Blockchain Month-to-month Replace: August


Whereas it could have appeared like a quiet month from the surface wanting in, our staff was buzzing with anticipation, pleasure, and a headstrong willpower to get the crypto change of our goals over the end line and into customers' fingers. This is a quick look again at July, and preview of what is forward:

ICYMI – A Lightning Quick Alternate: The PIT

Empowering customers to take management of their monetary futures has at all times been core to our mission. On July 30th, we launched The PIT, the quickest crypto change on the planet. With that launch our motto of Be Your Personal Financial institution expanded to incorporate much more.

After a yr of planning, engineering, and a tenacious drive to do what nobody else had accomplished earlier than, we delivered to market a crypto change with peerless reliability, world-class infrastructure, and institutional liquidity.

Function of the Month – Blockchain Join

Lack of reliability for fiat on and off ramps is a persistent problem for crypto and it isn’t going away quickly. However we like a problem. We’ve developed an intensive world banking community throughout the EU, UK, and US to make sure customers can simply and securely fund their buying and selling accounts with fiat.

There are few exchanges on the planet with these capabilities and even fewer, if any, that maintain themselves to the core precept of cryptocurrencies: Monetary sovereignty.

A elementary a part of launching The PIT was empowering customers to maximise management of their personal keys, as we’ve at all times accomplished with our non-custodial Pockets and merchandise. To make sure and encourage customers can achieve this, we developed a seamless connection perform to hyperlink Blockchain Wallets with buying and selling accounts on The PIT.

With Blockchain Join, customers can seamlessly and swiftly switch funds between their buying and selling account and Pockets – all with the clicking of a button. No copy and pasting addresses. No typos.

We’re thrilled to be bringing this change to you all, however our religious perception that non-custodial companies would be the way forward for finance has by no means, and can by no means take a backseat.

Enter The PIT when the market is scorching. Sweep again funds to your Pockets once you’re completed.

Get in. Money out.

Buying and selling is now open. So if you happen to haven’t already, create your PIT account by going to pit.blockchain.com. For all issues crypto and to maintain up-to-date on all PIT associated releases, information, insights and promotions, comply with us on Twitter @BlockchainPIT.

Blockchain within the Cryptosphere

Within the information:

  • Fortune – Peter Smith, CEO right here at Blockchain, spoke with Jeff Roberts about launching the quickest crypto change on the planet: The PIT.
  • Bloomberg – Matthew Leising lined The PIT launch with each Peter and our beforehand unannounced Head of Buying and selling Merchandise, Nicole Sherrod.
  • TechCrunch – Extra from The PIT launch, Romain Dillet breaks down key options in TechCrunch article.
  • CNBC – Nicole drives house the significance of The PIT’s lightning-fast velocity throughout unstable markets in a dialog with Ryan Browne
  • Reuters – Peter and Nicole in motion once more talking with Gertrude Chavez-Dreyfuss on why The PIT is unmatched in velocity and reliability.
  • Yahoo! Finance TV – Nicole is again within the highlight, this time stay with Daniel Roberts discussing the launch of The PIT, what separates it from the remainder of the pack, and issues we hope to unravel with an change of this magnitude.
  • Cheddar –  Kristen Scholer and Tim Stenovec interview Nicole stay on the New York Inventory Alternate speaking The PIT, challenges for retail buyers in crypto, and what lies forward for the change.



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