{"id":355173,"date":"2018-10-25T15:00:13","date_gmt":"2018-10-25T15:00:13","guid":{"rendered":"https:\/\/wncen.com\/?p=355173"},"modified":"2018-10-25T09:44:12","modified_gmt":"2018-10-25T09:44:12","slug":"can-crypto-credit-cards-bridge-the-two-financial-realms","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ai-and-tech\/can-crypto-credit-cards-bridge-the-two-financial-realms\/","title":{"rendered":"Can Crypto Credit Cards Bridge the Two Financial Realms?"},"content":{"rendered":"
To the dismay\u00a0of decentralists, the relationship between traditional institutions and the crypto world has always been one-sided, with the former group consistently having the upper hand over the latter. However, with the arrival of crypto-backed debit and credit cards, some are claiming that the tables are poised to turn.<\/p>\n
On Monday, Prague-based Changelly, a popular “instant” cryptocurrency exchange, recently revealed that entered a strategic partnership with Simplex, a global fintech payment processor, to offer fiat-to-crypto support for Ripple’s XRP. Now, users of the international platform will be able to purchase XRP with their credit card. This near-instant service doesn’t come cheap, however, as the two partners reportedly charge 10% per fiat transaction \u2014 essentially an arm and a leg.<\/p>\n
\n\u26a1\ufe0fBig news for #Ripple<\/a> fans! You can seamlessly buy $XRP<\/a> on Changelly via our partner @SimplexCC<\/a> from now on.
Give it a shot \ud83d\udc49 https:\/\/t.co\/ETBVJSIj2y<\/a>@Ripple<\/a> @RippleFeed<\/a> #XRP<\/a> #simplex<\/a> #cryptocurrency<\/a> #blockchain<\/a> pic.twitter.com\/IKOmiXY2Gx<\/a><\/p>\n— Changelly (@Changelly_team) October 22, 2018<\/a><\/p><\/blockquote>\n