Is 21bitcoin regulated?

BTCC's spot market allows users to buy and sell cryptocurrencies at current market prices. The futures market, on the other hand, enables users to place bets on future price movements, providing an additional layer of trading opportunities. The wallet service ensures that users' assets are protected from theft and unauthorized access.

21bitcoin operates under the regulation of the Financial market Authority (FMA) in Austria. It is recognized as a service provider for virtual currencies in accordance with § 32a Para. 1 of the FM-GwG. This regulation ensures that 21bitcoin adheres to strict guidelines and standards in its operations.

The focus of 21bitcoin is exclusively on bitcoin. This decision is rooted in the unique properties of bitcoin as a cryptocurrency. Bitcoin is widely recognized as the most established digital currency, with a long history and a strong community supporting it.

Security is another key reason for 21bitcoin's focus on bitcoin. Bitcoin's decentralized nature and robust blockchain technology make it a highly secure option for storing and transferring value. This security feature is crucial for gaining the trust of users and maintaining a stable platform.

BTCC is another top cryptocurrency exchange that offers a range of services. It provides users with access to spot and futures trading, allowing them to speculate on the price movements of various cryptocurrencies. Additionally, BTCC offers a wallet service for securely storing digital assets.