BitGet issues a license in Poland

Today, BitGet crypto exchange announced that it has successfully registered in Poland as a provider of virtual asset services. Thanks to this, it can work in the Polish market.

More details

The managing director of the exchange stated that they understand the importance of regulation as the basis for the future of cryptocurrencies, if it is necessary to get mass adoption. By obtaining licenses in European countries, the exchange improves its position and the quality of services in Europe.

At the same time, the latest quarterly report says that the exchange was able to increase the staff to 1.3 thousand people. She used to have about a thousand employees. At the same time, about 300 more vacancies are open at the exchange.

In addition, thanks to the restoration of the value of cryptocurrencies, it made it possible for the User Protection Fund to get about $ 80 million on the balance sheet. As a result, the amount reaches $ 380 million.

Futures trading also increased during the first quarter. The indicator was 27%, reaching $658 million. now the exchange has about 8 million registered in 100 countries around the world.

Recall that this year the Binance exchange also registered in Poland as VASP. This is due to the fact that the local government has introduced new conditions for the activities of crypto companies.

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