Electrocoin Trade – New Cryptocurrency Exchange Platform Launched in Croatia

One of the biggest cryptocurrency exchange services in Croatia, Electrocoin, has recently launched its new cryptocurrency exchange platform called Electrocoin Trade.

Electrocoin, a leading cryptocurrency exchange service in Croatia, has announced the launch of Electrocoin Trade, a new cryptocurrency exchange platform catering to natural and legal clients within the European Union (EU).

The platform offers two primary services: a cryptocurrency exchange and trading service accessible without prior registration on the platform, and a 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 that clients choose to hold in their Electrocoin Trade accounts.

By registering with Electrocoin Trade, users can entrust their cryptocurrencies for safekeeping to a highly regulated platform. Moreover, they gain 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 continue offering their previous service. Any adult citizen in the EU can still buy, sell, or trade cryptocurrencies up to a value of 1000 euros without undergoing verification or prior registration on the platform.

This service aims to provide Electrocoin's existing and future users with an option to access crypto even if they prefer not to register with the new platform. The service is made possible by regulatory approval for KYC-less money exchange under certain thresholds.

The platform boasts support for cross-chain transfers and coin-to-coin swaps through a range of protocols, including ERC-20, Polygon, BEP-20, and many more.

Additionally, with the launch of the new platform, Electrocoin has also introduced a new service - paying bills with cryptocurrencies. Users of the platform can utilize their cryptocurrencies to settle any invoice that can be paid by bank transfer within the EU/SEPA zone.

Hence, utility bills such as electricity, water, or internet, or even personal expenses such as vehicles or real estate, can be paid with cryptocurrencies - as long as the payment recipient has a bank account number.

Electrocoin was established in 2014 and has since become an industry leader, introducing PayCek, a crypto payment processor, in 2018, and now the new cryptocurrency exchange platform.

The company is dedicated to maintaining open communication with the regulator and currently boasts over 250,000 successful transactions, along with 24/7 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 cryptocurrency exchange without prior identification being a standout aspect.

Get started with crypto and visit Electrocoin Trade now!

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