On November 9th, Coinmerce could not hide their excitement as they saw their crypto included in the Dutch Central Bank, De Nederlandsche Bank (DNB) register. The registration is a green light for the platform to continue with their undertakings.
As one of the top cryptocurrency platforms with both wallet and trading functions in the Netherlands, the enrolment will bring more investors. Customers are assured that the platform is secure and adheres to regulations of operation.
The founder of Coinmerce, Nick Smits Van Oyen, said that this was a good trend for its future. It allows them to proceed with their operations without losing sight of their mission; Cryptocurrency for everyone, everywhere. The platform plans to win the battle against financial terrorism. Most fraudsters convert the funds to cryptocurrency and send the proceeds in digital coins to launderers based in foreign countries.
Both Coinmerce and De Nederlandsche Bank have been in talks since 2019. The actual registration started to become a reality from May 2020. Smits Van Oyen said, “It has been a pervasive and intensive process, which involved implementing and documenting the policy, the underlying procedures and controls. All to minimize the risk of money laundering, terrorist financing, and fraud.”
Comprehending the Dutch Cryptocurrency
Coinmerce, a European Cryptocurrency, was established in 2017 in the Netherlands. The Dutch company has many cryptocurrencies purchasable with simple payment procedures. Coinmerce started with a few coins in 2017, growing to 75 coins in 2018, and now they offer over 140 various coins.
You can always look out for new listings on Twitter as they list as many coins as possible under demand. With an all-inclusive smartphone app, the company targets growing the cryptocurrency trade by making it available to everyone. Availability to all everywhere is their slogan. Their fees range between 0.45% and 0.25% in every transaction according to liquidity, volumes, and magnitude of projects.
Availability of Coinmerce
One interesting reality about this platform is that you do not need extensive knowledge of cryptos to use it. You barely need the expertise to buy or sell crypto in this platform; every step is simple for all users. Coinmerce adopted a mobile app in the initial stages of the company to make usage simple.
The smartphone app is accessible in the App Store and Play Store. You can trade anywhere anytime without logging into the website. You can easily access your wallet, check your coins’ value, and keep up with the market trends.