BitPreço announces free cryptocurrency trading service for companies

The cryptocurrency marketplace BitPreço announced this week the availability of a new service to companies, aimed at buying and selling cryptocurrencies. This is “Crypto as a Service” (CaaS), “criptos como um Serviço” in Portuguese, a model that enables financial institutions such as fintechs and investment brokers to offer cryptocurrencies in the form of a product to customers.

The technology made available by the platform can be an alternative for institutions to buy and sell cryptocurrencies without the need to develop their own technology, in addition to the need to seek authorization to operate in the sector.

According to what Bitpreço reported, companies interested in operating on the platform’s CaaS need to follow some rules related to the compliance policy that aims to ensure the selection of reputable companies, in addition to preventing financial fraud.

For the CEO of BitPreço, Ney Pimenta, the Crypto as a Service model shows signs of incorporation in the Brazilian market, which happens in the area of ​​the proposed growth of BitPreço’s operations, whose operations in the market began in 2018.

Crypto as a Service is an international trend that is starting to gain ground here, connecting companies to the future of currencies. With the service, companies can offer a new product to customers and generate profit on cryptocurrency trading. For BitPreço, these partnerships open up new sales channels and expand the visibility of our brand, he said.

Consolidated as one of the largest cryptocurrency platforms in the country and the first cryptocurrency marketplace in Latin America, BitPreço also exclusively negotiates the Cruzeiro Token, as well as game tokens. A trajectory that has a watershed in April 2021, when the company launched the BitPreço Wallet, an application for smartphones that use the android and iOS systems, aimed at trading and storing cryptocurrencies as reported by the Cointelegraph Brazil.