Cryptonit exchange has announced that new member registrations have begun, following its successful site upgrade and rebranding. Cryptonit is a brainchild of Finom AG, which also controls other top projects like Nanopool and TabTrader.
Due to massive growth and traffic, the Cryptonit exchange had to temporarily halt new user registration, to enable the team performs the required upgrade and rebranding. New users, as well as old members, can now enjoy an entirely revamped Cryptonit exchange. The user interface and the backend have been fully optimized to handle a huge amount of traffic.
At present, Cryptonit serves over 38,000 users with established cryptocurrencies like BTC, ETH, and EUR available for trading. Users can fund their accounts using bank cards, direct transfer or crypto wallet. Customers can also withdraw funds via same channels by which they funded their accounts. OKPAY also facilitates withdrawals for the platform. No verification is required for using cryptocurrencies as an exchange.
Cryptonit boasts of having one of the lowest commissions on the market. Fees are between 1% and 4.5% for both deposits and withdrawals.
The Chief Compliance Officer of Finom and Co-founder of Cryptonit, Yegor Karatov, has said:
“Recently, the sudden bitcoin growth raised a series of new users’ registration closings on the largest crypto exchanges including Bittrex, Kraken, and CEX.IO. The stream of a new audience was cut off, which provoked a slump in the cryptocurrency exchange rate. The market lacks a wide choice of high-quality and reliable platforms. This is the reason we are opening Cryptonit to new users earlier than we intended. Registration had been temporarily closed in order to carry out the platform’s maintenance. All planned technical work for the relaunch has now been completed. The trading engine is fundamentally new and we expect it to hold greater loads in comparison with the previous one.”
Presently, the exchange supports roughly one thousand transactions per day, but the capacity and trade volume will soon be increased to handle up to 1 million transactions daily by incorporating LMAX Disruptor technology. When this is done, Cryptonit will be at same level with big exchanges like Bitfinex, Bittrex, etc.
Finom in Brief
Finom is a blockchain and financial corporation formed from five companies which are: Nanopool, Tab Trader, Cryptonit, Cryptal, and Beetle.io.
Finom’s mission is to make finance available to everyone. The Corporation is active in the crypto exchange, mining tools, and investment services. Finom has over 520k clients in 178 countries. The corporation announced profits of over $3.2 million in 2017.
For information visit www.cryptonit.net/en/exchange?pair=BTC-EUR