In today's interview we were able to talk to Coinquista's CEO - Michal Stryjewski. What interesting things is in store for the exchange and why does it have the potential to become one of the leading platforms for trading in Europe? Answers to these questions can be found in the interview below. Safety first Question: One of the most important issues in the topic of cryptocurrency exchanges is their security. Why is Coinquista considered a safe platform for crypto trading? Answer: Yes, the security of the platform users' funds, is our top priority. So, we have undertaken a number of works to prevent the theft of cryptocurrencies or traditional fiat currencies from the platform. The most important element is the cooperation with an external American company BitGo and payment processors from Poland. This is because the digital assets are supposed to remain on cold wallets - in other words, they will be on devices not connected to the internet. In practice, hackers have no access to them. BitGo offers this through a partnership with Genesis Global Trading Inc. and multisiganture technology. However, when it comes to deposits and withdrawals of fiat currencies such as PLN, we have solved this in an equally simple and secure manner. For these transactions we also use an intermediary payment processor. Funds are collected from users through a third-party operator, such as DotPay. Coinquista.com wallet balances are then updated with the amount deposited, expressed on the platform in the digital currency PLX (stablecoin convertible to PLN 1:1). PLX's, in turn, are also secured in BitGo cold storage. It is worth mentioning that both of them are supervised by state authorities. PLX, or digital currency Question: One of the more interesting Coinquista features implemented so far seems to be PLX. Can you say something more about this solution? Answer: This is the digital equivalent of the Polish Zloty, which can be used for trading exclusively within our platform. Its value is fixed and it is 1 PLN to 1 PLX. You can exchange it for any other cryptocurrency on Coinquista.com, such as Bitcoin or Ethereum. On the other hand, for PLX withdrawal, you need to enter your bank account number and recipient details, then confirm with 2FA your transaction and you're done. Transactions are processed expressly, e.g. using BLIK. This is not only convenient but also very secure, as I highlighted in the previous question. Digitizing more FIATs Question: we have heard that in addition to PLX, EUX and USX are also to come? Answer: Correct, we are in the final stages of implementing more pairs, i.e. EUX/BTC or USX/BTC. This will make trading available on Coinqiuista.com also for people who use currencies such as the Euro or US Dollar. By doing so, we will increase the overall market depth and daily turnover, which will allow for more liquidity to execute trades at attractive rates. A team of industry experts Question: What do you value most about the Coinquista team? Answer: First of all, I believe in the team, because no one is in it by accident. Everyone is in their place, doing what they like and what they specialize in. Each of the team has major or minor achievements, which you will soon see for yourself through our media channels. At this point I can say that I personally supervised the recruitment process to make sure that each member of Coinquista's team is professional, motivated and honest. It is also worth noting that our team includes every user of the platform, as they have a real impact on changes, amendments or selection of new assets to trade on the exchange. In the era of digitization and rapid advancement of technology, we remain open to voices outside the strict team. By this I want to say that our thirteenth and every subsequent player, are members of the Coinquista community! Polish jurisdiction, international plans Question: Many entrepreneurs explain that Poland is a difficult market to build a successful business. Nevertheless, you decided to open an exchange in Poland - where did this decision come from? Answer: I would be tempted to say that Poland chose us 🙂 Yes, the Polish market is not one of the easiest, but it is our country and we want to give our compatriots access to the most advanced solutions for asset exchange based on blockchain technology that the world of new technologies offers. Countries such as Malta, Estonia, Switzerland or Singapore are currently the most popular destinations for companies whose business model is based on blockchain trading. We, however, decided to stay in Poland, mainly to provide Poles with access to Polish zloty in pairs with cryptocurrencies. As I mentioned above, we are not limiting our activities only to our beautiful country. We are starting to "conquer" Europe next month - about what we will tell them
No comments:
Post a Comment