Bitgamo: Good News for Crypto Traders

25.09.2023

Bitgamo continues to create waves in the global crypto community with its unique value propositions. More and more crypto traders are now showing keen interest in this platform for crypto to fiat transactions because of its attractive exchange rates. Compared to all other well-known exchanges, Bitgamo has been consistently offering 10% higher rates for Bitcoin, Litecoin, and Ethereum in the recent times.

The market leading exchange rates offered by Bitgamo can be attributed to its strategy of using a network of third-parties for redistributing cryptocurrencies to different regions all over the world where owning or dealing in crypto is not easy because of regulatory restrictions. In addition to offering highest exchange rates, this may also play a role in bringing crypto mainstream in these countries.

The rising popularity of Bitgamo is also because of its no KYC policy for crypto to fiat transactions. The company is not legally bound to seek any documents from customers selling crypto on the platform because it is based in Luxemburg, a country where the legal status of cryptocurrencies is similar to any other asset class or commodity. This also allows the platform to sell crypto as commodities to all countries worldwide, regardless of the country’s regulations or restrictions.