We are excited to announce the securing of our second official banking relationship with Signature Bank (US). We’re excited about how this benefits our customers and how trust in digital currency exchanges have progressed. Although BTR only recently expanded from Eastern Europe in 2018, the acquisition of our second Bank partner will solidify our presence by offering additional currency pairings (USD, CAD, EUR, and many more) and trading options for our users.

Why is it Important?

Without suitable compliance and KYC/AML procedures, businesses in the digital currency space often face difficulty obtaining business banking.  Any mention of blockchain, crypto or bitcoin will usually result in your application declined from banks.

However, as one of Eastern Europes largest digital currency trading platforms, BTR Exchange is committed to providing the best customer service and that’s why we’ve worked hard to add another established bank provider to our operations.

Signature Bank (US)

Signature Bank® is a New York-based full-service commercial bank that provides top-notch support, products and resources. Their structure combines small-bank responsiveness with large-bank experience and capability – the best of both worlds. From the beginning, Signature Bank began competing against some of the nations largest megabanks by catering to a market niche – the underserved privately owned businesses, owners and senior managers. This has since become the foundation of Signatures Bank’s model and growth.

Net Income for Signature Bank 2019 First Quarter Was $144.1 Million , $2.65 Diluted Earnings Per Share

Davidson & Co. LLP

Immediately following this successful partnership is the start of our financial audit with Davidson & Co. LLP on both European and Canadian operations. We believe audits serve an absolutely essential role in our capital markets as they ensure transparent, informative and accurate financial reporting. Being transparent with our users and the completion of the audit ensures all BTR financial records are free from any material misstatements.

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Looking Forward

After launching only last year in August, BTR has already experienced tremendous growth. By providing European Liquidity within Canada BTR has on-boarded several large institutional clients and continues to focus on excellent customer service with fast settlement time. With an IPO on the horizon, the successful national partnership and audit completion put BTR well positioned to become one of the largest exchanges in the digital currency industry. Learn more: www.BTRexchange.com

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