European based cryptocurrency exchange Bitstamp has announced that its clients can now use its new EUR/USD trading pair. This new trading pair gives users better mobility of funds and new arbitrage opportunities. Trading will begin on May 31st at 11:00 UTC with a flat 0.2% fee and featuring a cash exchange.
The recent recipient of a Payment Institution License in Luxembourg, Bitstamp is a licensed currency exchange. In the approaching months it will continue to add more fiat-to-fiat and digital currency-to-fiat trading pairs in order to cater to different client’s needs.
Earlier this year Bitstamp also gave the option for its European Union clients to use physical gold delivery as withdrawal option.