Leading cryptocurrency exchange Bitrue and leading fiat-to-crypto payment service Legend Trading have announced a powerful new partnership to solve liquidity, payment compliance, and cost issues that have long stifled retail trading on exchanges. The new integration allows customers to buy and sell cryptocurrencies with bank transfers, credit and debit cards.
The main aim of Legend Trading is to build the best financial payment infrastructure for the future. They believe that the future of global finance should be open to everyone. Their vision is to bring the benefits of digital assets to the masses. They have a payment infrastructure that seamlessly combines trading, payment services, and compliance to empower people and businesses of all sizes to successfully participate in the cryptocurrency ecosystem.
Last Friday, we hosted an insightful Telegram AMA session with John Botinas, Head of Customer Success and Community of Legend Trading.
Let’s check the Q&As between Bitrue and Legend Trading below
Could you provide a quick introduction about Legend Trading and the team behind it?
Legend Trading is a U.S. regulated cryptocurrency trading company trusted by over 700 leading institutions and has over $10 billion annual trading volume. We provide over-the-counter (OTC) trading services that offer deep liquidity and customizable services that are suited for brokerage firms, investment advisors, family offices, corporations, and high-net-worth individuals. We also offer a comprehensive fiat-to-crypto gateway for banks, crypto exchanges, wallets, and NFT platforms to integrate and enable their customers to buy/sell crypto with bank transfers and credit/debit cards.
The Bitrue community can now use Legend Trading services to access the most competitive fiat-to-crypto pricing, scaled liquidity, and the ability to make bigger bank transfers.
We would love to know the history behind how Legend Trading was created, can you tell us a little more about that?
Legend Trading is founded by many professionals in trading, compliance, banking, and payments. Our CEO and COO have been in the crypto space for many years and are serial entrepreneurs. Today, we are trying to connect crypto and traditional finance and helping to lead adoption. Thousands of institutional clients are trading with us daily, including banks!
We are also helping banks offer crypto services to their customers. We are here to bring crypto to the people. The value of 1 BTC should be more than what we see today. We are the builders to make that happen!
What makes Legend Trading different? What mission do you and the team have?
Legend Trading’s platform is a professional, secure, and compliant way to trade multi-fiat currency into crypto using bank transfers and more. You can conveniently deposit, trade, withdraw in USD, EUR, GBP, CAD, AUD, JPY, and CHF, and enjoy many benefits to a wider audience often received by large volume institutions.
Lower fees: Our real-time market price gives users the best rates and tight spreads when purchasing fiat to crypto. We also have some of the lowest gas fees that are built-in, and always have super competitive fees when making a trade. Simply put, our users worry less about fees, so they can focus primarily on trading.
Large trade size & deep liquidity: By connecting to all the major liquidity providers in the world, we offer excellent liquidity and competitive quotes.
Can you explain more about the collaboration with Bitrue?
We are thrilled to be collaborating with Bitrue, and we believe that by providing our institutional grade trading capabilities to institutional customers, the end result is a win-win for the crypto trader.
What are the benefits for users, especially on Bitrue?
There are many benefits for the user, but all Bitrue users will enjoy our seamless fiat on-ramp and off-ramp capabilities.
What kinds of payment methods do you support and in what jurisdictions?
Here at Legend Trading, we help users to bridge their fiat into crypto, with a focus on creating the best user experience. We offer several payment methods to send your funds from your bank to your Legend Trading account, including Bank ACH(US domestic), Wire Transfer (US Domestic), Wire Transfer (International via SWIFT), FPS, SEPA, SEPA Instant, and so on. We support multiple fiat currencies including USD, EUR, GBP, AUD, CHF, CAD, JPY, and more in 150+ jurisdictions.
What fiat currencies can I use to buy crypto on Bitrue via Legend Trading?
Users can use our service on the Bitrue website to deposit and buy crypto, as well as withdraw US Dollar(USD), Euro (EUR), British pound sterling (GBP), Australian Dollar (AUD), Canadian Dollar (CAD), Swiss Franc (CHF), and Japanese Yen (JPY).
What are the trading limits?
There are no trading limits. You can trade as much as you like as long as you have sufficient funds to cover the order at the time it is placed.
What are the requirements?
Easy. Just click here and start to deposit with bank transfers or cards. You will be able to view your fiat account and use the balance to purchase crypto. Here’s a tutorial video on how to make a trade with a bank transfer.
Do you have any upcoming news or developments you want to share?
- Payment options: We are committed to cover more and more local payment options and make it easier for customers to on-ramp. Support for new fiat currencies coming soon!
- We are working with the Bitrue team to enable KYC Connect. This will allow users to verify with Legend Trading automatically, removing the frustration of a duplicated onboarding process. The goal is to have users be able to use our fiat on-ramp service, in one click.
That’s the end of the AMA sessions. If you want to know more about Legend Trading please pay attention to their official website and social platforms, and don’t forget to drop a follow and support.
For more information please visit: https://www.legendtrading.com/