BitLine Partners with Definity Markets for Transaction Security
BitLine and Definity Markets Join Forces
Miami, Florida - Definity Markets, an independent platform for professional digital asset traders, has become the official transaction guarantor for BitLine, a leader in integrating digital assets into gaming. This collaboration signifies a key advancement in ensuring secure transactions within the gaming sector.
Significance of the Partnership
This partnership is designed to enhance the security of transactions on BitLine’s platform. By employing Definity Market’s advanced Liquidity Engine, BitLine will monitor and serve as a guarantor for the total transaction value of its users. This real-time monitoring through APIs guarantees that casino venues accommodate the transaction values effectively.
CEO Insights
Richard Jones, CEO of BitLine, emphasized the importance of this collaboration. He stated that their mission to transform the gaming landscape with digital asset transactions hinges on prioritizing customer safety. The partnership with Definity Markets is crucial for ensuring transaction security, allowing users to make purchases with complete confidence.
BitLine's Unique Offering
BitLine differentiates itself by providing cryptocurrency owners direct access to up to US$10 million in casino chips, offering 24/7 access to liquidity at various gaming locations worldwide. With the integration of Definity Markets, BitLine enhances its service offerings, promoting secure and swift transactions that empower users to utilize their digital assets seamlessly for gaming.
About BitLine
BitLine stands out as the sole provider facilitating access to casino chips using cryptocurrency within physical casino settings. By enabling quick access to cryptocurrency and digital asset liquidity, BitLine allows users to avoid triggering taxable events while enjoying their gaming experiences. This platform can be utilized across casinos globally.
About Definity Markets
Definity Markets is the industry standard for digital assets trading and fiat currency transactions. Built on robust technology, Definity grants leading financial institutions worldwide unparalleled access to the digital assets market, enabling portfolio diversification. The platform fosters network connections, allowing participants to conduct fiat FX trades linked with digital assets smoothly. With a framework that integrates AML/KYC compliance, Definity allows clients to transact with liquidity across all major digital assets.
Frequently Asked Questions
What does the partnership between BitLine and Definity Markets mean?
This partnership enhances transaction security and trust for BitLine’s users, ensuring secure access to digital assets in gaming.
How does Definity Markets improve BitLine's services?
Definity Markets’ Liquidity Engine serves as a guarantor for transactions, securing the total transaction values for BitLine users in real-time.
What unique services does BitLine offer?
BitLine provides cryptocurrency holders access to casino chips without taxable repercussions, facilitating liquidity in casinos worldwide.
Why is customer safety a priority for BitLine?
BitLine aims to reshape the gaming industry, and ensuring transaction safety fosters trust among users, enhancing their overall experience.
What type of clients does Definity Markets cater to?
Definity Markets serves global financial institutions, providing them access to diversify portfolios through digital assets trading.
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