Instant Settlement Network Launched For Crypto-Fiat Traders


A financial institution based out of Nevada has recently launched a real-time settlement network for asset transfers among its clients.

With this new service offering Prime Trust will be competing with crypto friendly U.S. Banks who offers similar services such as Silvergate and Signature.

Dubbed as PrimeX, the platform enables Prime Trust clients to immediately access funds when they trade cryptocurrency or fiat with each other, 24/7, with no limit on transfer amounts and will not carry any transaction charge.

According to the company, despite its small size their network is already being used by industry leading exchanges, OTC desks, market maker, stablecoins and traders.

Chief Product Officer at Prime Trust stated that the Prime Exchange Network is the world’s first platform to offer 24/7 settlement of multiple fiat currencies and digital assets in a qualified custodian environment.



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: http://cryptowarrior.tech/wallet/instant-settlement-network-launched-for-crypto-fiat-traders/

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