- Dutch crypto exchange, Bitvavo has fully integrated Nano (NANO) into its operations
- Nano (NANO) holders can now buy Nano with Euros or sell their coins for fiat euros on Bitvavo
- Bitvavo exchange is reportedly regulated by Dutch authorities
Nano (NANO), a blockchain-based digital currency project that aims to provide users with a superfast, feeless and secure means of payment, has announced that users can now buy and sell NANO for euros on Bitvavo, a Netherlands-based regulated cryptocurrency exchange, according to a Reddit post on March 24, 2019.
NANO Gets New Fiat on Ramp
Per sources close to the matter, Dutch-based cryptocurrency exchange, Bitvavo now offers NANO holders crypto-to-fiat services.
In essence, users of the platform can easily buy or sell NANO for euros on the exchange in real-time.
According to the post, due to the laws governing crypto exchanges in the Netherlands, euro deposits cannot stay longer than five days on the platform, as such funds deposited must be used to purchase cryptos within that time frame.
The Bitvavo Advantage
Bitvavo also offers users very low transaction fees of 0.25 percent and a withdrawal fee of 0.00025 NANO.
Just like several other established cryptocurrency trading platforms and exchanges, Bitvavo has put in place proper know-your-customer (KYC) and anti-money-laundering (AML) measures. As such, new users are required to upload all necessary verification documents before using the platform.
A trader on Bitvavo must link their bank accounts with their Bitvavo account, and funds can only be sent or received via the bank account registered by the user.
Interestingly, Bitvavo also supports several payment methods, including iDeal (no charges), SEPA Overboeking (no cost), Bancontact (fee 1.5%) direct and Mybank (fee I.5%).
Nano (NANO) to the Moon
While the ongoing cryptocurrency market downturn has succeeded in chasing a considerable number of crypto-focused projects out of existence, Nano (NANO) has weathered the storm and remains dedicated to offering users the best crypto experience.
Earlier in December 2018, the team launched NanoVault, an open source wallet for secure storage of Nano.
As reported by Blockchain Reporter in February 2019, Nano unveiled the much anticipated Nano Node V18 a.k.a. Dolphin, which comes with new highly functional tools for developers and other exciting features.
At press time, Nano (NANO) is ranked 49th on the CoinMarketCap top 100 cryptos table. The price of Nano (NANO) sits at $0.96, with a market cap and 24-hour trading volume of $128.26 million and $2.27 million respectively.