BitBay Brings Ethereum to Poland
Despite being the first company to offer Bitcoin trading in Poland, Bitbay has not stopped there and has announced the inclusion of Ethereum as a tradable asset. Ethereum is a crypto platform built especially for smart contracts and decentralized applications. Ether, a crypto token used for transactions on the platform, has seen a drastic increase in value lately, making it the second largest cryptocurrency after bitcoin. With more and more people making investments in Ether, many exchanges catering to bitcoin traders have started including Ethereum trading services. Interestingly, some of....
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BitBay is one a mission to bring not only Bitcoin, but also Ethereum trading to Poland. Thanks to a variety of trading markets, users can trade ETH against PLN, Bitcoin, EUR, and US Dollar. All in all, this seems to be very positive news for Ethereum, as the Ether token becomes more widely available. Even though it is rather easy and somewhat convenient to trade Ethereum across the major exchanges already, it is always good for to see more localized platforms expand their business. In the case of BitBay, a Polish digital currency exchange, the addition of Ethereum will hopefully help put....
Having launched just back on March 29 of this year, Bitbay is not a well-known Bitcoin and Litecoin exchange but it is already considered the most developing and promising exchange in its region, gradually attracting more and more traders from all over the world. Bitbay operates as a registered, limited-liability company headquartered in Katowice, Poland with a dedicated customer service office. Security-oriented, Bitbay offers best solutions to safety issues, with cold wallet asset storage and two-factor authentication (provided by Rublon) among them. The company is self-funded and one of....
Poland might now join the ranks of those countries not open to cryptocurrency developments, as banks in the nation refused to accept payments using bitcoin exchanges. According to news from Polish bitcoin forum bitcoinet.pl, bitcoin payments are no longer available on cryptocurrency exchanges Cryptocoin.com, Bitbay.pl. and Bitmarket24.pl. "All this is due to the ultimatum that the four largest Polish banks bring to operators and BlueMedia CashBill payments," the forum noted. With that, bitcoin exchange Bitbay.net has already advised its users that they can no longer make accelerated bank....
bitSome local newspapers and online portals are reporting that Polish banks are forcing online payment providers, such as Cashbill and Bluemedia, to terminate contracts with Bitcoin exchanges and cantors. It appears that the issue is currently only being reported by Polish language media, as not a lot of information regarding the issue available in English media. When Bitcoinist received an e-mail from Justyna Laskowska Witek of BitBay.net, we learned that his company is not the only one affected by this “game” being played by the banks in Poland. This report says that, starting Monday,....
This Thursday, (12th June, 2014) at 5 p.m, the first Robocoin (a bi-directional Bitcoin ATM) will start to operate in Katowice, thus making Poland the 14th country worldwide to have one. All transactions will be possible thanks to cooperation with Polish BTC/LTC exchange, BITBAY.NET. It will stand in the middle of one of the most recognized shopping centres in Poland – Silesia City Center, visited by 15mln people annually (and still counting). It has a total area of 86,000 sqm. This perfectly situated, modern, luxurious and functional shopping center boasts of spacious parking lots and,....