Tap Into $1.39Trillion of Crypto Market Cap Thru RioWallet Mobile App

2 min readJan 13, 2022


Bitcoin maxis, Ethereum 2.0 believers, stablecoin investors & DeFi degens, we have big news for you!

RioWallet Mobile App’s latest development with Simplex now allows you to buy the world’s biggest market cap cryptocurrencies using 110 Fiat currencies through the convenience of our mobile app.

RioWallet Mobile App is a multi chain wallet that supports 7 of the biggest blockchain ecosystems including Bitcoin, Ethereum, RioChain & Binance Smart Chain.

For more information, visit:

Web: https://riodefi.com/wallet

Apple: https://apps.apple.com/hk/app/riodefi-wallet/id1560789648?l=en

Android: https://play.google.com/store/apps/details?id=com.riodefi.store&hl=en&gl=US

Below is everything you need to know on how to buy 8 of the world’s most popular cryptos via RioWallet Mobile App using Fiat

Which tokens can I buy on RioWallet?

  • BTC
  • ETH
  • USDT
  • USDC
  • DOT
  • KSM
  • AAVE
  • UNI

Countries You Can Buy Crypto In

As per regulatory standards set out in Simplex, you will not be able to buy crypto if you reside in the following high risk countries.


What’s the minimum amount I can buy?

The minimum transaction amount for each supported crypto is $50 USD

What transaction fees would I pay?

There are three fees for a buy order

a/ Simplex FeeMinimum of US$10 or 3.5% of total transaction

b/ Rio Fee — Transaction fee of Flat fee: 0.5% of total transaction

c/ Liquidity Provider Fee- Fluctuates between 6.5% to 9.3%


For a deposit of $100 — You will receive $82.93 in crypto

Total Fee is $17.07

  • Simplex fee is $10
  • Rio fee is $0.50
  • LP fee is $6.57

Where do my tokens appear on RioWallet Mobile?

Bitcoin Chain— BTC


Polkadot Chain — DOT

Kusama Chain — KSM

Please note all your purchases would appear on the RioWallet Web except KSM & DOT

About RioDeFi

RioDeFi accelerates the mass adoption of digital assets by bridging traditional and decentralized finance. Our vision is a world in which everyone has access to decentralized financial (DeFi) services.

We develop solutions that connect banking institutions with blockchain systems. Our applications enable lower transaction fees, faster confirmations, more efficiency, better returns for savings account holders, and global reach.

To learn more about RioDeFi, please visit:

Website: https://www.riodefi.com

Twitter: https://twitter.com/riodefiofficial

Telegram Announcement: https://t.me/riodefiofficial

About Simplex

As the industry leader in crypto payments, Simplex empowers hundreds of partners to enable millions of people to buy billions of dollars in digital assets.