The Daily Tip: New Crypto Exchange Bitzlato Offers P2P Trading

There’s a new digital asset exchange on the market that offers opportunities for peer-to-peer cryptocurrency trading and a variety of fiat payment options. Bitzlato is a Russian platform integrated with a P2P exchanger that features a web-based version and a Telegram bot buying and selling six cryptocurrencies.

Also read: BCH Is Now Supported by a Large Crypto ATM Network in Switzerland

Numerous Payment Methods Available

The integration allows Bitzlato to provide users with a variety of deposit and withdrawal options including bank transfers, payment processors, credit cards and ATMs. Traders in Russia, Belarus, Ukraine, Kazakhstan and a couple of dozen other countries can use popular services in the region such as those offered by Qiwi, Yandex Money, Sberbank, Tinkoff Bank and many more.

The crypto trading platform, which went live in February, is now processing trades in open beta mode. Bitcoin cash, bitcoin core, ethereum, litecoin, dash, and dogecoin can be traded on Bitzlato. Its team plans to also list the two recently launched privacy-centric cryptocurrencies beam and grin.

This week Bitzlato introduced a new stablecoin for its traders. “Monolith” is an ERC20 token that comes in two variants – a 1:1 ruble-pegged RUBM and a dollar-pegged USDM coin. Monolith transactions are commission-free. The exchange charges a 0.05% maker fee and a taker fee of 0.15%.

The platform maintains a multi-currency online crypto wallet and offers merchants a gateway for accepting payments in both cryptocurrency and fiat money.

Do you know of any other new trading platforms in the crypto space? Tell us in the comments section below.

Images courtesy of Shutterstock, Bitzlato.

At Bitcoin.com there’s a bunch of free helpful services. For instance, have you seen our Tools page? You can even lookup the exchange rate for a transaction in the past. Or calculate the value of your current holdings. Or create a paper wallet. And much more.