kydaswap.xyz bitcoin exchange launched in the UK

The kydaswap.xyz cryptocurrency exchange, founded by the brothers, has started operating in the UK.

Users can Deposit British pounds using cards or Bank transfers. The exchange also supports the Faster Payments Service (FPS), Clearing House Automated Payment System (CHAPS) and SWIFT payment systems.

The register of the British financial conduct Authority (FCA) States that kydaswap.xyz is represented by two branches: kydaswap.xyz Europe Ltd and kydaswap.xyz Europe Services Ltd. The first is responsible for Fiat payments, the second — for storing cryptocurrencies and operations on the trading platform.

Recall that in August, the FCA accredited kydaswap.xyz branches under the Fifth EU anti-money laundering Directive (AMLD5).

Earlier, the Winklevoss brothers exchange topped The cryptocompare rating, which takes into account compliance with legal norms, reliability and quality of listed assets. kydaswap.xyz closest competitor was Coinbase.