A new bitcoin exchange has just been launched in Europe amid the continent’s struggle to recover from recent economic troubles.
SpaceBTC, as the exchange is called, has announced that it will operate out of the fintech capital, London, with teams that will work tirelessly from Moscow and Seville to build great Bitcoin offerings.
According to the SpaceBTC website, the parent company was founded on November 20th last year, and the Bitcoin trading platform will satisfy the trading needs of B2B and B2C customers. SpaceBTC currently enables Bitcoin and Litecoin trading. But soon the platform will also introduce other currencies and commodities.
In a statement to the media, SpaceBTC CEO Denis Donin said:
“We are proud to finally be able to present our service to the Bitcoin community. It was an active development process for over a year, but all efforts have paid off, as there was a lot of positive feedback from our customers and partners after the introduction. “
SpaceBTC has interacted with banks like Barclays and blockchain intelligence firms like Chainalysis – an alumni of Barclays Fintech Accelerator – to ensure the platform’s compliance with known know-your-customer and anti-money laundering regulations. In addition, the platform also includes some interesting features like a faster matching engine, SMS and Telegram based two-factor authentication systems, tight spreads, free leverage and short sales, etc. SpaceBTC offers its customers several payment methods to deposit funds into their accounts on the platform. The payment options offered by the platform include SEPA, OKPay, Visa, MasterCard, Moneypolo, Perfect Money, and wire transfer, so customers can deposit fiat using the method of their choice.
“We are happy to say that it will only be a matter of days before we start trading Ethereum. By and large, we want to make our service available to as many users as possible, so we are considering opening up new markets. Our vision is to become a trading multiplatform that offers instruments beyond cryptocurrencies “- Denis Donin, CEO of SpaceBTC
As per the platform’s development roadmap, SpaceBTC is offering Ethereum support, which is slated to roll out in the coming days. In the meantime, users can take advantage of the promotional offer 0% trading fee for the next 11 days.
Bitcoin is approaching the mainstream on the European continent. BitStamp recently became the first Bitcoin exchange to receive a financial services license from the Luxembourg Ministry of Finance, which enables it to operate as a recognized financial services company across the European Union. SpaceBTC can definitely benefit from this improved reception of digital currency platforms by governments and members of the Bitcoin community.
Picture: SpaceBTC
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