Cryptocurrency Exchange Yacuna Removes All Trading Fees
| Updated
by Egor Pavlovich · 2 min read
Andrei oversees and represents the Yacuna Group on a global scale. He’s a renown expert for online payment processing, e-money wallets and payment card solutions. Photo: Yacuna Group
To allow its customers to profit from high volatility and uncertainty in the crypto markets, Yacuna removes all fees and changes limits for cryptocurrencies on its trading platform Yacuna.com.
Since its inception Yacuna was on the forefront of supporting Bitcoin and other blockchain technologies. It introduced multi-signature wallets for its cryptocoins and partnered with an FCA-regulated payment processor to keep customers money safe. After a year long price slump Bitcoin and its cousins currently see a time of extreme volatility – and Yacuna is helping its customers to profit.
With immediate effect, Yacuna removes all trading and withdrawal fees. With 10 trading pairs users have a wide variety of options to choose from. Without fees arbitrage trading has never been more profitable and with help of Yacuna’s partner Cryptowatch there are plenty of indicators for the technical trader available.
Another highly appreciated change is the restructuring of deposit and withdrawal limits for cryptocurrencies. Not fully verified customers will be able to deposit and trade cryptocurrencies immediately without waiting times.
“Increased volatility means increased opportunities. Frequent trading of its customers is where exchanges generate its fees. But the truth is, that the extreme price swings are hindering mainstream adoption of Bitcoin since no one knows what a coin can buy tomorrow. We want to support Blockchain technologies until they dominate the market and do not wish to leech on our customers in the current environment. Thats why we have removed all fees from our platform. We are in this for the long term and not for short term profiting,” says Andrei Martchouk, CEO of Yacuna.
“Removing all fees underlines Yacuna’s commitment to the long term advancement of Blockchain technologies,” says the company’s press release. ” The change in the limit structure also allows new customers to immediately profit from this opportunity without cumbersome verification processes. With this move Yacuna places itself as the #1 community exchange. Let’s build a Bitcoin future – together.”
Egor Pavlovich is CTO of Coinspeaker and a major bitcoin enthusiast. Egor is a specialist in radiophysics and is a keen follower of new and disruptive technologies – from the first moment he discovered bitcoin he knew immediately it was something special. After beginning a bitcoin mining operation he combined forces with Siarhei in 2014 to build professional provider of news for the cryptocurrency/blockchain community. His roles at the site include monitoring analytics, handling the site’s public relations campaigns, overseeing the editorial content in an executive capacity as well as dealing with advertisers and sponsors. You can contact Egor via [email protected]
The evolution of the blockchain ecosystem over the past years has been intriguing and so has the growing integration into the new industry by other technology, especially AI. Should it be observed more keenly, both blockchain and AI are closely related with each enhancing the other’s overall functionalities.
