We’ve got some exciting news today! Kriptomat has just implemented the crypto-to-crypto exchange feature. 🚀
Up until now, our platform was strictly a “fiat exchange,” meaning that you were able to exchange between the euro and 31 supported cryptocurrencies. In other words, the euro was a “base currency” with 31 available trading pairs. For example, the exchange between euro to Bitcoin (EUR/BTC) and vice-versa (BTC/EUR) counts as one trading pair.
We are very proud to announce that we have now added 3 new base currencies. They are Bitcoin (BTC), Ethereum (ETH), and the Tether (USDT) stablecoin. This adds a whopping 74 new trading pairs to our exchange!
As a result, users can now make direct exchanges between Bitcoin, Ethereum, Tether, and all other available cryptocurrencies. Please see our Help Section for a full list of crypto trading pairs.
This is a significant addition to our platform as it allows previously unprecedented levels of trading freedom. You no longer have to make multiple exchanges via the euro base-pair if you wish to make a direct exchange between two cryptocurrencies. The exchange happens almost instantly and at a lower cost in comparison to making two separate transactions via the euro pair.
Kriptomat now combines all the best features from the two worlds of exchanges and trading platforms. The platform is a user-friendly and safe fiat gateway, and with this new addition, it is entering into the world of more advanced trading features. All the while we are still staying true to our roots of offering the most easy-to-use service in line with our vision of a world where Everybody Deserves Crypto.
Please note that you cannot make direct exchanges between all cryptocurrencies. Every exchange needs to include at least one of the three base cryptocurrencies (BTC, ETH, or USDT). For example, you cannot trade directly between XRP and LTC because none of these two are base currencies.
We hope you like this new addition to our platform. We can’t wait to show you more of what we are working on … Happy trading! 😊
The Kriptomat exchange platform allows non-tech-savvy users and crypto beginners to enter the world of cryptocurrencies easier than ever before, giving them a user-friendly interface and secure, regulated environment to ease into the new economy.
The crypto-to-crypto exchange feature is currently available on the web version of our application. The crypto-to-crypto exchange feature for our mobile application is coming soon.