CoinMetro Secures Huge Trading Capability with Estonian Trading License

May 18th, 2018 at 11:36 pm UTC · 3 min read

The small northern European country of Estonia is currently a hotbed for all crypto related activities as the nation is one of the most crypto friendly countries in the world.

Many decentralized platforms, which offer trading services, are currently heading to the nation to acquire licenses that will help them in accepting and exchanging both fiat and cryptocurrencies. CoinMetro leads the way as it has now acquired a trading license in Estonia.

An Estonian License For CoinMetro

CoinMetro has already expanded its operations in Estonia and has recently received a trading license from the Estonian government. With this, the soon-to-be-launched one-stop exchange platform takes another step toward bringing crypto services to the masses.

The license allows CoinMetro to offer services such as exchanging fiat for crypto, crypto for fiat and crypto for crypto.

With this license, users will be able to wire money or use their credit cards to buy cryptocurrency on the platform. The reverse, allowing users to cash out their digital money for fiat, will also be possible. With crypto to crypto trading, users will be able to trade just like they would on a traditional forex platform.

Compliance at its Core

CoinMetro will be a platform for everyone, and has a firm belief that, though blockchain-based currencies are a disruptive technology in the banking sector, the easiest and most acceptable way of bringing cryptocurrencies to the public is to comply with laws and regulations.

This strategy is paying off, as the company has now been successful in gaining major regulatory licenses to operate its crypto trading services. This latest feather in its cap reflects the strategy and vision of the forthcoming decentralized platform.

Offerings of CoinMetro

CoinMetro will be a single marketplace for all kinds of cryptocurrency services. The platform will offer different services that suit the needs of people from all walks of life:

  • The everyday user: When launched, the platform will not only offer an eWallet, but a crypto debit card which users will be able to use to spend their crypto balances, just like a regular debit card.
  • The serious trader: From individuals to institutional investors, the platform will comprise ETCFs, Tokenized Asset Management (TAM) and an exchange to satisfy even the most experienced of traders.
  • The ICO visionary: By taking care of the whole ICO launch process, including KYC, distribution and listing on its own exchange, CoinMetro will release developers of the burden of coin offerings, allowing them to concentrate on their core objectives of providing blockchain based services.

With the virtual currency wallet service permission granted, CoinMetro can now successfully provide its users with an e-wallet within its platform. The wallets will be encrypted and the private keys are either held by the users or kept on their behalf, allowing users to store, trade or transfer their digital assets.


Alex Corkhill

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Disclaimer: CoinMetro is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high risk tolerance. Only participate in a token event with what you can afford to lose.