Dukascopy Bank Revolutionizes P2P Crypto-Fiat Exchange with Secure Fiat Settlements

Geneva, Latvia, December 4th, 2023, Chainwire

Swiss Dukascopy Bank, a pacesetter in on-line banking and monetary providers, is happy to launch its service for peer-to-peer (P2P) change of cryptocurrencies. This progressive platform affords purchasers a safe and handy method to commerce cryptocurrencies towards fiat forex.

The Dukascopy P2P cryptocurrency change service operates as a bulletin board, permitting purchasers to publish their purchase or promote advertisements for numerous cash paired with fiat forex (USD). Presently, the platform helps 14 main cryptocurrencies, with plans to incorporate a broader vary of altcoins and non-fungible tokens (NFTs).

Accessing the P2P crypto change service is straightforward for Dukascopy purchasers, who can discover it throughout the Dukascopy Join app underneath the devoted P2P part. Purchasers should have an energetic Multi-Foreign money Account (MCA) with Dukascopy to make the most of this service Multi-Currency Account (MCA). On this method, each prospects have already been correctly acknowledged by the Bank and have undergone the required regulatory checks when opening their accounts. This helps present further readability and belief for each side concerned.

The purchase or promote advertisements are of standardized format and thus comply with the Bank’s necessities. The truth that the advertisements are printed within the atmosphere of the Bank ensures that purchasers reacting to an advert, thus expressing their intent to enter into the change transaction, possess enough fiat funds of their account. This minimizes the chance of going through faux requests from counterparties unable to honor their obligations within the change transaction.

Additional, Dukascopy Bank performs an important function in guaranteeing the safety of fiat settlements throughout P2P exchanges. When a consumer initiates a P2P change, the Bank briefly locks the fiat funds of the customer till the vendor efficiently delivers the traded cryptocurrency to the customer’s crypto pockets. This safe course of ensures a easy and dependable transaction expertise.

One of many distinguishing options of Dukascopy’s P2P solution is its give attention to securing the fiat leg of the change. Whereas different platforms primarily present escrow providers for the cryptocurrency leg of the transaction, Dukascopy Bank addresses the chance related with fiat settlements, which are sometimes more durable to confirm and management. Customers should strictly adhere to the principles of the P2P market and preserve fiat funds inside its safe perimeter. The Bank conducts its investigation in disputes to facilitate a good and safe decision.

Dukascopy Bank intends to supply API-based connectivity to the P2P market, catering to extra superior and automatic buying and selling preferences as a part of its future improvement plans.

Dukascopy Bank encourages purchasers to discover the brand new P2P Market and supply suggestions by way of the Buyer Help chat. The Bank values consumer enter and is dedicated to constantly enhancing its providers.

Dukascopy Bank’s prospects can use the P2P service by way of the Dukascopy Join app after creating an account with Dukascopy. You’ll be able to join an account instantly throughout the app. You will discover the hyperlinks to obtain the app on the P2P answer’s particular webpage.

Dukascopy Bank believes purchasers utilizing this progressive service will take pleasure in a safer atmosphere for conducting P2P crypto-fiat change operations.

About Dukascopy Bank

Dukascopy Bank SA Based in 2004, Dukascopy Bank SA is a good Swiss monetary establishment regulated by the Swiss Monetary Market Supervisory Authority (FINMA) as a financial institution and securities agency. Dedicated to innovation and buyer satisfaction, Dukascopy has been a pioneer in monetary providers for over twenty years.

Press Contact

Ariza Abdujeva, Dukascopy Bank S.A., [email protected]honor

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