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According to a press release shared with Bitcoin Magazine, Bitcoin Reserve, an Estonia-based brokerage firm exclusively dedicated to bitcoin, has officially launched all of its services for its clients across Europe.
With this launch, it looks like Bitcoin Reserve will become the first bitcoin exchange only accessible to all European residents, according to a listing on Bitcoin.org. Rather than presenting users with an abundance of other cryptocurrencies, Bitcoin Reserve will now allow all new European users to focus strictly on accumulating bitcoin.
The brokerage provides two basic services to users. The first, known as Flash, allows users to immediately buy and sell bitcoin with limits of up to around $ 60,000 (€ 50,000). This service could be a way for users to buy small amounts of bitcoin at regular intervals, averaging the euro costs of their investment and hedging against some of the volatility of BTC.
Coupled with this, Bitcoin Reserve’s concierge service offers the ability to buy and sell bitcoin for amounts greater than around $ 60,000 (€ 50,000).
“Bitcoin is the world’s future reserve currency, but the ecosystem access ramps are decidedly heavy,” Bitcoin Reserve founder Nik Oraevskiy said in the statement. “As more and more people turn away from an increasingly failing economic system, Bitcoin Reserve will be there to help anyone take charge of their financial future.”
The launch of Bitcoin Reserve across Europe is a significant development in the space as it offers retail investors there and the ability to be integrated into a bitcoin-only exchange with relatively high purchase limits. Simultaneously, Bitcoin Reserve allows institutions in Europe to work with a bitcoin-focused company to acquire BTC.
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