The Bakke Bitcoin Exchange: What You need to know!

The Bakke Bitcoin Exchange: What You need to know!

There is a real nice video on the Bakke Exchange today from @heiditravels, I suggest you check it out at the link below.

There was also a very good article in the internet newspaper called “the newspaper”.

It appears the the Bakke Bitcoin Exchange has three really big and very significant backers: Starbucks, Microsoft and Intercontinental Exchanges, a group which owns over 20 stock exchanges around the world, including the New York Stock Exchange, the largest in the world.

This exchange will focus on trading actual digital assets, i.e. Bitcoin, not derivatives and will provide custody services for its clients.

This incredible reputations of this exchanges backers and the security people will feel allowing this exchange to hold their cryptocurrency may be a big push towards mass adoption, which could bring cryptocurrency to the masses.

From this article:https://www.thenewpaper.io/2019/03/the-bitcoin-bakkt-exchange-platform-whats-so-special-about-it/

”It turns out, for example, that the group of corporations behind the upcoming Bakkt exchange, including Starbucks, Microsoft, and ICE, among others, has been working on this for a couple years now, even before crypto markets were really moving and gaining momentum into the incredible bull run of 2017.”<

”What’s important to note about Bakkt is the fact that this exchange will allow for the trading of actual digital assets, beginning at least, with Bitcoin — not shares or derivatives or certificates of digital assets — but the trading of genuine digital assets in secured custody of the exchange.”<

”A selling point for Bakkt to regulators is partly the track record of ICE and its long, successful operation of a number of exchanges, most prominently, the New York Stock Exchange, being the largest stock exchange in the world. Additionally, security and trust provided to institutional investors, who have up until now been hesitant to dip their toes into the waters of crypto, might finally be the gentle push needed to get larger scale investment in Bitcoin going.”<

The video by @heiditravels can be found here:

I like her videos, she is usually traveling to interesting places usually and her cryptocurrency videos explain topics well and she keeps up with the latest significant cryptocurrency news.

@shortsegments