On Monday it will be possible to buy Bitcoin's from Denmark's first online Bitcoin exchange, Crypto Coins Exchange Denmark Aps announced Monday. They will be the first regulated Bitcoin exchange site to operate in Denmark and will have to follow all the Danish financial to be able to operate in the small country.
While the exchange site is primarily targeted at Danes and other Scandinavians, the site will be open to customers from all over the world. The site will accept Danish, Swedish and Norwegian Crowns, US Dollars, British Pounds and Euro's in exchange for Bitcoins and vice versa. Accordingly with the Danish financial rules, all funds will be segregated from operational costs and Bitcoins must be stored safely.
Safety is a point that is more important than ever with Bitcoins, as several smaller and larger Bitcoin and cryptocurrency exchange sites has been hacked and had funds and coins stolen worth millions. Crypto Coins Denmark explained that they have taken the necessary security measurements in order to ensure that everything is completely safe.
"The biggest selling point for our customers is that we will be under Danish regulations and completely transparent," Ronny Boesing, Managing Director of Crypto Coins Exchange Denmark Aps said to the press.
Most of the world's leading banks continues to remain skeptical in regards to Bitcoins and cryptocurrencies in general and it is impossible to open bank accounts anywhere, where you deposit and withdraw Bitcoins. Furthermore most central banks have warned about the potential risks of the Bitcoin, but people are still attracted towards the coin. Why? Because it provides something that the world has yet to integrate - A cheap, fast and reliable way of transferring funds and paying.