Crypto.com Enables Euro Transactions for Retail Traders with GEN 3.0 Upgrade
Euro Trading for Retail Traders
Crypto.com has expanded its services, allowing retail traders to conduct euro deposits and withdrawals on its web platform. This advancement facilitates seamless trading of popular cryptocurrency pairs like Bitcoin, Ethereum, and USDT, directly enhancing the user experience. Initially available on the web platform, this feature will soon be integrated into the exchange app, promising further updates.
Benefits for Retail Users
With this development, retail traders can perform euro transactions without incurring fees. This enables traders to start with minimal amounts, such as €1, while enjoying cost-effective trading on the Crypto.com platform. The offering includes deep liquidity and exclusive rewards, such as VIP access to Formula-1 events, elevating the trading experience.
Seamless Onboarding and Trading Tools
The platform's user-friendly onboarding process benefits both retail and institutional traders, allowing quick and straightforward access to euro trading. Institutional clients have been leveraging these features since May 2023, enjoying low transfer fees and advanced trading tools, highlighting Crypto.com's commitment to providing robust trading solutions.
Introducing the GEN 3.0 Upgrade
Crypto.com has unveiled the GEN 3.0 upgrade, designed to enhance the trading environment. This upgrade introduces a new exchange and wallet infrastructure, integrating spot and derivative features into a unified exchange engine. The GEN 3.0 update aims to foster innovation with improved navigation design and a unified wallet system, promoting faster and more efficient trades.
Advanced Trading Capabilities
The GEN 3.0 upgrade also offers cross-collateral margin support across spot, margin, and derivatives markets. This feature provides traders with better leverage and risk management, aligning with the needs of both retail and institutional clients as they navigate the volatile crypto market.
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