Dukascopy is on the verge of transforming the P2P exchange space for crypto and fiat currencies by introducing a robust security mechanism for fiat transactions.

Chainwire from Geneva, Latvia, December 4th, 2023

Dukascopy Bank, a frontrunner in the realms of online banking and financial services, proudly announces the debut of its innovative peer-to-peer cryptocurrency exchange platform. This service enables users to effortlessly buy and sell cryptocurrencies against their fiat currency.

The Dukascopy P2P exchange functions as a digital marketplace where clients can post offers to buy or sell a variety of cryptocurrencies paired with fiat currency, specifically USD. Currently, users can trade in 14 prominent cryptocurrencies, with an ambition to expand to a wider array of altcoins and NFTs.

Dukascopy clients have straightforward access to the P2P cryptocurrency exchange via the dedicated P2P section on the Dukascopy Connect app. An active account with Dukascopy is required to make use of this service. Multi-Currency Account (MCA) This requirement ensures that both participants in a transaction have been properly verified by the Bank, providing an additional layer of assurance and trust throughout the exchange process.

The listings for buying and selling are presented in a uniform format, adhering to the Bank's guidelines. Since these advertisements are made in a regulated environment, clients engaging with these ads are guaranteed to have the appropriate fiat currency readily available in their accounts, significantly reducing the risk of encountering fraudulent requests during transactions.

Moreover, Dukascopy Bank plays a vital role in safeguarding fiat settlements during P2P exchanges. When a buyer initiates a trade, the Bank temporarily holds the buyer's fiat funds until the corresponding cryptocurrency has successfully been transferred to their digital wallet, ensuring a seamless and dependable trading experience.

What sets Dukascopy apart in the market is its strong emphasis on ensuring the fiat component of the exchange remains secure. Unlike many other platforms that primarily focus on the cryptocurrency aspect through escrow services, Dukascopy prioritizes mitigating the risks tied to fiat transactions, which are often more challenging to verify. Dukascopy’s P2P solution Users on the P2P marketplace are required to comply strictly with its regulations and keep their fiat funds secured within the platform's confines. In cases of disputes, the Bank takes the initiative to conduct comprehensive inquiries to ensure fair and safe resolutions.

Looking ahead, Dukascopy Bank plans to introduce API connectivity to the P2P marketplace, catering to users who prefer more advanced and automated trading setups.

Dukascopy Bank invites its clients to dive into the new P2P marketplace and share their thoughts via the Customer Support chat. They greatly appreciate feedback and strive to enhance their offerings continuously.

Customers of Dukascopy can access the P2P exchange through the Dukascopy Connect app after creating an account. New users can sign up directly within the app, with download links available on the exclusive P2P service page. webpage .

Dukascopy Bank is confident that clients utilizing this innovative P2P solution will find a safer environment to conduct their crypto-to-fiat exchanges. For additional insights into their crypto propositions, please check out their offerings. https://www.dukas.io For detailed information regarding MultI-Currency Accounts (MCA), please refer to the bank's official resources. https://www.dukascopy.bank/

 About 

Dukascopy  Bank SA, established in 2004, is a trustworthy Swiss financial institution governed by the Swiss Financial Market Supervisory Authority (FINMA) and operates as both a bank and a securities firm. Dedicated to innovation and delivering top-notch customer experiences, Dukascopy has been at the forefront of financial services for over two decades.

Contact

Ariza Abdujeva
Dukascopy Bank S.A.