The uniqueness of the new cryptoexchange is that it is available at once 4 traditional currencies, including the Russian ruble, as well as a number of major crypto-currencies.The national bank of the country stated about the legal nature of the operation of this system, which allows performing operations on its basis. Officials explained that there is no centralized control system for crypto-currency transactions in Moldova, which means that exchanges do not need to obtain licenses. However, when traditional financial instruments are used, information about cash flows is required.The Drachmae Market operates on the basis of the system presented by Agura startup Sharon Greenburg. He also actively participated in the foundation conference of the exchange. It is necessary to provide passport data and account details for registration. In addition, the account membership is checked.The opening of the exchange can play a huge role for Russian kriptomarket. After identification of the user, the necessary requisites for crediting rubles appear. However, in currency pairs, as a rule, the bargaining is in more familiar euros and dollars. Rubles can be paid only for internal exchange tokens, which already allow you to buy any crypto currency.An interesting feature of the new system can be the built-in ability to deal with local currency exchange in your country with your own commission and guarantee deposit. It opens the exchange for all states. A potentially new Moldovan exchange may become super popular among Russian users due to the expected adoption of a crypto-currency legislation in the Russian Federation, which, in the opinion of many experts, may be disastrous for the development of the industry.
First ruble crypto-exchange appeared in Moldova
The Drachmae Market was presented on May 11 at the World Blockchain and Cryptocurrency Summit Chisinau.
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