NEWS RELEASE
Electrocoin, a leading cryptocurrency exchange service in Croatia, has unveiled its latest platform for cryptocurrency trading known as Electrocoin Trade. The platform is designed to cater to both individual and corporate clients within the EU.
Electrocoin Trade offers two main services - cryptocurrency exchange and trading without the need for prior registration, and cryptocurrency exchange and trading for registered users. In response to evolving regulatory requirements in the crypto industry, Electrocoin has implemented a new custodial model, allowing the platform to serve as a custodian for clients' assets held in their Electrocoin Trade accounts. By signing up with Electrocoin Trade, users can securely store their cryptocurrencies on a highly regulated platform, while also gaining access to various trading benefits and enhanced user experience, including reduced trading fees and portfolio monitoring.
In addition to the new services, Electrocoin has retained its original offering, allowing any adult in the EU to buy, sell, or trade cryptocurrencies up to 1000 euros without verification or registration. This ensures that both existing and new users have the option to access crypto assets without the need to sign up with the new platform. This service is made possible by regulatory approval for KYC-less financial transactions below certain thresholds.
The platform supports cross-chain transfers and coin-to-coin swaps using various protocols such as ERC-20, Polygon, BEP-20, and more. With the launch of Electrocoin Trade, users can now also pay bills using cryptocurrencies. This feature enables users to settle invoices that can be paid via bank transfer within the EU/SEPA zone, covering utility bills, personal expenses, and even real estate transactions, provided the recipient has a bank account.
Established in 2014, Electrocoin has emerged as a key player in the industry, introducing PayCek, a crypto payment processor, in 2018, and now the new cryptocurrency exchange platform. The company is dedicated to maintaining open communication with regulators and has facilitated over 250,000 successful transactions to date. With round-the-clock customer support boasting an average chat response time of just one minute, Electrocoin Trade aims to compete with other leading European cryptocurrency exchanges, with its unique feature of allowing cryptocurrency exchange without prior identification setting it apart.
Embark on your crypto journey today and explore Electrocoin Trade!
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