Complex sentence: It has begun operations in Canada and U.K. Primary competitors include Coinbase, Bitstamp and Kraken; all enable users to trade cryptocurrencies and fiat currency on an open market, at a moderate cost; transfers to banks are also possible.
Split into simpler sentences: It has begun operations in Canada and U.K. Primary competitors include Coinbase, Bitstamp and Kraken. All enable users to trade cryptocurrency and fiat currency on an open market, at a moderate cost; transfers to banks are also possible.