The Romanian cryptocurrency trading platform vTrader launched in January an unusual mobile application. This offers the ability to exchange fast and free cryptocurrencies between friends.
Similar to Revolut, mobile vTrader relies on transfers to the phone contact list. All transactions are free and instant, an advantage for those who use cryptocurrencies for payments. For example, if you paid a payment note in Bitcoin, participants can transfer their part quickly and easily.
In addition, the mobile version offers the option of viewing wallets and the euro deposit and withdrawal option. Cryptocurrencies can be transferred or requested from phone contacts with commission 0, including swaps (for example, ETH is requested against BTC).
The vTrader mobile application thus offers an easier way to transfer or exchange cryptocurrencies with friends or third parties. It is available for free download from the Google Play and App Store.
The mobile version is synchronized with the desktop version of vTrader. Launched this year, vTrader Exchange currently offers support for seven cryptocurrencies (BTC, ETH, Dash, XMR, LTC, XRP and ADA). Accounts can be charged in euros or directly with BTC and ETH cryptocurrencies.
The desktop platform charges 0.85% commission for sales and purchase orders and a 1.8% fee plus 0.99 EUR for the deposit and withdrawal of fiat.
The vTrader exchange was created by three Romanian developers, Vlad Sas, Alex Gherghe and Codrin Rareș. It uses robust security systems and ensures the liquidity of exchange pairs through a system that automatically completes orders close to the market price with orders placed on Bittrex.
Financial services are provided with the help of Globitex (NexPay UAB), given the difficulties of collaboration with banks in Romania. However, the euro accounts are filled quickly, through transfers to the IBAN code displayed on the site.
The users of the platform must go through a KYC process, in order to ensure the legality of the trading activity. Once the account has been created on the desktop platform, using the mobile version becomes easy and easy.
WE invite you to test the new application and leave a feedback in the comment box.
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