New Crypto Exchange ‘Bitzlato’ Offers Opportunities for P2P Trading

You got that perfectly correct. There’s a new digital asset exchange in the market named Bitzlato. This new cryptocurrency exchange brings forth the opportunities for Peer-to-Peer cryptocurrency trading along with a variety of fiat payment options.

Bitzlato is a Russian-based cryptocurrency platform perfectly integrated with a P2P exchanger featuring a web-based version and a Telegram bot buying and selling six digital currencies.

A Bunch of Payment Methods Available

The integration of Peer-to-Peer exchanger is what allows Bitzlato to provide users with a number of deposit and withdrawal options including payment processors, bank transfers, ATMs and credit cards. Traders in Russia, Kazakhstan, Ukraine, Belarus and a couple of dozen other nations can use popular services in their regions such as those offered by Yandex Money, Qiwi, Tinkoff Bank, Sberbank and many more.

The new digital asset trading platform, that went live on February, is now processing trades in an open beta mode. Bitcoin Cash (BCH), Bitcoin Core (BTCC), Ethereum (ETH), Litecoin (LTC), Dash (DASH), and Dogecoin (DOGE) can be traded on Bitzlato. The developer team of Bitzlato plans to also list the two recently launched privacy-centric digital currencies Beam and Grin.

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

The cryptocurrency platform not just maintains a multi-currency online cryptocurrency wallet but also offers merchants a gateway for accepting payments in both fiat money as well as a cryptocurrency.