BUX Launches Zero-Fee Crypto Trading Across Europe

BUX, a Dutch retail brokerage platform, announced on Wednesday the launch of its crypto platform, offering commission-free trading services.

Dubbed BUX Crypto, the public launch of the crypto-specific platform across Europe followed its soft launch in early March.

“We see BUX Crypto as a natural extension of our current lineup, which is focused on offering products that make it simple and affordable for even the newest investor to get into the financial markets,” Nick Bortot, founder and CEO of BUX, said.

Initially, the platform will list six digital currencies for trading - Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term, Etheruem, Ripple Ripple Ripple was co-founded by Jed McCaleb and Chris Larsen and was debuted in 2012 as both a digital disbursement network and a pre-mined digital coin denoted as XRP. Possessing less market cap than both Bitcoin and Ethereum, Ripple ranks as the third-largest cryptocurrency.Its dual open-source and peer-to-peer (P2P) decentralized platform whose network is capable of working with any form of money such as GBP, Ethereum, Yen, etc. What is Ripple Used For? Known as a gateway, participants of Ripple may Ripple was co-founded by Jed McCaleb and Chris Larsen and was debuted in 2012 as both a digital disbursement network and a pre-mined digital coin denoted as XRP. Possessing less market cap than both Bitcoin and Ethereum, Ripple ranks as the third-largest cryptocurrency.Its dual open-source and peer-to-peer (P2P) decentralized platform whose network is capable of working with any form of money such as GBP, Ethereum, Yen, etc. What is Ripple Used For? Known as a gateway, participants of Ripple may Read this Term, Bitcoin Cash, Litecoin, and its native BUX token - and allow trading against euro.

Zero-fee services, but with a catch

Though touted as a commission-free platform, traders holding at least 2,500 BUX tokens will be able to receive zero-fee crypto trading services.

BUX acquired Blockport, a “social” investment platform, in January and rebranded it as BUX Crypto, putting it in the company’s lineup of trading and investing products.

BUX Crypto will register with the Dutch Central Bank (DNB) as a cryptocurrency services provider and is now available in 25 European countries.

“Since launching BUX in 2014, we have been developing apps that fit the needs of a new generation of investors. Part of our current offering allows users to invest in shares at zero-commission in an elegant, intuitive interface,” Bortot added.

“Following the official launch, BUX Crypto will be focusing its product development strategy on creating social-driven investing features.” Sebastiaan Lichter, head of product at BUX Crypto, said. “As a company that values its community, the product roadmap will focus heavily on building unique features that can bring both beginners and advanced investors together to learn from each other.”