Eastern Europe Sees More Fiat Options for Trading Crypto

The countries of Central and Eastern Europe, a diverse region sometimes referred to as the ‘Second World,’ are at different stages of their economic development and political integration with the EU or other supranational organizations. Having less established traditional sectors, looser regulations and weaker associations creates better conditions for new industries to develop there. Along with local crypto exchanges, global trading platforms have been turning their attention to Eastern Europe, catering to the needs of its population by introducing new options to buy and sell coins with local fiat currencies.

Also read: Utorg Exchange Grants Access to Traders With Limited Verification

Crypto Platforms Targeting Eastern European Traders

The crypto space in the region has been expanding in the last few years with more ICO projects originating from Moscow than Silicon Valley at one point during the token sale boom, with over 900 crypto companies