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Writer's pictureCrypto News Point

Huobi Wallet Now Allows Crypto Purchases With Credit and Debit Cards

Huobi’s cryptocurrency wallet now allows users to buy cryptocurrencies with credit and debit cards and Apple Pay.

Until now, Huobi Wallet lacked a fiat onramp. It only allowed its users to exchange between different crypto assets and access to decentralized lending.


Got a credit card, debit card or Apple Pay? Then you are clicks away to crypto like #BTC #ETH #BCH #LTC #XRP and #USDC. Secure – Only you control your crypto. Simple – Done on Huobi Wallet App Super – Low rate Huobi Wallet – Crypto Investing, the Right Way. pic.twitter.com/H6Eo6z4g88 — HuobiWallet (@HuobiWallet) May 19, 2020

Huobi Wallet CEO Will Huang said

“[The app] has become a one-stop app for users to buy, store, swap and transfer crypto on the go, while retaining complete control of their assets.”

Huobi Wallet is purportedly one of the largest app of its kind in the Asia Pacific region supporting over 18 cryptocurrencies and multiple tokens and reportedly has over half a million users in 200 countries.

Simplex is a popular payment processing partner among major cryptocurrency firms. The firm recently started powering the fiat onramp of Bitmain-affiliated financial service platform Matrixport.

Source: Cointelegraph | Image: Unsplash

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