End of Monero support on Atrad.io

 
 
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Feb. 23, 2021 - PRLog -- Like many players in the crypto field, Atrad.io announce the upcoming end of support for Monero as a payment method. Deposits in Monero will no longer be possible; withdrawals will remain possible for the next 30 days up to the amount of the deposits (+ interest) initially made in Monero; then all withdrawals will be made in Bitcoin.

The same applies to FIAT deposits and withdrawals (EUR, USD) via transfers or any other payment method.

The added value of the platform is not in the daily management of multiple currencies but the arbitrage of crypto money.

The company will very soon exclusively accept Bitcoin (which represents more than two-thirds of the total value of all the cryptos).
Indeed, many exchanges allow their customers to easily exchange their Bitcoins upstream or downstream of their investments with them.

The procedure for depositing bitcoin funds on Atrad.io will be improved very soon to simplify and speed up payments.

Last but not least, this will significantly streamline their KYC/AML procedures to focus on their core business.
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Tags:Monero
Industry:Financial
Subject:Features
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