How Vertbase Works
One difference in the Vertbase platform in contrast with similar competitors is our non-custodial solution. This means we do not hold customer’s fiat or digital currencies in our possession. During the order process input their preferred addresses and save them against the associated coins they wish to purchase.
When a buy order is placed, are quoted instantly with a purchase price. Once the order is confirmed, the quoted price is locked in. The customer then authorizes the transfer of fiat funds to Vertbase. When funds are received, the ordered assets are automatically sent to the private address provided by the customer.
Initial Supported Countries
Purchasing digital currencies with the Euro and British pound will be available on the Vertbase platform per May 1st. At launch, will be available in the following countries and some of the selected banks below.
United Kingdom
- AIB Group
- Bank of Ireland
- Barclays Bank Plc
- HSBC Group
- Lloyds Banking Group Plc
- Nationwide Building Society
- Danske Bank
- The Royal Bank of Scotland Group Plc
- Santander UK Plc (in Great Brittain and Northern Ireland)
- Monzo
- Starling
- Tandem
- Think Money group
Germany
- Nearly all German banks are supported at launch (~3,155)
Slovenia
Initially, the services will be available for the countries listed and will be expanded to the remaining European Union countries and banks over the coming period. Due to the open-banking rollout in Europe being delayed.
In addition to the European countries mentioned above, Vertbase is available to all U.S. residents with the exemption of those living in the following states, AK, CT, HI, ME, NC, NH, NM, NY, RI, VT, and WA.
Community Focused
We believe at the nucleus of every digital currency is its community, and vital to the assets overall success. Communities have been forgotten by the industry and we are committed to cultivating the digital currencies we support. The digital currencies and assets we list are built on strong communities, and every time a trade is made, the coin’s community will earn alongside us.
Please reach out to us to support@vertbase.com for any questions or remarks, we are always happy to connect.
Published at Wed, 24 Apr 2019 17:06:10 +0000
