XDAT, a global cryptocurrency trading exchange, announced today the listing of 18 trading pairs. The EU based exchange claims that its 18 trading pairs and its buy-in options are more than any other crypto-to-fiat exchange at the moment.
XDAT caters to both the retail and institutional investor by providing tools for all levels of traders. Their fiat gateway offers the most frictionless on-ramp out of any current top exchange, allowing users to deposit funds in 12 major currencies: USD, GBP, JPY, HKD, CHF, AUD, NOK, SEK, DKK, CZK, PLN, and HUF. This eliminates the need for involvement of a foreign bank and allows users to work solely with XDAT’s bank in order to obtain both fiat and cryptocurrencies.
The trading pairs that are to be listed on XDAT include, ETH/BTC, BCH/BTC, EOS/BTC, ETC/BTC, XRP/BTC, DASH/BTC, LTC/BTC, BTC/ETH, BCH/ETH, EOS/ETH, ETC/ETH, XRP/ETH, DASH/ETH, LTC/ETH, BTC/TUSD, ETH/TUSD, BTC/EURO, ETH/EURO. The platform will allow its users to trade against major cryptocurrencies with plans to add more pairs over time. It would be interesting to note when the Bitcoin SV (BSV) trading pair will be introduced on XDAT considering that this is currently to only true coin that follows the so called ‘Satoshi’s Vision’
Speaking exclusively to CoinGeek, Prashanth Swaminathan, CEO of XDAT said; “XDAT’s vision is Crypto for All and we are working on all of the factors that would drive mass adoption – trust, regulation, education, easier access. The launch of the Maltese exchange is its first step towards fostering financial inclusivity with cryptocurrencies. Soon, we will be introducing the largest incentive program in this bear market to re-invigorate traders and use it as a tool to foster mass adoption.”
According to a survey carried out by Cryptocompare, Maltese-registered exchanges produce the highest total daily volume at just under 1.4 billion USD and just under half of the top exchanges impose strict KYC requirements, while more than a quarter do not require KYC. XDAT offers the broadest fiat onramp system out of all exchanges while being fully compliant with Maltese regulations ensuring maximum security to investors with KYC and AML procedures.
As an introductory offer, XDAT has extended an Early Bird Discount for registrations in 2019 with zero fees for makers and deep discounts for takers. Additionally, with its referral program, users can earn 40% of the transaction fees of their referrals. In April 2019 XDAT will offer one of the lowest transaction fees across exchanges, starting from 0%.
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