The LDV Bank Exchange has launched Crypto Spots, locations where the public can instantly buy and sell Bitcoin and Ethereum through the traditional exchange offices. The service wants to support the use of cryptocurrencies through the facility of fiat-to-crypto exchanges.
Similar to localbitcoins sites or dedicated groups on Telegram, Crypto-Spots will allow you to convert lei to BTC and ETH and vice versa. The locations will operate non-stop and accept cash.
Maximum limit of 10,000 euros
LDV Bank has announced that the maximum conversion limit will be the lei equivalent of 10,000 euros, and the operations will be performed by a human operator. The company claims that the transactions will provide more security than in-person exchanges and are done instantaneously, as opposed to bank transactions that can take up to 24 hours.
“Our goal is that the user / client does not spend more time in the exchange house than at the ATM”
said Marius Morra, CEO of LDV Bank.
The first Crypto Spot was launched in Bucharest, Strada Șerbota, Nr. 1, zone 13 September, inside the LUCAS Exchange. In the following period, such locations will be opened in several localities in the country.
The LDV Bank team offers a complete Business-as-a-Service solution whereby exchange offices can enter the cryptocurrency sale / purchase market.
The Crypto Spots solution
Includes an already mature online platform, well-established manuals and procedures and professional technical and legal support.
“By making our platform available, tailored to their needs and working style as an interface and procedures, we help them to get into this business almost instantly, to save time and money from developing their own platforms”
says LDV Bank CTO Sabin Simionescu.
“It was a real challenge to develop the platform in this direction, an unexploited direction so far.”
In recent years, cryptocurrencies have become increasingly popular. Which leads to increased demand for efficient solutions for their purchase and sale. So far, LDV Bank is the only Romanian exchange that has sought to cooperate with foreign exchange houses.
The crypto exchange is a project of Globe Monnaie SRL and has been on the market since March 2018.
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