Hello,
Covesting has already secured DLT (Distributed Ledger Technology) license issued by the GFSC (Gibraltar Financial Services Commission) in order to operate with fully legal compliance in the cryptocurrency market. This kind of regulation allows Covesting to offer its clients the best trading desk service and the best customer experience to date.
Some examples are:
- Fiat deposits like USD, EUR, GBP and several trading pairs like BTC/USD, ETH/EUR, NEO/GBP
- Cold storage and multi-cluster system architecture, full data encryption and anti-DDoS protection and the highest standards to prevent the platform to be hacked overall
- Auditing, to run a transparent business
- 24/7 multi language support service
- Advanced trading tools
- Team capable to achieve every goal that has been set
The most important differences between Covesting and unregulated exchanges are:
- Fiat deposits to bypass coinbase's monopoly and its high fees
- No risk of funds stolen
- The exchange will operate under European laws and can't be shut down over night
- Top customer service to assist clients in every single problem they can face using the platform
- No more deposits or withdrawals issues
- An open gate for institutional money and family offices who can flow their money through Covesting
Cryptocurrencies Market is evolving and it's gradually being regulated day by day, Covesting is 2 steps ahead against its competitors. For more info take a look at the website and be sure to enjoy the Official Telegram Channel, a lovely community will be pleased to answer all your questions.