Although the company is registered in London, it operates from the Czech Republic. The exchange allows Euro-based users to trade cryptocurrencies using instant and cheap bank transfers, a niche market that the team created. As such, the company does not support the use of cryptocurrencies, credit cards or Paypal to buy or sell cryptocurrencies. It exclusively serves customers who prefer using bank transfers. Consequently, it boasts of having some of the lowest fees as bank deposits attract low fees. The exchange was founded in 2014 in Prague, Czech Republic.
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