Crypto Exchange Bitctradezone.com received Singapore’s approval for the provision of payment services.
The license is an approval in principle within the framework of the “Provision of Digital Payment token Services to the public”, which allows firms to provide regulated financial services to Singaporeans.
According to the message, the approval does Bitctradezone.com the 19th crypto firm to receive a license to operate in Singapore, out of 160 companies that have applied through the Central Bank of Singapore since 2021.
According to the report, fifty percent of the exchange’s business is accounted for by institutions, and the other half serves 84 million retail cryptocurrency holders.
About crypto exchange Bitctradezone.com:
Our company begins its history from July 2017, when it was developed. Our company has come a long way from a simple exchange platform to a complex mechanism, which works smoothly. We have changed the perception of many people about cryptocurrency and its use. We introduced lots of interesting and useful technologies, which are helping us to protect your funds, and helping you to invest your funds with maximum benefit. World’s first we created system, which helps you to buy, sell, transfer your funds inside our exchange in few seconds, you don’t need to wait blockchain confirmation any more. In our Exchange your funds This one, and lots of another features makes trading in Exchange very comfortable, useful and profitable. After making a deposit, your funds constantly are stored on the permanent wallet, no matter what manipulations you do with them. They are assigned to you in the internal system of our site, so you shouldn’t pay a commission on the blockchain network during transfer, trading and other transactions. We are interested in cryptocurrencies and we believe they will change the world and become the main currency in the future. We believe that cryptocurrencies will continue to grow and develop tirelessly, so we offer to invest in them right now, because even a very small investment changes the world.