wallet, where users can hold their own private keys and can secure their wallets with three-factor authentication ( 3FA ), which consists of: email or sms verification, 4 to 8 digit pin code, facial recognition or fingerprint scan ( on supported devices only ) and google 2FA ( two-factor authenticator ) option. The Simpex Wallet has exchange transfer functionality which will allow users to easily transfer SPX Tokens from the Secure Wallet to their Exchange Wallet.
The Simpex Secure Wallet is compatible with all Exchange supported Cryptocurrencies, so every Cryptocurrency , which is integrated to the Simpex Exchange can be stored on the Secure Wallet. The Wallet application can be used to securely hold, send and receive Cryptocurrencies.
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