FiatGate has announced the launch of its new 'Exchange as a Service' (EaaS) solution, simplifying the process for entrepreneurs worldwide to launch their own cryptocurrency exchanges.
Benefits of the New Solution
FiatGate's new offering allows clients to set up their own cryptocurrency exchanges significantly faster and at reduced costs. The company claims that by not requiring a full platform license purchase, setup costs are reduced by nearly 50%, greatly easing entry into the crypto exchange market.
Features of the FiatGate Platform
A key advantage of the FiatGate platform is its non-custodial structure, which negates the need for a financial services license to operate. Fully licensed on/off-ramp providers included within the platform support major payment networks like SWIFT, SEPA, and others.
Management Statement and Prospects
Blockchain Reaction's CEO Mikael Magnusson highlighted that the new solution removes significant financial and technical barriers, allowing more businesses to enter the crypto space. He said, “Now, launching a compliant, fully functional crypto exchange is faster, easier, and more cost-effective than ever before.”
FiatGate's EaaS release opens new opportunities in the crypto sphere, streamlining exchange creation and reducing launch costs.
