Crypto exchange license
The cryptocurrency exchange license is becoming extremely prevalent. Eventually, not just software enthusiast and ordinary individuals, but also so-called investment companies – banks, huge funds and shareholders – are becoming involved in cryptocurrencies. If this is the case, trust in the investment market rises.
Advantages of crypto exchange license
Crypto exchange license: Transaction Limits
Conditions for obtaining crypto exchange license
Because each permitting process is unique, different criteria and circumstances may apply. The firm needs to have at least two or three directors, who, along with the stockholders, should have skills and knowledge. An integrated organisational policy, as well as the recommendations can be made to assure a marketing strategy, are in existence. Deposit of allowed capital, the proportion of which is determined by the corporation’s revenue, the region of operations (in the nation of incorporation or across the EU/world), and the type of the set of requirements. Furthermore, there is a cost for an application to be submitted. An yearly charge is necessary for renewing the license for digital payments.