Bakkt vs. Simplex Comparison


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About Bakkt is a digital asset platform that enables individuals and businesses to buy, sell, and manage a wide range of digital assets, from cryptocurrencies to loyalty points. Founded in 2018 by Intercontinental Exchange (ICE), Bakkt initially focused on institutional cryptocurrency trading and secure storage solutions. Over time, it expanded its services to support a broader vision of digital asset accessibility, providing a platform that bridges digital currencies and traditional financial systems. Bakkt’s offerings include a mobile app for consumers, enabling them to manage digital assets, convert points and rewards into cash, and make everyday purchases using cryptocurrencies. The platform also facilitates business solutions by enabling companies to integrate digital asset options into their products and services, enhancing customer engagement and loyalty. Bakkt aims to simplify the digital asset ecosystem and drive mainstream adoption through secure, and regulated solution.	About Powerful. Seamless. Impactful. As the industry leader, we empower hundreds of partners to enable millions of people to buy billions of dollars in digital assets. Simplex, a licensed financial institution, empowers its vast network of partners to accept the widest range of payment methods, including Visa, MasterCard, Apple Pay, SWIFT, SEPA, and more! Zero risk, zero rolling reserve, zero security incidents. Highest conversion rates, multiple acquiring solutions. Enabling the purchase of 90+ cryptocurrencies through Simplex’s network of hundreds of partners. As a team obsessed with crypto adoption, we’re constantly rolling out support for additional currencies, including over 50 fiat currencies to date.Innovative solutions ensuring 100% fraudless transactions for you and your users, so you can focus on your expertise.
Platforms Supported Windows Not Supported Mac Not Supported Linux Not Supported Cloud Supported On-Premises Not Supported iPhone Supported iPad Supported Android Supported Chromebook Not Supported	Platforms Supported Windows Not Supported Mac Not Supported Linux Not Supported Cloud Supported On-Premises Not Supported iPhone Not Supported iPad Not Supported Android Not Supported Chromebook Not Supported
Audience Bakkt's target audience encompasses both individual consumers and businesses seeking to engage with digital assets	Audience Crypto companies
Support Phone Support Not Supported 24/7 Live Support Not Supported Online Supported	Support Phone Support Not Supported 24/7 Live Support Not Supported Online Supported
API Offers API Supported	API Offers API Not Supported
Screenshots and Videos View more images or videos	Screenshots and Videos View more images or videos
Pricing No information available. Free Version Supported Free Trial Not Supported	Pricing No information available. Free Version Not Supported Free Trial Not Supported
Reviews/Ratings Overall 1.0 / 5 ease 1.0 / 5 features 1.0 / 5 design 1.0 / 5 support 1.0 / 5 Read all reviews	Reviews/Ratings Overall 1.0 / 5 ease 1.0 / 5 features 1.0 / 5 design 1.0 / 5 support 1.0 / 5 Read all reviews
Pros & Cons from Real Users Pros No human customer service phone. I never get access to my deposits within 5 business days. All of the other companies I use give access to my cash/deposits in seconds. Cons Response with a bot, never have I ever heard from or talked to a person live. NO CUSTOMER SERVICE OVER THE PHONE "EVER"!!!!!!!!!	Pros & Cons from Real Users Pros NONE AT ALL - absolutely no pros, not in any area, not one good thing about the company or my experience Cons Located in Lithuania Offshore broker that is not reliable and abuses the regulations Listed on many countries' broker scam/fraud lists No refunds, tells you they are not responsible for ensuring bitcoin is delivered
Training Documentation Supported Webinars Not Supported Live Online Not Supported In Person Not Supported	Training Documentation Supported Webinars Not Supported Live Online Not Supported In Person Not Supported
Company Information Bakkt Founded: 2018 United States www.bakkt.com	Company Information Simplex Founded: 2014 Israel www.simplex.com
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Categories Cold Wallets Supported Crypto Custodians Supported Crypto Wallets Supported Cryptocurrency Exchanges Supported Cryptocurrency Payment Supported Digital Wallets Supported Mobile Payment Supported	Categories Cryptocurrency Exchanges Supported Cryptocurrency Payment Supported

Integrations Apple Pay Supported Bit.com Not Supported Bitcoin Supported CoinLedger Supported Eidoo Wallet Not Supported Evercode White Label Wallet Not Supported Google Pay Supported Meld Not Supported MyEtherWallet (MEW) Not Supported Onez White Label Wallet Not Supported Onramper Not Supported Plaid Supported ProBit Global Not Supported iMe Not Supported isolved Not Supported Show More Integrations View All 5 Integrations	Integrations Apple Pay Not Supported Bit.com Supported Bitcoin Not Supported CoinLedger Not Supported Eidoo Wallet Supported Evercode White Label Wallet Supported Google Pay Not Supported Meld Supported MyEtherWallet (MEW) Supported Onez White Label Wallet Supported Onramper Supported Plaid Not Supported ProBit Global Supported iMe Supported isolved Supported Show More Integrations View All 10 Integrations
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