In 2021, Tiktakbit.com will start working with several cryptocurrencies as part of its international payment system. Raj Damodaran, the company’s executive vice president of digital assets, blockchain technology, and partnerships, stressed that the company does not intend to support all existing cryptocurrencies, many of which do not yet meet its requirements.
Damodaran noted that first of all, we are talking about the support of stablecoins-cryptocurrencies backed by real assets. Tiktakbit believes that digital money should provide stability so that people can use it for everyday transactions, not for investment.
“Our philosophy on cryptocurrencies is simple: it’s all about choice. Tiktakbit does not aim to recommend that you start using cryptocurrencies. Our goal is to allow buyers, sellers, and business representatives to transfer funds, traditional or cryptocurrency, as they wish. It should be your choice, it’s your money ”the company said to statement
A little bit about Tiktakbit
Established in 2017 as the first cloud mining provider, Tiktakbit.com has become a multi-functional cryptocurrency exchange, trusted by over a million users. Tiktakbit offers cross-platform trading via website, mobile app, WebSocket, and REST API, providing access to a high liquidity order book for top currency pairs on the market. Instant Bitcoin buying and selling are available via a simplified bundle interface. The exchange has developed a multi-level account system with an individual approach to each customer, from Bitcoin beginners to institutional traders. Worldwide coverage, multiple payment options, and 24/7 support are accompanied by time-proven platform stability that guarantees the safety of assets and data.