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Laxman Pai, Opalesque Asia: BeQuant Exchange, the cryptocurrency exchange for institutions and active traders, has announced the launch of its operations in Malta and opening of its new office on the island.
BeQuant Exchange's Malta division, located in the heart of Malta's business district at St. Julian's, will allow customers to trade a wide range of crypto assets on a safe, two-factor authentication platform, said a statement from the London-based company.
It said that clients will pay only 0.1 per cent with volume discounts on every market trade and benefit from a 0.01 per cent rebate on LP orders. With BeQuant Exchange's leading API, customers will be able to take full advantage of their trading bot, low latency data and execution feeds.
BeQuant's second office for the exchange outside of its headquarters in London is established in Malta with aim of becoming regulated and strengthening the stability of the cryptocurrency sector as the country establishing far clearer rules and regulation for the asset class, it said.
Erik Wilgenhof Plante, chief compliance officer at BeQuant said that with challenges around Brexit causing the UK regulator to delay any controls on cryptocurrencies, many businesses in the sector are looking for ways to establish themselves as a reliable source for trading and investment.
Erik pointed out that Malta has been pioneering the future of crypto, making it a crypto-friendly jurisdication with due regulatory over...................... To view our full article Click here
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