The Rise of Knaken: An Alternative to LiteBit
The Demise of LiteBit
LiteBit, a popular cryptocurrency exchange based in Rotterdam has recently announced the closure of its platform due to difficult market conditions and intense competition. While it is undoubtedly a loss for the industry in the Netherlands, it has also opened new opportunities for other exchanges to fill the gap in the market. One of these platforms is Knaken, a Dutch crypto exchange that has been making a name for itself in the industry.
Knaken: A Trustworthy and Reliable Alternative
Knaken is a reputable and reliable crypto exchange platform based in Rotterdam. With an intuitive interface, strong customer service, and a wide range of cryptocurrencies available, Knaken has proven itself to be a reliable player in the Dutch crypto ecosystem. In fact, it has also made Rotterdam its home base and has collaborated with Feyenoord, a popular Dutch football team, as their official crypto partner.
Now that LiteBit has closed its doors, many former users will be looking for a reliable alternative. Knaken hopes to position itself as the go-to platform for these users and those looking for a new crypto exchange. Knaken has ambitious plans to expand its reach and become more than just a crypto exchange. Its CEO, Ronald Jonkers, has expressed the platform’s vision:
“At Knaken, we look beyond the current perception of cryptocurrencies. We are not just an exchange platform – we are developing into a daily use product, where paying, saving and investing come together. We are the bridge between the digital currencies of tomorrow and the financial needs of today, with every transaction a step into the future of finance.”
Knaken is Ready to Grow
Knaken Settle: A Unique Payment Method
One of the features with which Knaken promises to become more than just a crypto exchange is Knaken Settle. It offers a unique variation on the popular Dutch payment method, Tikkie. With Knaken Settle, you can receive payment in cryptocurrency for your payment requests, just like you would with Tikkie in Euros. Knaken Settle allows you to choose from a large number of different payment methods and even pay at your favorite webshops and stores. This feature has gained traction and is an approved payment method at Buckaroo.
With Knaken Settle, you don’t need to have your friends sign up for an account with Knaken. This is an innovative approach that makes it easy for crypto users to transact with the older “conventional” banking infrastructure. Knaken is hoping that by offering this feature, it can attract those who are looking for a more convenient way to manage their crypto assets.
The closure of LiteBit has opened doors for other Dutch crypto exchanges to enter the limelight. Knaken is one such exchange that has already established itself as a reliable and trustworthy platform. With its ambitious plans for growth and innovative features like Knaken Settle, it is well-positioned to become more than just an exchange platform, but rather a product for daily use.
If you are looking for a reliable, regulated, and user-friendly crypto platform from Dutch soil, consider Knaken. As a limited-time offer, everyone who registers with Knaken will receive a gift of 10 euros after completing their first Settle payment.