TechKnowable
Users of the Opera browser will now be able to buy cryptocurrencies directly from the web application by following a partnership with Simplex. Founded in 2014, Simplex is a European Union licensed fintech company that provides access to over 50 cryptocurrencies and is a core member of the Visa network.
Related: Trusted Internet: Why Secure Digital Identities Are Fundamental to Web 3.0
Opera Browser with Simplex Integration
The Opera browser was one of the first to integrate the use of cryptocurrencies into its core functions, providing built-in wallets for Bitcoin (BTC), Ether (ETH), and Tron (TRX). Now users will be able to switch from fiat to crypto just as easily.
Simplex’s technology infrastructure is used by numerous well-known crypto exchanges, such as Binance, Kucoin, OKEx, and others. The company has partnered with more than 350 crypto institutions since its launch, providing access to cryptocurrencies through debit and credit card purchases.
Opera browser’s approach to privacy is implemented with a free built-in VPN, and in 2020 it became the first browser to allow access to decentralized “.crypto” web URLs, in combination with Unstoppable Domains.
Related: How to Protect Your Kids from Hacker with Android Tracker
A representative for Simplex told Cointelegraph that the integration was in response to user demand and that the Know Your Customer verifications in the browser can be completed in minutes.
Opera is currently the fifth most used browser in the world and occupies around 2.5% of the market share behind Chrome, Safari, Firefox, and Microsoft Edge.
