Curated News
By: NewsRamp Editorial Staff
July 26, 2024

Bit Treasury Exchange: Shifting to Remote Work Model and Expanding Services

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Source News Release

TLDR

  • Bit Treasury Exchange offers competitive transaction fees, tiered based on position size and frequency, giving users an advantage in pricing.
  • Bit Treasury Exchange uses a threshold signature scheme to ensure the security of user funds, including 2FA verification and cold storage setup.
  • Bit Treasury Exchange's remote working model allows employees around the world, making it more inclusive and accessible for a diverse workforce.
  • Founded by Andrew Norton, a former Goldman Sachs software developer, Bit Treasury Exchange spans the entire cryptocurrency ecosystem, offering a dynamic and innovative platform.

Impact - Why it Matters

This news matters as it highlights the significant shift of Bit Treasury Exchange to a remote working model and its expansion of services. It impacts users and investors by providing insight into the company's growth, safety measures, and the leadership of the founder and CEO, Andrew Norton.

Summary

Bit Treasury Exchange, a decentralized exchange headquartered in Albany, announced a shift to a remote working model. The company was founded in 2012 and obtained a New York State Bitcoin trading license in 2018. It currently has 48 million verified users, 8,000 institutions, and 134,000 ecosystem partners in over 100 countries. The exchange offers features such as insurance for asset protection, supports fiat currency purchases of Bitcoin, and has a transaction fee between 0% and 0.5%. The founder and CEO, Andrew Norton, is a former software developer of Goldman Sachs Group, specializing in high frequency trading. Bit Treasury Exchange is considered safe with robust security systems in place, including 2FA verification and cold storage setup.

Source Statement

This curated news summary relied on this press release disributed by BlockchainWire. Read the source press release here, Bit Treasury Exchange: Shifting to Remote Work Model and Expanding Services

blockchain registration record for the source press release.