19 Sep '13, 1pm

In Bitcoin We Trust: UK Based Platform to Launch

In Bitcoin We Trust, a virtual currency exchange, is set to launch soon. In Bitcoin We Trust (IBWT) will initially be working with Bitcoin, potentially expanding to encompass Litecoin and other viable digital currencies as time goes on. This UK based exchange will accept GBP to date and plans on expanding to accept euros. As one of the first UK exchanges, IBWT will plan on taking a wait and see approach to how the US market develops before getting involved in USD. Currently IBWT has capped customer account and withdrawal/deposit limits at £1,000. After some time the IBWT team plans to expand customer account limits. While currently having one tier of customers, IBWT hopes to expand tiers to allow for higher value deposits and withdrawals. While gradually increasing customer account and withdrawal limits, IBWT plans to strategically grow as one of the first British cryptocu...

Full article: http://bitcoinmagazine.com/7041/in-bitcoin-we-trust-uk-ba...

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