The inclusion of the Euro enables users to access deals from various sellers.
The firm's P2P marketplace is expanding its services to meet the needs of its users.
BitMart, a global cryptocurrency exchange, has announced the
addition of the Euro (EUR) to its peer-to-peer (P2P) trading marketplace. This
new feature aims to provide European users with enhanced opportunities for
cryptocurrency trading.
Diverse Exchange Rates for User-Seller Deals
The P2P trading platform at BitMart allows users to interact
with multiple sellers who offer various exchange rates and payment options.
This model, similar to online marketplaces, enables users to find favorable
deals according to their preferences, while sellers can reach a wider audience
of potential buyers.
Nickolas Hoog, VP of Marketing at BitMart, Source: LinkedIn
"With Euro being one of the world's most widely used
fiat currencies, its inclusion in our P2P marketplace simplifies fiat-to-crypto
transactions for our European users," said Nickolas Hoog, VP of Marketing
at BitMart.
"With EUR now available, we offer our European users a
seamless and efficient path to engage with crypto markets, reaffirming our
dedication to providing a diverse range of options for our expanding global
user base."
Compensation Plan after Hack
Earlier, BitMart
fell victim to a major hack, resulting in the theft of $196 million worth
of digital assets, as reported by Finance
Magnates. The platform's Founder and CEO, Sheldon Xia, had announced that
BitMart would compensate all affected users using its own funds.
Initially denying claims by the crypto-security firm
Peckshield about the breach, BitMart later confirmed the hack, attributing it
to a stolen private key compromising two hot wallets. The attacker utilized a
decentralized exchange aggregator, 1inch, to swap stolen tokens into Ether and
then sent them to a privacy mixer, Tornado Cash, to obscure their traceability.
Xia assured users of the efforts to enhance security
measures and operations, promising to restart deposit and withdrawals by
December 7, 2021. This incident underscores the persistent threat
cybercriminals pose to cryptocurrency exchanges, as demonstrated by recent
attacks on other platforms like Cream Finance, which lost $130 million in a
flash loan attack the previous month.
BitMart, a global cryptocurrency exchange, has announced the
addition of the Euro (EUR) to its peer-to-peer (P2P) trading marketplace. This
new feature aims to provide European users with enhanced opportunities for
cryptocurrency trading.
Diverse Exchange Rates for User-Seller Deals
The P2P trading platform at BitMart allows users to interact
with multiple sellers who offer various exchange rates and payment options.
This model, similar to online marketplaces, enables users to find favorable
deals according to their preferences, while sellers can reach a wider audience
of potential buyers.
Nickolas Hoog, VP of Marketing at BitMart, Source: LinkedIn
"With Euro being one of the world's most widely used
fiat currencies, its inclusion in our P2P marketplace simplifies fiat-to-crypto
transactions for our European users," said Nickolas Hoog, VP of Marketing
at BitMart.
"With EUR now available, we offer our European users a
seamless and efficient path to engage with crypto markets, reaffirming our
dedication to providing a diverse range of options for our expanding global
user base."
Compensation Plan after Hack
Earlier, BitMart
fell victim to a major hack, resulting in the theft of $196 million worth
of digital assets, as reported by Finance
Magnates. The platform's Founder and CEO, Sheldon Xia, had announced that
BitMart would compensate all affected users using its own funds.
Initially denying claims by the crypto-security firm
Peckshield about the breach, BitMart later confirmed the hack, attributing it
to a stolen private key compromising two hot wallets. The attacker utilized a
decentralized exchange aggregator, 1inch, to swap stolen tokens into Ether and
then sent them to a privacy mixer, Tornado Cash, to obscure their traceability.
Xia assured users of the efforts to enhance security
measures and operations, promising to restart deposit and withdrawals by
December 7, 2021. This incident underscores the persistent threat
cybercriminals pose to cryptocurrency exchanges, as demonstrated by recent
attacks on other platforms like Cream Finance, which lost $130 million in a
flash loan attack the previous month.
X Open Hub’s CEO, Michal Copiuk, on the developments of AI
X Open Hub’s CEO, Michal Copiuk, on the developments of AI
CySEC’s Chairman, Dr George Theocharides, speaking at the iFX EXPO International 2024
CySEC’s Chairman, Dr George Theocharides, speaking at the iFX EXPO International 2024
CySEC’s Chairman, Dr George Theocharides, speaking at the iFX EXPO International 2024
CySEC’s Chairman, Dr George Theocharides, speaking at the iFX EXPO International 2024
FX and CFDs in Africa: Key Industry Trends | FMAS:24
FX and CFDs in Africa: Key Industry Trends | FMAS:24
As Africa joins the global financial markets, its unique economy fuels forex and CFD trading innovation. Discover growth drivers: tech advancements, regulations, and increased financial education for African traders. See how these factors enhance trading accessibility, transparency, financial inclusion, and opening new investment opportunities. Learn about the digital transformation's impact on trading –the role of technology, social platforms, and automated systems in democratizing market access.
SPEAKER: Christoforos Panagiotou, Africa Regional Manager at Fxview @Fxview
#fmas #fmas24 #fmevents #financemagnates #fintech #technology #onlinetrading #forex #investing #investors
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
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👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
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Don't miss out on our latest videos, interviews, and event coverage.
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As Africa joins the global financial markets, its unique economy fuels forex and CFD trading innovation. Discover growth drivers: tech advancements, regulations, and increased financial education for African traders. See how these factors enhance trading accessibility, transparency, financial inclusion, and opening new investment opportunities. Learn about the digital transformation's impact on trading –the role of technology, social platforms, and automated systems in democratizing market access.
SPEAKER: Christoforos Panagiotou, Africa Regional Manager at Fxview @Fxview
#fmas #fmas24 #fmevents #financemagnates #fintech #technology #onlinetrading #forex #investing #investors
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
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Don't miss out on our latest videos, interviews, and event coverage.
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Asset Allocation & Trading in a Lower Interest Rate Environment | FMAS:24
Asset Allocation & Trading in a Lower Interest Rate Environment | FMAS:24
Traditional investment paradigms shift in a lower interest rate environment, compelling investors to reassess their asset allocation and trading strategies. This scenario prioritizes diversification beyond conventional bonds and equities. Investors should adapt by seeking assets with the potential for higher yields, considering global markets, and employing dynamic trading strategies that leverage short-term market fluctuations, all while managing risk more meticulously to safeguard returns.
SPEAKER: Roger Eskinazi, Managing Partner at Tickmill South Africa
#fmas #fmas24 #fmevents #financemagnates #fintech #technology #onlinetrading #forex #investing #investors
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage.
Subscribe to our YouTube channel for more!
Traditional investment paradigms shift in a lower interest rate environment, compelling investors to reassess their asset allocation and trading strategies. This scenario prioritizes diversification beyond conventional bonds and equities. Investors should adapt by seeking assets with the potential for higher yields, considering global markets, and employing dynamic trading strategies that leverage short-term market fluctuations, all while managing risk more meticulously to safeguard returns.
SPEAKER: Roger Eskinazi, Managing Partner at Tickmill South Africa
#fmas #fmas24 #fmevents #financemagnates #fintech #technology #onlinetrading #forex #investing #investors
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage.
Subscribe to our YouTube channel for more!