After move into Japan, Atlas ATS expands to Europe

Bitcoin exchange platform provider Atlas ATS is expanding to Europe, partnering with Spain-based Recol Pro, a Bitcoin ATM and exchange provider.

The partnership forms its latest offering, Atlas ATS Europe. The new venture seeks to provide a local Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term, a multi-signature wallet and a Bitcoin ATM network, all intertwined. Ignacio Ozcariz, Recol CEO, comments:

“Recol is positioning itself to be a global operator in the Bitcoin ecosystem and Atlas ATS Europe is a key part of that strategy. In order for Bitcoin and other digital currencies to gain wide acceptance, customers need trusted financial firms to offer them three key components--a trading platform to buy and sell digital currency, a secure wallet to store digital currency, and an ATM network through which customers can access their accounts and convert their digital currency into local currency when they need to. Atlas ATS Europe is going to be part of the most complete, most convenient digital currency service around.”

The move comes as Atlas seeks to gain a foothold in multiple markets worldwide, often through partnering with local Bitcoin ventures. Two weeks ago, Atlas partnered with Chinese Bitcoin ATM company BitOcean in a bid to launch a yen-based Bitcoin exchange in Japan.

Atlas ATS also has a presence in Canada and Hong Kong.

Despite its multi-region presence, all order books are be linked to each other, allowing for a greater Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term pool. This differs from the expansion approach taken by Chinese exchanges such as BTC China, whose order books will remain distinct. With Atlas ATS, clients will be able to use their choice of fiat denomination even if it isn't their local one.