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BITSMO CELEBRATES THE ACQUISITION OF ESTONIAN CRYPTOCURRENCY TRADING LICENSE

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Bitsmo has successfully obtained Estonian Cryptocurrency Trading License with, of course, some good crypto trading solutions. Estonia has recently tightened up its procedure to issuing cryptocurrency trading license, thus it requires more than what was earlier perceived by the world. Bitsmo is proud of acquiring this as it labels us as a law-compliant cryptocurrency exchange company, unarguably. HERE IS WHAT ‘A LICENSE’ ENSURES ALONG: • Expertise in cryptocurrency exchange business • Fully-regulated work-flow • Vast team, i.e. extensive and experienced service • Dedicated and seasoned account manager • Complete assistance with banking and payment possibilities Bitsmo has obtained the ‘Cryptocurrency Trading Against Fiat Currency License.’ Since Nov 27th, 2017, all operating licenses have been issued by the Estonian Financial Intelligence Unit (FIU) after they had modified the Anti-Money Laundering Act. The board had come up with some appreciable set of eligibility requi
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News

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JAPANESE ZAIF EXCHANGE FACED A SUBSEQUENT LOSS! HOW BITSMO IS A SAFER SOLUTION FOR THAT MATTER? Everyday there’s a report claiming hacks on an XYZ exchange or stealing of funds from the exchange wallet. To speak of the latest report, Zaif Exchange (a Japanese cryptocurrency exchange ) has lately faced loss of their funds worth $60M. Possible reason: Security system continues to plague their assets. The technology department of Zaif Exchange has said that funds were stolen between 5pm and 7pm on 14 th of September. The cyber-criminals decamped with the asset worth $60M, of which $40M was users’ money. This stealing suggests that current cryptocurrency exchanges are too vulnerable to trust your million worth digital assets with. When Coincheck lost $500M in a matter of minutes, it already rang the alarm about poor security system of crypto exchanges, yet people have kept investing and trading. This latest stealing case on Japanese exchange is actually a blow to the r
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BITSMO – REVOLUTIONIZING THE WAY YOU DO CRYPTOCURRENCY TRADING

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Blockchain technology is removing the middlemen that conventional banks use to process small/large any transactions to save up on our pockets and speed up the transactions. Consider it as a principled digital economic transaction ledger, which can be developed to record not just money transactions, but almost everything of value. Drawbacks of FIAT money and its system As you must know, fiat currency is the state currency ruled as legal by state government, however is inherently value less asset. You may not be aware, but fiat money is gradually losing its representational capability for gold deposits and other valued assets in the market. If the future is discussed, fiat money will remain just as debt instruments. Below is the demonstration how cryptocurrency is beating fiat: -           Cryptocurrency enables its users with financial power, while fiat money is streamed to us through banks. -           Fiat system seconds Kleptocracy, while cryptocurrency has restored
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