Post
Topic
Board Legal
Re: Bitsmo is now a holder of both Cryptocurrency Trading and Business License
by
BOB_THE_ALMIGHTY
on 19/02/2019, 10:24:50 UTC
Basing in Estonia give some advantages to the crypto business there and users as it has introduced Bussiness Licence to the crypto companies operating there. More than 900 of them are issued until which is a huge boost in the crypto business and economy in the area

But still, there is a decent amount of risk involved in the crypto exchange business all around the world. As we all know the recent cryptopia hack had trigged the securities of most to the exchange out there and provokes instability in the exchange users. This can happen with nay working exchange in any place around the world. So trusting an exchange only with its trading and business licenses looks a bit harder to me. Still, have a license to operate business matters and increases trustworthiness and credibility of any crypto exchange.

So, Good Luck for your exchange and future journey in the adventurous crypto world Bitsom and take care.