Cryptocurrency exchanges are becoming a favorite among traders, despite the recent drop in the value of cryptocurrencies. Now, HOLD.io has launched a new cryptocurrency exchange that promises zero fees for its traders and a free VISA debit card to boot. The latest move follows the successful beta launch with a sizeable number of early backers courting the exchange last month.
Fees, fees and more fees!
Cryptocurrency exchanges earn a majority of their revenue from fees charged on each trade conducted within their systems. Additional revenue is generated by charging fees for each withdrawal and deposit. Various exchanges charge different rates, and can range from the outrageous to mildly annoying.
HOLD.io is now pleased to announce that its new crypto exchange will have 0% trading fees for its users around the world starting with its release in Europe. In total, 36 countries will have HOLD.io exchange services available across the continent.
Apps and User Interface
The iOS and Android apps have been launched and users will be able to credit their account with fiat using a bank account in the SEPA region. Currently, cryptocurrencies supported include Bitcoin, Ethereum and Litecoin.
The app’s user interface is built with a focus on the unique trading requirements of both the experienced and novice traders. It is a balanced mix of ease-of-use and sophistication to appeal to traders of all backgrounds.
The HOLD Visa Debit Card
The new HOLD VISA debit card is being launched in partnership with Contis. With the debit card, users can transact and use crypto as cash with 46 million merchants around the world. While the card will soon be universally accessible throughout the European single market, Austria, Ireland and Spain are not yet available but expect them to be added to the network soon.
HOLD Visa Debit Card can be ordered to the following countries upon launch:
- Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Sweden, and the United Kingdom.
Statement from the CTO
According to Guilherme Almeida, CTO at HOLD, the development team are very excited about the public launch after months of hard work put into the “all-in-one exchange in their (user’s) pocket”:
“We are aiming high to provide our customers with the best app experience in the market allowing them to buy, sell and exchange crypto and spend cash using their HOLD Visa Debit card whenever and wherever they want.”
HOLD.io isn’t sparing any expense for security, using BitGo, the world’s leading crypto custodial service, to store deposits safely offline.
To help ensure transparency and strict adherence to accountability laws, HOLD is working to get a VFA 3 License from Malta Financial Services Authority in November 2019. The company already has the authority to offer services according to article 62 of the Virtual Financial Assets Act of Malta.
Visit the official website: www.hold.io
Disclosure: This is a sponsored article