Launching into European countries is the next step in the Gravity roadmap
Bitstocks is excited to announce that it has extended the reach of its Bitcoin banking ecosystem, Gravity, with a launch into most European countries.
Update - 15 November 2020
Gravity has ended support for Bitcoin Cash (BCH) due to a hard-fork of the chain and subsequent security concerns. Gravity continues support for Bitcoin Satoshi Vision (BSV) and Bitcoin Core (BTC).
Gravity launched in beta to pre-registered UK residents in August 2019, before opening to all UK residents at the end of February 2020. From April 2020, it will be open to all EU residents (except for Germany, due to regulatory restrictions).
Gravity enables the everyday user to buy and sell Bitcoin, with a direct pairing of GBP to Bitcoin Satoshi Vision (BSV), Bitcoin Core (BTC) and Bitcoin Cash (BCH). The European launch sees this expand to provide a EURO pairing too.
Gravity has a quick and easy onboarding process due to advanced, automated checks and similarly to everyday financial services, has integrated with the faster payment system, allowing money in and out of the platform within minutes. The other benefits of the platform include Gravity’s Introducers Programme. The referral system enables a 20% earning of referrals’ transaction fees, paid out in BSV daily directly into the user’s Gravity account.
Of the launch into Europe, Michael Hudson, Founder and CEO of Bitstocks, said, “Branching into Europe is incredibly exciting for all at the firm. This significant step represents the second stage of our aspirations to be able to offer easy, accessible everyday financial services, backed by the power and scale of Bitcoin Satoshi Vision, to a global collective.”
For those concerned about safety, the company is legally and regulatory compliant to all FCA standards. Bitstocks offers cold storage for assets as standard - the highest grade of security available - and there have been no breaches of their systems in their six years of operation.