OKCoin has expanded its services in Europe. The company, which also manages the OKEX exchange, made spot tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details available in euros and opened a new office, – reports blog OKCoin.
OKCoin European operations
"Time for Europe! Not only do we have a new office at BlockchainIsland, we now allow a client outside the United States to make deposits and withdraw euros for free!" – OKCoin Twitter.
OKCoin's European operations will be carried out from a new office in Malta. The small island nation is one of the most crypto-friendly jurisdictions in Europe, the Binance Exchange has already established a base there.
Interesting in the section: Binance Coin, as additional tool
The Virtual Financial Assets Act (VFAA), regulated by the Malta Financial Services Authority, provides the blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details and crypto-companies with a clear legal basis.
Crypto-traders in Europe will now be able to deposit and withdraw euros (EUR) directly to their new OKCoin accounts. Deposit and withdrawal of funds in euros will be free until September 4th, according to an official announcement.
Spot trading will be available for several EUR-crypto pairs, including those with BTC, BCH, and ETH. More pairs should be added later.
OKCoin announced the addition of spot trading in euros. According to Jovan Gavrilovich, general manager of OKCoin: "Europe is important for the development of cryptocurrency markets. It is home to many progressive ideas and innovations in the financial system, while maintaining a balanced regulatory approach. We are very pleased to provide safe and secure trading of digital assets in the European market, allowing users to easily and safely trade digital assets for the euro."
Editor: Pereyidenko Ihor