We’ve been involved in the cryptocurrency ecosystem for several years already. We first got involved as facilitators of peer to peer currencies exchanges on direct exchange services such as LocalBitcoins. As the general audience interest for digital currencies developed, we saw a rising opportunity for a new kind of exchange.
What is Savitar?
We are based in Paris, France, and in full compliance with the European and French legal frameworks to ensure a safe and continued service.
Built by decentralization enthusiasts, Savitar develops a novel and responsible approach to trading. Fees are kept to a minimum, the coin listing process is transparent, and the community is involved in the exchange development.
We set out to build a user-friendly exchange that will be transparent, involving its community in its development and the major decisions such as coin listings. We want to make cryptocurrencies accessible, intuitive and available to all. We believe this global technology represents the future of the current financial system.
Cryptocurrencies are the foundations of a more equitable and transparent economy in which financial services, the cornerstone of innovation, are accessible to everyone, without restriction. Our mission is to democratize access to cryptocurrencies, allowing anyone, with or without technical knowledge, to get started conveniently.
We are fighting for a fairer financial system where people can choose to emancipate themselves from traditional institutions.
Savitar is the Hindu deity conceived of as the vivifying influence of the sun who acts as a protector of all beings.
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Legal compliance and responsibility
We are based in Paris, France, and in full compliance with the European and French legal frameworks to ensure a safe and continued service. The AMF (Autorité des Marchés Financiers – the French financial markets regulator) is stepping up and closely monitoring the evolution of the cryptocurrency markets. They are drafting a visa offering better protection for investors while allowing the development of innovative projects in France. Exchanges, as well as platforms offering crypto-derivative products, are also monitored.
We will work hand in hand with financial authorities, especially with the AMF to develop a sustainable and longstanding cryptocurrency exchange and fiat-to-cryptos gateway. We are following the due process to respect the current and future legal frameworks regulating cryptocurrency exchanges.