As cryptocurrency gains more and more mainstream attention, companies like Bits of Gold are paving the way for its integration into traditional finance. This startup showcase will delve into what makes Bits of Gold unique and how it has become Israel’s leading online broker for Bitcoin and Ethereum.
The Crypto Boom in Israel
Cryptocurrencies are changing the world of finance, and Israel is at the forefront of this revolution. With a thriving tech industry and a population that’s no stranger to financial innovation, it’s no surprise that Israel has become a hotbed for cryptocurrency startups. Among them is Bits of Gold, a company that’s quickly gaining recognition as the largest online broker of Bitcoin and Ethereum in Israel.
The Bits of Gold Difference: Simplifying Cryptocurrency Trading
One of the biggest challenges for newcomers to the world of cryptocurrency is navigating the complex processes of buying and selling digital assets. Bits of Gold makes this process simple by offering buying and selling services for Bitcoin and Ethereum in exchange for ILS, USD, and EUR via bank transfers, cash, and credit cards. Its user-friendly interface and simple transaction process have helped the company build a pool of more than 50,000 registered customers, with an increase of 250% in 2017 alone.
High-Volume Brokerage Desk for Over-the-Counter Transactions
Bits of Gold operates a high-volume brokerage desk for over-the-counter transactions (OTC), providing liquidity for digital assets of ICOs, private investors, and investment houses. This service enables clients to quickly and easily liquidate their digital assets, freeing up capital for further investment or use in traditional finance. The OTC service also allows for large-scale transactions without affecting the market price of the asset being traded.
SaaS Products and Payments Solutions for Businesses
In addition to its brokerage services, Bits of Gold develops financial SaaS products and payments solutions for businesses. Its suite of products includes payment processing for Bitcoin and Ethereum, as well as a digital wallet for storing and managing cryptocurrencies. These products provide businesses with an easy way to incorporate cryptocurrency into their operations and tap into the benefits of decentralized finance.
The Future of Crypto in Israel
Bits of Gold is leading the way for cryptocurrency integration into traditional finance in Israel. Its user-friendly interface, high-volume brokerage desk, and suite of financial SaaS products are just a few of the ways it’s making it easier for businesses and individuals to enter the world of cryptocurrency. As Israel continues to embrace the potential of decentralized finance, companies like Bits of Gold will play a crucial role in its growth and success.