Electrocoin Launches New Cryptocurrency Exchange Platform Electrocoin Trade

One of the biggest cryptocurrency exchange services in Croatia, Electrocoin, has recently launched their new cryptocurrency exchange platform

Electrocoin, a major cryptocurrency exchange service in Croatia, has recently unveiled Electrocoin Trade, a new cryptocurrency exchange platform that caters to both natural and legal clients within the EU.

The platform offers two primary services: cryptocurrency exchange and trading without prior registration on the platform, and cryptocurrency exchange and trading service for registered users. In line with recent regulatory developments in the area of crypto regulation, Electrocoin has introduced a new custodial model to their service, enabling them to act as a custodian for the assets clients choose to hold on their Electrocoin Trade accounts. By registering with Electrocoin Trade, users can entrust their cryptocurrencies for safekeeping to a highly regulated platform, while also gaining access to additional trading and user experience benefits such as lower trading fees and cryptocurrency portfolio monitoring.

Despite the introduction of the new service, Electrocoin has opted to retain the old service as well - any adult citizen in the EU can buy, sell, or trade cryptocurrencies up to 1000 euros without verification or prior registration on the platform. Through this initiative, Electrocoin aims to provide their existing and future users with an option to access crypto even if they prefer not to register with the new platform. This service is made possible by regulatory approval for KYC-less money exchange under certain thresholds.

The platform supports cross-chain transfers and coin-to-coin swaps through a variety of protocols, including ERC-20, Polygon, BEP-20, and many more. Additionally, with the release of the new platform, Electrocoin has also introduced one new service - paying bills with cryptocurrencies. Users of the platform can use their cryptocurrencies to settle any invoice that can be paid by bank transfer within the EU/SEPA zone. As such, utility bills such as electricity, water, or internet, or even personal expenses such as vehicles or even real estate, can be paid with cryptocurrencies - as long as the payment recipient has a bank account number.

Electrocoin was founded in 2014 and has since risen to the ranks of industry leadership, introducing PayCek, a crypto payment processor, in 2018. and now the new cryptocurrency exchange platform. The company is dedicated to close communication with the regulator and today, they count over 250,000 successful transactions, along with 24/7 available customer support with an average chat response time of one minute. Electrocoin Trade positions itself as a competitor to other top-tier European cryptocurrency exchanges, with the feature enabling the cryptocurrency exchange without prior identification specifically standing out. Get started with crypto and visit Electrocoin Trade now!

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