ELECTROCOIN LAUNCHES NEW CRYPTOCURRENCY EXCHANGE PLATFORM, ELECTROCOIN TRADE
Croatia’s leading cryptocurrency exchange service, Electrocoin, has recently unveiled their latest offering – Electrocoin Trade, a cutting-edge cryptocurrency exchange platform catering to both individual and corporate clients within the EU.
The platform features two primary services – a cryptocurrency exchange and trading service that does not require prior registration, as well as a dedicated exchange and trading service for registered users. In response to evolving regulatory requirements in the cryptocurrency space, Electrocoin has implemented a new custodial model, allowing them to serve as custodians for the assets held by clients on their Electrocoin Trade accounts. By signing up with Electrocoin Trade, users can securely store their cryptocurrencies on a highly regulated platform while also enjoying benefits such as reduced trading fees and comprehensive cryptocurrency portfolio monitoring.
In addition to the new services, Electrocoin has opted to retain their existing service, which allows any adult EU citizen to buy, sell, or trade cryptocurrencies up to 1000 euros without the need for verification or registration. This move ensures that both current and prospective users have the flexibility to access cryptocurrency, even if they prefer not to register with the new platform. This service is made possible by regulatory approval for KYC-less money exchange below certain thresholds.
Electrocoin’s platform supports cross-chain transfers and coin-to-coin swaps across various protocols, including ERC-20, Polygon, BEP-20, and more. With the launch of Electrocoin Trade, the company has also introduced a new feature – the ability to pay bills using cryptocurrencies. Users can now settle invoices that are payable by bank transfer within the EU/SEPA zone using their cryptocurrencies, covering utility bills, personal expenses, and even larger purchases like vehicles or real estate, provided the recipient has a bank account.
Established in 2014, Electrocoin has emerged as a frontrunner in the industry, having introduced PayCek, a crypto payment processor, in 2018, followed by the debut of their new cryptocurrency exchange platform. The company prioritizes open communication with regulators and has facilitated over 250,000 successful transactions to date, offering round-the-clock customer support with an average chat response time of one minute. Electrocoin Trade positions itself as a formidable contender among Europe’s top cryptocurrency exchanges, with its standout feature being the option for cryptocurrency exchange without prior identification.
Embark on your cryptocurrency journey by visiting Electrocoin Trade today!
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