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Electrocoin Launches Its New Cryptocurrency Exchange

Alice by Alice
2024-07-05
in News, Cryptocurrency
Cryptocurrency

Cryptocurrency

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Electrocoin, one of Croatia’s leading cryptocurrency exchange services, has recently unveiled its new platform, Electrocoin Trade, offering services to both individual and institutional clients across the European Union.

Core Services and Features

Electrocoin Trade introduces two primary services: cryptocurrency exchange and trading without prior registration, and a similar service for registered users. This approach aligns with recent regulatory developments in the crypto sector, enabling Electrocoin to implement a custodial model. Registered users can now entrust their digital assets to Electrocoin Trade for safekeeping, benefiting from a highly regulated platform. Additional advantages for registered users include lower trading fees and comprehensive cryptocurrency portfolio monitoring.

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Despite launching the new platform, Electrocoin retains its previous service model, allowing any adult EU citizen to buy, sell, or trade cryptocurrencies up to 1,000 euros without verification or registration. This dual service model ensures accessibility for users preferring anonymity or simplicity, facilitated by regulatory approval for KYC-less transactions under certain thresholds.

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Innovative Services and Technology Integration

Electrocoin Trade supports cross-chain transfers and coin-to-coin swaps using various protocols such as ERC-20, Polygon, and BEP-20. Additionally, the platform now allows users to pay bills with cryptocurrencies. Any invoice payable via bank transfer within the EU/SEPA zone can be settled using digital currencies, including utility bills, personal expenses, and even real estate transactions, provided the recipient has a bank account.

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A Legacy of Innovation and Customer Support

Founded in 2014, Electrocoin has established itself as an industry leader, introducing PayCek, a crypto payment processor, in 2018. The company boasts over 250,000 successful transactions and offers 24/7 customer support with an average response time of one minute. Electrocoin Trade aims to compete with top-tier European cryptocurrency exchanges, particularly highlighting its no-identification-required exchange feature.

Getting Started with Electrocoin Trade

For those looking to delve into cryptocurrency, Electrocoin Trade offers a user-friendly and secure platform. Visit Electrocoin Trade to begin your crypto journey today.

Related topics:

  • Bitcoin Price Today: Falls To $54k As Fears Grow About Mt Gox And The German Government.

  • Owning Crypto Linked To ‘Dark’ Traits, Scientists Claim

  • Ird Targets Users Of Cryptocurrencies Who Do Not Declare Them As Taxable Income

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Bitcoin Price Today: Falls to $54k as Fears Grow About Mt Gox and the German Government

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