P2P Trading
summary
Bitalo launches in September 2019 as a BaFin-licensed financial intermediary offering P2P euro and CHF crypto trades with user-side encrypted wallets so the platform never holds private keys or fiat. Trading uses 3-key escrow multisig where buyer, seller and Bitalo each hold a key and Bitalo intervenes only for disputes. Fees run 1% fee split between buyer and seller. Full KYC (video ID or in-person) applies; on-chain trading favors low-fee coins; expansion targets Poland and Turkey.
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