[ANN] ETERBASE: Europe's Premier Digital Asset Exchange

[ETERBASE]

[Lonsdaleite]

It's awesome to respect the law, but it's tough to be compliant in all countries... How will you deal with different laws in different jurisdictions? 

[konstant111]

What country of origin is the project, so much security you have, you are afraid of something creating your project, but on the other hand people will believe you better ?

[Red Feast]

It's awesome to respect the law, but it's tough to be compliant in all countries... How will you deal with different laws in different jurisdictions? 

I guess they'll create different type of accounts for each country that has regulation on crypto currency, we'll see how it goes though. There are not so many exchange that can cover users from around the globe. Only only can hope this is the one!

What country of origin is the project, so much security you have, you are afraid of something creating your project, but on the other hand people will believe you better ?

From the website: Liechtenstein. It's a good place for an exchange since their government is kinda supportive on this blockchain technology thing!

[Anthony C. Stack]

WOAH, I love the user interface! Gonna check out the whitepaper, I hope launch or at LEAST a beta is available soon, cant wait! 

[akaneoit]

This looks interesting.. looking forward for more info about this .

[lucy5632]

It seems to be an interesting project. I’ll have to check it out. It could be a good investment!

[zayachkivska]

because ETERBASE concerns the project with the concept of exchange, how about its security and speed?

[ActAshton]

because ETERBASE concerns the project with the concept of exchange, how about its security and speed?

Security is massive behind compliance.

Keeping user's funds secure is a top priority, as Eterbase decided to implement a decentralized method of storage for all sensitive information based on Shamir's Secret Sharing algorithm.

All information that needs to remain a secret is, if applicable, split into multiple parts and given to independent custodians under conditions where it is not possible to reconstruct the secret just from one part, but only from multiple or all parts. All unused private keys & funds are stored in an offline cold-storage vault, utilizing open and easy to audit hardware infrastructure.

[ActAshton]

It's awesome to respect the law, but it's tough to be compliant in all countries... How will you deal with different laws in different jurisdictions? 

KYC and Tax ID, my friend. Laws change but basically every country requires ones thing, your tax ID when applying for things like this. Fees may vary in different countries, but thats about it. Some may charge 15%, some may charge 30%, depends on their regulation. Some will also just charge crypto 2 fiat. Ultimately it comes down to KYC and your tax ID. #ComplianceIsKey

However, there is no objection to crypto to crypto exchanges anywhere. When it comes to exchange with fiat, regulations apply and Eterbase will start by being compliant with European regulatory requirements.

Outside of Europe, countries will be integrated gradually.

[cryptobroseph]

From 2012 to 2018, Mt. Gox has still been in the talks! We have an early adopter in the space giving the rundown on what REALLY happened and their personal experience with the trading platform. Click below to check out the video!

[eightfigurebinance]

Sick video! /I love where they filmed it!

[LoveCryptoAll]

In principle, a typical trading platform. Judging by the pictures - well-designed. I do not know what tools there are or how they work. But, it will be necessary to look.

[anthonytcm]

In principle, a typical trading platform. Judging by the pictures - well-designed. I do not know what tools there are or how they work. But, it will be necessary to look.

They do have their whitepaper up on their website!

Here's a link: https://www.eterbase.com/whitepaper

[ActAshton]

ETERBASE is building a robust, compliant trading platform not only for high profile investors/traders, but your average cryptocurrency trader as well! Security and compliance is number one and the ETERBASE team is stopping at nothing to fulfill their vision! Check out the video below from the StartupToken conference in Paris for the latest from Robert!

[Red Feast]

A sneak peek of the Eterbase platform:

https://www.eterbase.com/post/a-sneak-peek-at-eterbase

[NRista94]

Is it going to be available worldwide?

[Red Feast]

Is it going to be available worldwide?

They said yes. However, I think they will be focusing on EU compliance to support EUR to CRYPTO trading and provide CRYPTO to CRYPTO trading to others outside Europe.

[Red Feast]

ETERBASE - IBAN and Debit Cards

ETERBASE is taking steps to become a fully regulated financial institution, which in turn will allow us to issue International Bank Account Numbers (IBAN) and debit cards. This process is set to clear ETERBASE for making Euro payments across 31 European countries in the same way as traditional banks.

Great write up from https://www.eterbase.com/post/what-is-e-money

[Red Feast]

It is a common occurrence on crypto exchanges for market makers to get struck by unreasonable fees. Many popular exchanges seem to treat market makers equally to market takers, even though they are a necessary element of liquidity. Market makers regularly face up to 0.2% fees. When you consider the sheer importance of market makers to an exchange, this rate seems frustrating and obstructive.

Read More at: https://www.techbullion.com/market-makers-are-being-overcharged/