SATOS works together with Bybit.com for its services. As a SATOS customer, you have access to more than 300 cryptocurrencies through an account on Bybit.com.
Orders are fulfilled in seconds. Are you ordering for the first time? Then we have to verify your identity once, so your first order may take a little longer.
We developed SATOS with a ‘security-first’ mentality in mind. We gladly share the knowledge and expertise we have gained over the years with our customers.
Frequently asked questions
List of most asked questions on SATOS.
Where does the name ‘SATOS’ come from?
Our company name, SATOS, is derived from the pseudonym used to publish the Bitcoin white paper: Satoshi Nakamoto. We opted for this as our starting point because Satoshi Nakamoto describes our vision well. He argued that Bitcoin’s purpose is to help people manage their own assets and allow for autonomous transactions, without the need for third parties to get involved. This vision informs all of our operations at SATOS. We do not manage any user accounts, we do not hide any fees, and we do not offer on-site cryptocurrency wallets. This means that as a customer, you can use any wallet that you prefer. You will only have to provide us with its address, and we will transfer the cryptocurrencies to you. In other words: be your own bank! Now, even though we consider it vital for you to manage your assets, we gladly offer our assistance to help you with this. If you experience any difficulties creating a wallet, for example, feel free to get in touch with our support team by using live-support at the bottom of this page! They will answer any questions you may have.
What are cryptocurrencies?
Cryptocurrencies are digital currencies that represent a particular value, just like with regular currencies. They are based on blockchain technology. One of the main differences with ‘regular’ currencies is that the euros that appear on your bank account are essentially just a depiction of the bank’s digital administration. Cryptocurrencies stored in your cryptocurrency wallet are genuinely yours; no one else may lay claim to it. Cryptocurrencies derive their value from a game of supply and demand. This supply and demand mechanic is, in turn, driven by a wide range of factors. Self-evidently, it matters what the blockchain project (which issues cryptocurrencies) is envisaging or ultimately developing. The overall market sentiment also plays into the mix, just like with ordinary currencies. Are there, for instance, any significant ongoing developments concerning crypto legislation, or is there a blockchain project with a promising future? In such cases, you can expect this to influence the game of supply and demand and affect the value of the cryptocurrency.