AnnouncementThe London based company have announced major developments to their decentralized exchange. BTC and ETH can now be bought or sold on the platform.
Plutus is now integrated with SEPA, a payment-integration initiative that enables efficient cross-border payments in Euros. This means Plutus users can now easily and instantaneously deposit, trade and withdraw their Euros or cryptocurrencies.
Danial Daychopan, Plutus CEO, says “This is exciting progress for both the PlutusDEX platform and Plutus Tap & Pay. Our goal has always been to provide our members with a convenient way to convert cryptos and spend anywhere. Now they can.”
PlutusPlutusDEX works on a purely peer-to-peer basis, meaning unlike other exchanges there is no centralized storage of everyone’s wealth that can be hacked. Instead, PlutusDEX matches users looking to securely purchase one another’s assets, and the funds are transferred directly between personal wallets.
PlutusDEX facilitates fair market rates based on the current exchange rates across all exchanges. While in its initial beta launch, all fees will be covered by Plutus meaning you can exchange your crypto and euros at zero costs.
Additionally, the platform can also be used as a payment service, users can top up their balance with crypto and spend their funds at any POS terminal in the world. Plutus are making it incredibly convenient to get the most out of your assets and live the ‘Bitcoin lifestyle’.
The platform can be accessed via the ‘Plutus Tap & Pay’ app, available on android and iOS; the app is already live:
https://play.google.com/store/apps/details?id=it.plutus.androidCryptocurrencies are rapidly evolving, and this development continues Plutus’ position as one of the leaders in a global push for fintech innovation.
