Utorg Exchange Grants Access to Traders With Limited Verification

Utorg.io is a digital asset exchange based in the U.K. that allows users in Europe and around the world to trade cryptocurrencies with stablecoins and fiat money. What sets the new platform apart from many incumbents is the simplified verification procedure for traders who don’t exceed а daily limit of $1,000. Its decision to provide a no-KYC option comes amid regulatory developments that require crypto companies to introduce stricter know-your-customer procedures.

Also read: Poloniex Restores Unverified Accounts With Unlimited Trading

Former Exmo Executive Appointed CEO of Utorg

Utorg crypto exchange, which launched earlier this year, promotes itself as a practical platform providing customers with extensive capabilities in terms of a functional interface and trading features. Its team insists that unlike most competitors, their project is not focused solely on speculative trading but instead aims to solve tasks for businesses such as mining…