Bitcoin exchange Cryptsy has announced it will soon launch a new bitcoin exchange called Crypto Exchange.
According to the site’s FAQ, Crypto Exchange will “exchange bitcoin, litecoin, and ether”.
The service is currently only available in Canada, but the company is looking to expand its network to other countries.
The site’s team said that Crypto Exchange “will allow you to easily buy and sell bitcoin, ether, ltc, and fiat currencies” as well as “invest in crypto assets such as bitcoin and litecoins, or sell bitcoin and ether for fiat currencies”.
Cryptsy’s FAQ explains that Crypto exchange “will work on desktop and mobile devices”.
The site also claims to have “100% safe and secure payments, and no credit card fees”.
The website also promises to support “more than 5,000 cryptocurrencies” and says it “will never charge you a fee”.
“Crypto Exchange will not charge you fees, and will never charge your credit card or spend your cryptocurrency in an exchange,” the FAQ says.
Cryptsy says the service will launch later this year, with “no hidden fees or limits”.
According to CoinDesk, the website currently has 1,700 users and is “currently the third most popular exchange in Canada”.
Crypto Exchange is described on the site as a “platform where you can trade bitcoin, fiat, and more.”
The website says the platform will allow users to buy and Sell Bitcoin, Ether, Litecoin, Ripple, and many more cryptocurrencies.
According the site, users can buy and offer “Bitcoin, Ethereum, Litecoins, and other crypto assets for fiat, bitcoin, and ltc”.
Users can also sell bitcoin for “litecoins” or sell litecommodity tokens, but “Cryptocurrencies cannot be traded in a Litecoin exchange.”
According to Cryptsy, users will be able to trade Bitcoin and Ethereum “for fiat currencies such as US Dollars, Euros, Japanese Yen, British Pound, and Euro/Australian Dollars”.
The exchange will be based in Toronto and will offer its users the ability to exchange “bitcoin, ether” and “ltc”.
Cryptocurrency is a growing sector, as its popularity has risen in recent years.
It has become a viable alternative to traditional financial services and a popular tool for individuals and businesses, such as digital currency exchanges.