Mercado Bitcoin Portugal launches application that facilitates transactions

Per: Ana Vieira

Mercado Bitcoin Portugal, registered with Banco de Portugal, launched an application to improve the trading experience trading It is reporting.

“In addition to facilitating digital asset transactions, the application will allow analyzing gains and losses arising from movements in the crypto market”, the company said in a statement. fintech.

With more than 200 digital assets available, Mercado Bitcoin Portugal adds that this is the first step so that its customers can “easily invest in cryptocurrencies”.

Speaking to PME Magazine, a source from the cryptocurrency broker explains the security and integrity methods of negotiations in force, such as the End-to-End Encryption, in which all information is encrypted from the moment it leaves the user’s device until it reaches the company’s servers, Two-Factor Authentication (2FA), Biometric Authentication, Compliance with Industry Standards, following the main security standards and practices in the sector, Regular Security Audits, Cold Storage of Assets, in which a significant part of the assets traded through the platform are kept in cold storage, i.e. offline and user education itself, with the provision of resources and tips.

In a second phase, which should be implemented in June this year, Mercado Bitcoin Portugal states that the application will have the experience of reporting complete, allowing users to know the impact of market fluctuations on their investments.

Remember that the Mercado Bitcoin Portugal cryptostore is the first cryptocurrency broker authorized by the Bank of Portugal, with a license granted in 2021.