Alta X Crypto: Officially Licensed and Ready for Trading

2 min read

Introduction

We are pleased and proud to announce that Alta X Crypto has officially obtained a license to provide cryptocurrency trading services. This milestone represents a significant moment in the development of our platform and ensures an additional level of trust and security for all our users.

What does it mean to have a license?

Licensing a crypto platform is not just a formality – it is a process that ensures the platform meets all relevant legal and regulatory requirements, providing users with the assurance that their transactions are protected and conducted in compliance with applicable laws. The license we have obtained confirms our commitment to the highest standards of operation and regulation, allowing you to trade with complete confidence.

Why is the license important for users?

Obtaining a license is a crucial element that directly impacts the safety and transparency of your transactions. With the Alta X Crypto platform, you can be confident that your funds are protected by top-tier security protocols, and your privacy is guaranteed through strict data protection procedures.

Licensing also means that we are required to follow stringent user identification procedures through the Know Your Customer (KYC) process, which further reduces the risk of fraud and ensures a safe environment for all users.

What can you expect from the Alta X Crypto platform?

Our licensed platform offers a wide range of services designed to meet the needs of both individuals and businesses:

  • Instant exchanges: Quick and easy conversion between different cryptocurrencies.
  • Spot trading: Allows you to trade your favorite cryptocurrencies with real-time market data.
  • OTC trading: A service that enables trading large volumes of cryptocurrencies outside the main exchange, with minimal impact on market price.

Our Commitment to Security

In addition to licensing, our commitment to security is reinforced by the technologies we use. Fireblocks custody solution ensures the protection of your assets, while Elliptic provides real-time transaction monitoring, minimizing the risk of threats. We have also implemented Notabene for compliance with Travel Rule regulations, which require the transfer of information about transaction senders and receivers between institutions. For user verification, we rely on Blinking, which offers advanced solutions for KYC (Know Your Customer) and KYB (Know Your Business), ensuring that the identity of each user and business is thoroughly verified.

Conclusion

Obtaining a license is just one of many steps we are taking to ensure a top-notch experience for our users. We believe that this new level of security will give you additional confidence in using our platform for cryptocurrency trading. Alta X Crypto is here to provide you with a secure, reliable, and efficient platform for all your cryptocurrency needs.

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