Despite being the first company to offer Bitcoin trading in Poland, Bitbay has not stopped there and has announced the inclusion of Ethereum as a tradable asset.
Rise of Ethereum
Ethereum is a crypto platform built especially for smart contracts and decentralized applications. Ether, a crypto token used for transactions on the platform, has seen a drastic increase in value lately, making it the second largest cryptocurrency after bitcoin.
With more and more people making investments in Ether, many exchanges catering to bitcoin traders have started including Ethereum trading services.
Interestingly, some of the lesser-known digital currency regions are among the first ones to add Ethereum to the list of their exchange services. After Korbit in Korea and Coincheck in Japan, BitBay is the very first exchange company to offer trading for Ethereum in Poland.
BitBay Mission
Founded in 2014, BitBay offers online exchange services similar to other companies. However, BitBay stands out from the crowd. Developing its services, founders strived to make them fast, and as secure and trustworthy as possible.
BitBay puts the ensuring of the safety of transactions at the top of their priorities. It utilizes powerful redundant dedicated servers and keeps all of its customers’ funds in encrypted cold wallets. BitBay offers 2-factor authentication provided by Rublon and a number of additional security options, including Google Authenticator and email notifications.
In addition, BitBay aims to provide timely customer support, as time is money and BitBay does not want their users to experience any difficulties and delays in transactions. Besides offering contact via email, hotline, live chat and through their website, the company’s office in Katowice welcomes its customers during weekdays.
This certainly contributes to trust building, especially in the current situation where security failures, scams and thefts in bitcoin businesses seem to be commonplace.