PR: Cryptagio Obtains Licences - Is Half Way to Becoming a Crypto Fiat Exchange – Press release Bitcoin News


PR: Cryptagio Obtains Licences - Is Half Way to Becoming a Crypto Fiat Exchange

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Tallinn, Estonia, — On its way to supporting fiat currencies, Cryptagio digital asset exchange is halfway through. The company has recently obtained licences for providing its users with a crypto-fiat exchange as well as wallet services.

The first licence (authorization number FVR000169) allows Cryptagio exchanging fiat to crypto and crypto to fiat. The second one (authorization number FRK000141) gives the platform a right to provide a virtual currency wallet (both hot and cold) service for the purpose of keeping, storing and transferring virtual currencies. The licences were issued by the Estonian Financial Intelligence Unit (FIU), which is an independent structural unit of the Estonian Police and Border Guard Board.

According to the company’s CEO, it was an essential milestone for them to complete. “Incorporating the support for fiat currencies was a part of our plan from the very beginning. We strive to maintain consistent development and stability of Cryptagio so that our users never have and never want to leave the platform. Therefore, it was of a great importance for us to obtain these licences in order to prove our users we are in the business for good. And after going through a thorough verification process, we have successfully achieved what we needed to take Cryptagio to the next level”, says Sergiy Vasylchuk.

About Cryptagio

Founded at the end of 2017, Cryptagio trading platform was built in response to the growing demand for an easily accessible, fast and secure way of buying, selling and trading popular cryptocurrencies. Currently, the platform supports eight major digital assets, including Bitcoin (BTC), Ethereum (ETH), VeChain (VEN), OmiseGo (OMG), Tether (USDT), Holo (HOT) and 0xBitcoin (0xBTC). Today, the ones who have no crypto in their possession can still trade on Cryptagio due to the platform’s support of USDT. Yet with the crypto-fiat exchange services coming up, it is going to get much easier.

The exchange’s trading fees based on the maker-taker model are near-zero and depend on the monthly trading volume. Cryptagio offers several order types, including limit, market, stop, and stop-limit orders. The deposit fees are 0% for all the coins, while withdrawal fees depend on the coins’ mining fee, but the exchange does it best to keep them as low as possible.

Cryptagio is all about ease. Available worldwide, the platform offers a simple yet intuitive interface with a wide range of readily acсessible tools and features to make trading actually easy for anyone, regardless of the level of experience, or country of origin.

Multi-factor security system, highly efficient 24/7 support infrastructure and lightning fast matching mechanism are among other fundamental features that Cryptagio provides its users with to make trading on their platform indeed safe, quick and painless. The platform is also going to introduce additional useful features, such as mobile app, support of fiat money, FIX API, margin trading, etc.

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Tags in this story
Bitcoin (BTC), digital asset exchange, Ethereum (ETH), fiat money, Limit, Margin Trading, market, OmiseGo (OMG), orders, Stop, Tether (USDT), VeChain (VEN), wallet services

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