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Matrixport Affiliate Expands Crypto Services in Europe While Binance Struggles

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BIT Expands In Europe BIT announced in its blog that it will offer a comprehensive range of crypto-related services to customers within the Europe an Union/ Europe an Economic Area. BIT Crypto Exchange was launched in August 2020 as an affiliate of Matrixport, a leading professional crypto financial services platform. Exchanges like Binance have been failing to gain registration in Europe lately. advertisement As an authorized VASP, BIT now has the regulatory clearance to provide cryptocurrency exchange and cryptocurrency depositary wallet services. Users can leverage the BIT platform to engage in seamless buying, selling, and trading of various cryptocurrencies while facilitating transactions between digital assets and fiat currencies or other cryptocurrencies. “Regulations play a pivotal role in shaping the cryptocurrency market, and it is imperative for exchanges to respond appropriately.” – Lan, Co-founder and COO of BIT. ...