BitBay is the largest cryptocurrency exchange in Poland. And the cryptocurrency exchange now offers FX Products.
BitBay allows traders to exchange EUR, PLN, and USD funds to another Fiat currency. The cryptocurrency exchange made this announcement on Monday that it has introduced a FIAT Currency Exchange feature to its platform.
Fiat currency is a legal tender backed by the government that issued it. Currencies such as the US Dollar, the Euro, and the British pound are fiat currencies, along with many other world currencies.
The new service is provided to traders on BitBay by Igoria Trade SA, a provider of advisory, consulting, and payment processing services.
According to a statement released by the broker, the Fiat currency exchange is only available to verified users. The minimum exchange value is PLN 25, 10 euro, and $10.