CRXzone to offer both Litecoin and Bitcoin trading in Singapore

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CRXzone to offer both litecoin and Bitcoin trading in Singapore

Singapore is emerging as a popular destination for Bitcoin traders; the latest addition in the form of the first platform to offer both litecoin and Bitcoin trading in the country, CRXzone is one proof of that. The owners of the exchange aim to attract an international customer base by offering additional Bitcoin services beyond trading.

Talking to media professionals, CEO of the Bitcoin exchange Pawan Kumar said that his company has unique funding and payment options and offers the advantages of Singapore as a base for Bitcoin businesses and the future viability of alternate digital currencies in general, particularly litecoin.

Promising to provide a world class transparent, deeply liquid and safe environment for users to trade crypto-currencies, CRXzone is catering to the specific requirements from the users by accepting crypto-payments by online businesses in an efficient and easy to use manner. Its strategy is to attract a wide customer base by inviting them have a range of account funding and withdrawal options

The official website of the company says that CRXzone guarantees customers’ Bitcoin and virtual currency investments three things e.g. Security, Scalability, and Liquidity. Thus, according to its sophisticated platform architecture, conceived and built for maximum scalability and data security, lies at the heart of the CRXzone exchange.

Nonetheless, apart from the usual bank transfers, the exchange offers international payment processor options like OKPAY, Egopay, and PerfectMoney. All its services are backed by 24/7, best-in-class monitoring. The CEO of the firm confesses that he personally feels that Bitcoin will slowly takeover all other digital currencies and remain a useful tool for digital payments.

Litecoin Trading Available for Traders

Interestingly, as Litecoin is emerging as second fiddle to Bitcoin, the Bitcoin exchange also catering the requirements from some traders who wish to explore it. Mr. Kumar believes that Litecoin will survive the current downward trend and it is well known and widely used crypto after the Bitcoin.

According to the CEO of the company leverage trading seems to be a reason for the current price slump. Out of various payment options available at CRXzone each of them have various fees involved when moving funds in and out of the exchange; for instance, OKPAY has 1%, while others may charge up to 3%.

The effort on the part of the Bitcoin exchange is that though international bank transfers are likely to be the least economical option for users, it won’t charge any of its own fees in addition to these, regardless of the country or currency.

To contact the reporter of this story: Deepak Tiwari at deepak@forexminute.com