Xult Exchange (EXCC) Chooses BitGo To Be Provider For Hot Wallet Crypto Storage
BitGo Will Be Provider For Hot Wallets
Xult Exchange recently announced that it has taken steps forward to its launch. The company signed an agreement with BitGo, a cryptocurrency financial service for institutions that works to provide clients with compliance, security, and custodial solutions.
The company’s CEO stated,
“We’re intensively working to deliver the Xult exchange on time. Our collaboration with BitGo is another big step, which will bring us closer to achieving success.”
The company’s decision to collaborate with BitGo was borne from its success as a leader in the area and its ability to resolve custodial and maintenance problems and to provide long-term solutions. Wikot Glowacki, EXCC CEO stated,
“There are many wallet providers competing in the crypto market nowadays. The BitGo wallet are intuitive and easy to use, focused on user experience, and offer a large number of supported coins which is integral with the EXCC philosophy to build exchange products.”
BitGo’s VP of Sales Josh Schwartz added,
“We’re happy to welcome the Xult team. This collaboration is in line with our long-term strategy of cooperation with rising cryptocurrency exchanges, whose priorities are building a scalable and stable platform for investor funds.”
Xult is poised to become a new exchange and it will connect to decentralized exchange Xchange.me. Further, the platform will be a member of ExchangeCoin’s (EXCC) team. Twenty coins will first appear on the Xult exchange and users can expect an availability of a wide-range of coins as well.