Home / Business / Cryptocurrency exchange Seed CX for Institutional has launched Bitcoin trading

Cryptocurrency exchange Seed CX for Institutional has launched Bitcoin trading

The Chicago-based Seed CX cryptocurrency exchange launched spot trading in a pair of BTC / USD for institutional investors. Platform representatives argue that they have the necessary licenses to secure digital asset trading and plans to add derivatives to the US Commodity Futures Exchange Commission (CFTC) based on those assets.

The press release states that Seed CX actively attracts trading companies and large investors who claimed that they take note of the benefits of loschadki in terms of law enforcement, quality of service and institutional trading mechanisms.

Note that the listing will be displayed shortly in a pair ETH / USD, LTC / USD and BCH / USD . In the middle of the first quarter of 2019, the exchange also involves adding support for the euro and the Japanese yen.

Seed CX offers customers the opportunity to trade in the FIX protocol, graphical user interface (GUI) and web API. At the same time, the exchange offers marginal tools, and the dollar deposits of users are stored in US banks and secured by the Federal Deposit Insurance Corporation (FDIC).

Add, Seed CX has its own digital asset storage infrastructure.

It is noteworthy that the exchange does not charge cryptocurrency and fiat agent deposit / withdrawal commissions, and also claims that taker-commission is the lowest in the industry.

Recall that former Seed CX attracted $ 15 million from Bain Capital Ventures in the frame x financing rounds for the B series.

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