Blockbid has become the third recipients of an Australian Transaction Reports and Analysis Centre license, meaning the company has been granted permission to legally operate as a cryptocurrency exchange, according to Australian law.
Blockbid Official PRESS RELEASE: AUSTRAC Approve Crypto License for Australia’s First Insured Exchange & Updates on Beta Launch on April 16th
— Blockbid (@blockbid_io) April 9, 2018
Read the full release and more information about our beta launch at https://t.co/0jAS9PCRXJ #cryptocurrency #bitcoin #crypto #ICO
The platform’s main competitive feature which makes it different from many other trading platforms is providing insurance to users against any potential cyber-attacks.
It also plans to add trading with at least seven different fiat currencies in the next 6-12 months, whereas four will be available already during an upcoming beta launch which is set to go live April 16th.
Additional tokens will be introduced for phase two of the beta launch: Ethereum (ETH/USD), Dash (DASH/USD), NEM, Digibyte, Nano, Bytecoin, Nexus, and others.
By Ksenia Batanova