Tradesprite exchange launches Fiat deposits!

 
SINGAPORE - Jan. 28, 2019 - PRLog -- Tradesprite exchange launches Fiat deposits!

Singapore, Jan 28, 2019: Tradesprite exchange, based in Singapore, just announced that it will start accepting Fiat deposits for purchase of its exchange token CGC, that in turn can be used on the exchange for trading in the various cryptocurrencies. This marks a new round of capability for the exchange, as it expands from being a crypto-to-crypto exchange.

Tradesprite, since its launch in November 2018, has delivered stellar performance by acquiring 10k verified traders with their KYC and has generated a cumulative trading volume of $11mn since its launch. This achievement makes it note-worthy, especially in the context of the current bear market in cryptos. The exchange is embedded with a comprehensive suite of features for crypto traders, including one of the lowest trading fees in the market at 0.05%. In addition, it has a "Trade More, Earn More" program that gives its traders CGC tokens (Exchange token) based on the number of trades completely.

According to Tradesprite's CEO Devi Prasad, "This new feature affirms our objective to keep growing Tradesprite, by offering trader friendly features that keep the trading hassle-free, convenient, and cost effective especially in the current market scenario".

Why Fiat?

As part of its growth strategy, Tradesprite decided to start the Fiat deposit with its exchange coin CGC. This provides a convenient on-ramp for traders looking to enter into the crypto market with Fiat. Based on feedback from the market, there continues to be a clear need for users to enter into the crypto market seamlessly. There are exchanges and crypto-to-fiat converters in the market, however they suffer with difficult KYC processes, and the costs can be sometimes as much as 3-5%.

Tradesprite's process is simple yet interesting concept to explore - with it's native token (CGC token), user can trade through fiat easily by sending an email to support @tradesprite.com. User deposits Fiat (currently it accepts USD, and plans to add more currencies in the near future). Once the funds are deposited, the user wallet is credited with equivalent native token (CGC token).

The process to do this is at subpage —  www.tradeprite.com/fiat/ (https://medium.com/r/?url=http%3A%2F%2Fwww.tradeprite.com...)

Cost effective

Tradesprite's Fiat deposit process is considerably cheaper than some of the other options in the market, especially as it charges under 2% fees for the total transaction, and if the traders trade on Tradesprite, then the brokerage there is a very low 0.05%, making the overall transaction one of the most cost-effective in the market.

To know more updates join Tradesprite on Telegram https://t.me/joinchat/FO7IlUXpDgfPtWZO_ (https://medium.com/r/?url=https%3A%2F%2Ft.me%2Fjoinchat%2...)

About Tradesprite: https://tradesprite.com (https://medium.com/r/?url=https%3A%2F%2Ftradesprite.com%2F)

Social Media Links:

https://twitter.com/tradesprite (https://medium.com/r/?url=https%3A%2F%2Ftwitter.com%2Ftradesprite)

https://www.facebook.com/tradesprite/ (https://medium.com/r/?url=https%3A%2F%2Fwww.facebook.com%2Ftradesprite%2F)

https://www.instagram.com/tradesprite/ (https://medium.com/r/?url=https%3A%2F%2Fwww.instagram.com%2Ftradesprite%2F)

Contact
Tradesprite pte ltd
***@tradesprite.com
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Tags:Cryptocurrency
Industry:Financial
Location:Singapore - Singapore - Singapore
Subject:Services
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