Exchanging Cryptocurrency For Fiat is now Legally Possible with Covesting
Covesting- one of the first cryptocurrency exchange platform to do the admirable, has made crypto-fiat exchange possible on her platform.
In a press release sent via mail to her supporters, of which I am one, Dmitrij Pruglo, the Founder and CEO of Covesting, made this statement and I quote
“There are hundreds or maybe even thousands of crypto-crypto exchanges out there, but few who offer legally compliant bridge between crypto and the traditional world of finance. We will continue to monitor the market and adapt to the new reality while offering the most demanded tools for users”.
In this press release, the supporters are informed that it is now possible to carry out EUR deposit via wire transfer, while also stating that some more additions for fiat deposits/withdrawals as well as buying and selling of cryptocurrencies will be made available in the coming weeks.
In describing this great feat, information on how to deposit EUR into owners account was also made available via redirecting link or by clicking on the image below.
In an address where is gave the company’s latest updates, the CEO said “The launch of a Fiat gateways is yet another step towards our ultimate goal of being the most complete, secure and transparent cryptocurrency platforming the industry. Allowing retail and institutional clients to legally exchange fiat into crypto automatically gives Covesting an edge and puts us among very few exchanges who offer such solution”.
Covesting is Incorporated in Gibraltar and operates under European laws, offering a compliant and reliable solution for investors and traders worldwide. For more information, go covesting.io
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