Bitcoin Exchange Safello Acquires Futures Trading Platform ICBIT
ICBIT has been on the company’s radar for quite some time now. Among the services offered are futures products such as the Bitcoin price rate against USD, and LTC. Most people know Safello as a Swedish Bitcoin exchange platform. With their quick deposit and withdrawal functionality, the company has become a rising star in the cryptocurrency world. But Safello is looking to expand their offerings, as they acquired Assets BT Technology Inc. This crypto futures exchange platform was founded a few years ago, and services 12,000 customers to date. Not too long ago, the Swedish Bitcoin exchange....
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On Tuesday, West Realm Shire Services Inc., the parent company of the crypto exchange FTX, announced that the firm has acquired the Commodity Futures Trading Commission (CFTC) regulated digital currency futures and options exchange and clearinghouse Ledgerx.
FTX Acquires Virtual Currency Futures and Options Exchange Ledgerx
Ledgerx has been acquired by the cryptocurrency giant FTX, according to an announcement published on August 31. Ledgerx is a popular crypto derivatives platform that has seen “over 10 million crypto options and swap contracts” since 2017.....
Recently, we had an opportunity to interview Frank Schuil, the CEO and founder of Safello. Frank is a seasoned entrepreneur who has founded numerous and guess what, he is/has been a rapper too! Safello is a leading bitcoin platform based out of Sweden. Safello offers a unique exchange and wallet service to its customers. People can buy, sell or store bitcoins on the platform. We asked Frank a set of questions about Safello, and future of bitcoin, and this is what he had to say. Gautham: Can you please tell us a bit about Safello? Frank: Safello was founded in July 2013. Since then, it has....
Bitcoin exchange Safello will unveil Sweden's first bitcoin ATM next week, after announcing their work on the Lamassu machine just three weeks ago. The ATM will be on display next Monday at Stockholm's STHLM TECH Meetup - converting users' cash into bitcoin and depositing it in their wallet addresses. For now, the machine is operating in Safello's office while the company puts the finishing touches to its service. It will move to a more permanent location soon. "We are in discussion with a big mall in the centre of Stockholm. We aim to cooperate with them for the first ATM deployment,"....
Last week, we reported on a start-up company by the name of Safello, that was working on a new bitcoin ATM. It was noted that Safello was essentially still scouting around for locations, but the company has seemingly found a place to do business. The Safello bitcoin ATM is reported located just outside the Hilton Slussen Hotel in Stockholm. As one would expect, the ATM is able to turn traditional fiat currency into digital currency using Safello's bitcoin exchange and vice-versa. The goal? Bridge the gap between the world of digital currency and fiat currency in one seamless transaction.....
If you needed more proof that their is a ton of growth going on in the bitcoin exchange community, here's something else to convince you. Swedish bitcoin exchange Safello has announced an investment of $250,000 from the Bitcoin Opportunity Corporation, started by Barry Silbert, CEO of both SecondMarket and the Bitcoin Investment Trust. "In a very short period of time, the Safello team has created a leading European platform for buying, storing and selling bitcoin," said Silbert in a press statement. "Their user and transaction growth is accelerating and I'm thrilled to join a group of....