Chicago America-based cryptocurrency transfer market, Seed CX, has launched a trade for investor investors.
Spot trading is the purchase or sale of a currency, financial instrument or trade for immediate delivery. Spot contracts can be completed by sending physical instruments, contracts, or currencies.
Seed CX has announced spot trading for the Bitcoin (BTC) market to the US dollar pair, while the Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH) pairs will be added by the end of next month. In Q1 2019 (published at the end) Seed CX will add crypto coverage support to Fiat Euro and Japanese Yen.
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The company also announced it would offer a market for digital asset derivatives regulated by the American CFTC.
The company also claims zero costs for depositing and withdrawing fiat or digital assets. all deposits will be issued and deposited in the US Bank regulated by the Federal Deposit Insurance Corporation.
The CEO of Seed CX, Edward Woodford, claims that the company has received positive feedback in terms of its features.
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This month, Seed CX will launch a digital wallet with an on-chain agreement for investors. this project was developed with Zero Hash, which is a subsidiary. approved on-chain solutions must be approved by FinCEN to be approved as money transmitters in 25 countries.
Source: cointelegaph
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