With Savitar , exchange your cryptos in Euros via a simple and intuitive interface. The promising French platform offers reliability and expertise to its users thanks to a complete range of services . Let's discover together the Savitar solution.
Savitar, what is it?
Savitar is a platform created in Paris in 2018 by two French people. Passionate and inspired by a promising future in the world of Blockchain and crypto-currencies, they set up an exchange platform with a simple to use and transparent interface . Their goal: to bring liquidity into the ecosystem via a simple and safe platform.
We believe that the purchase, possession and resale of digital currencies must be simplified in order to stimulate its development and make them more accessible and intuitive for everyone.Savitar makes it possible to buy Bitcoin, Litecoin, Ethereum and Bitcoin Cash, but also to sell them and exchange them for Euros. Certain advantage for a trading platform, which does not always offer the exchange in currency. This allows for a transaction facility for those wanting to invest for the first time, but also offers an asset for the more experienced who wish to withdraw their earnings easily in their national currency.
The promising start-up has a very specific objective: to make the adoption of cryptos on a large scale, thanks to a service that is easy to use, professional and complies with French and European law.
Savitar will be an essential link in the chain linking traditional banks to cryptocurrencies.To carry out their project, Savitar uses two tokens ( a cryptocurrency called SVT and a stablecoin EURS ) that can be used on the platform and facilitate the monetary transactions, which we will see a little further in detail.
[Usage] How Savitar works and features
Once registered on the platform and after a KYC (know your customer) check, it is possible to transfer your money and exchange it in cryptos, by credit card or by SEPA transfer.Fresh
With a non-existent deposit fee, a reduced withdrawal fee and a flat fee of € 0.99, and a transaction fee of up to 0.10%, Savitar offers a quality service. at a lower price, which clearly differs from other platforms such as Coinbase, Kraken ... It is even possible to reduce its transaction costs through SVT tokens that we will see below.security
One of Savitar's objectives is to offer a very secure service for the purpose of building a sustainable project, thanks to increased verification procedures, both when registering and when adding a new crypto -currency on the platform.Savitar is currently a centralized community exchange service to meet current legal frameworks. Based in France, the company follows French and European regulations, in collaboration with the AMF (Autorité des Marchés Financiers) to offer the most secure interface possible.
Community
In addition to a quick start, secure and cheap, Savitar wants to be transparent and listen to his community, engine for all future projects. Indeed, the community of Savitar is at the heart of the decisions especially during important choices like the addition of new crypto-currencies on the platform.
[Token] SavitarCoin (SVT) and EURS
Savitar is a complete service. For good reason, the platform has already set up a token, the SVT, and also uses its own stablecoin, the EURS. Thanks to this, the platform is able to offer many benefits related to its service.SVT: the cryptocurrency of Savitar
The goal of the SVT is to implement many features such as the additional reduction of transaction fees, up to -50%, which can be considered a loyalty reward, big advantage for the platform again encouraging its community .Based on Ethereum, the SVT token meets the ERC20 standard .
When opening an account and completing the identity verification procedure (KYC), you will receive 100 SVT (equivalent to approximately 15 €) that you can use during your various transactions. It is also possible to win other SavitarToken by accumulating transactions, as well as by referring friends. The affiliate program can recover 25 SVT when creating an account from a godchild.
The token is essential to the platform, 60% of SVT will be used for community development, and therefore distributed to users.
SVT will play a vital role in allowing our community to express their opinion in the decision to add new pairs. As Savitar develops, we will be able to offer new features to SVT owners.
EURS: the Savitar stablecoin
To simplify the cryptos exchange transactions to the euro, Safitar has chosen to use its own stablecoin: EURS. It facilitates the monitoring and management of taxation. Indeed, a stablecoin makes it possible to avoid the problems relating to the volatility of the price of the classic crypto-currencies. The EURS is also a guarantee of transparency. It can thus demonstrate that the issuing body (here Savitar) has in reserve a reference unit (in this case € 1) for each issued stablecoin (EURS).The aim of the EURS is also to lighten the tax declarations that oblige to declare gains in euros.
[Abstract] The Savitar
You will have understood in this article, Savitar offers significant advantages with its platform Made In France, here is a summary:- The exchange of crypto-currencies in fiduciary currencies
- Reduced and transparent fees
- Fewer costs thanks to SVT
- The Affiliate Affiliate Program
- The community aspect