Are you looking for a cryptocurrency exchange? With the number of cybercrimes in the crypto industry, everyone’s priority has shifted to finding a reliable and trustworthy exchange that also provides all the necessary services. Does one exist? While there are some reputable exchanges out there, not all of them may be a good fit for you. Some have high trading fee while others may not offer the assets you are interested in. There are also exchanges that are not regulated. If you are looking for an exchange that can offer you the best of everything, Currency.com should be your go-to option.
It is the first regulated tokenized securities exchange in the world, which is located in Minsk, Belarus and was founded in 2019. It enables traders to buy and sell more than 1300 tokenized securities, which include classic cryptocurrencies like Bitcoin, Litecoin and Ethereum, along with top tokenized commodities, indices, stocks and even government bonds. Currency.com’s novel platform has been tailored crypto investors who wish to use their crypto holdings directly for trading in global financial markets. The best thing about the exchange is that they are planning on expanding their list of supported tokenized securities and plan to offer more than 10,000 options in the future.
Important Features of Currency.com
This award-winning tokenized securities exchange has been designed for simple and fast trading. The most important aspect of its offering is that it allows you to trade in traditional financial markets without having to exchange your crypto funds into fiat currencies. It also allows you to make direct deposits via your bank account. It also has some other notable features like the option of trading more than 1300 tokenized securities and it even enables traders to purchase Bitcoin, Litecoin and Ethereum with a credit card. Currency.com doesn’t just support bank payments; it also supports card payments, including both Visa and MasterCard, which makes it easy for everyone to join the digital economy. Want to learn more about Currency.com features? Click here.
It should also be noted that Currency.com is a trustworthy and secure platform, which is regulated by three international institutions. A major accounting firm also performs its audit and it uses the highest level of security standards. With this cryptocurrency exchange, people also have the opportunity of trading on the go and it is available for both Android and iOS devices. The exchange also provides its clients the opportunity of margin trading with up to 100x leverage. However, the most appealing feature of Currency.com is that it lets you trade the top assets in the world using crypto.
There is absolutely no need for users to worry about converting their crypto to fiat in order to start trading. The exchange accepts both fiat and crypto deposits and withdrawals, an option that’s highly convenient, particularly for crypto traders. In a nutshell, there is no doubt that Currency.com is a sophisticated centralized exchange and it has done a great job at bridging the gap between crypto and traditional finance with a unique approach towards investment technologies.
Regulation and Awards
As of today, Currency.com is regulated in three different countries by different bodies, which adds a layer of trust to this exchange. First and foremost, it is regulated by the Belarusian 8th Decree of Digital economy, a renowned blockchain regulator. Others include the Cyprus Securities and Exchange Commission (CySEC) in Cyprus and the United Kingdom’s Financial Conduct Authority (FCA).
Consequently, the crypto exchange complies with the Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures. Moreover, it also follows the strict guidelines associated with consumer data protection, such as industry-standard encryption. Even more reassuring is the fact that Currency.com is audited by Ernst & Young, one of the ‘big four’ accounting firms, which confirms that the tokenized securities are valid.
Even though Currency.com is a relatively new service, it has earned its name as a trustworthy and innovative exchange. Therefore, it was awarded the ‘Best Cryptocurrency Exchange CIS’ in 2019 and has been praised by various other sources. The aim of the exchange is to become fully decentralized by the year 2023.
To learn more about Currency.com regulation visit IsRegulated.com.
Usability and Design
The trading platform at Currency.com is very well-designed and is also incredibly easy to use. The transitions between different windows and elements work smoothly and there are no unnecessary distractions and lags. If you have used a trading platform before, you will be able to understand the platform straight away. Even if you don’t have any experience, you will still be able to master it because of its intuitive interface.
Furthermore, a vast array of trading tools have also been added for the convenience of the trader. These include advanced charting tools, guaranteed stop loss, ability to set take profit levels when you are placing orders, negative balance protection and lots more. You can use the platform on desktop devices, but if you are looking for more flexibility, a mobile trading platform app for Android and iOS is also available.
Deposits and Withdrawals
Currency.com processes deposits and withdrawals in a day, but it might take a couple of days for fiat withdrawals to be reflected in your bank account. As mentioned before, the exchange supports both fiat and crypto deposits and withdrawals in various currencies. Some of these currencies include Euros (EUR), US Dollars (USD), Belarusian Rubles (BYN), Russian Rubles (RUB), Bitcoin (BTC), Litecoin (LTC), Bitcoin Cash (BCH), Ethereum (ETH) and tokenized securities. The deposits on the platform are free of charge, but charges are associated with withdrawals and they vary according to the method used.
Currency.com is definitely a fresh and novel exchange that has a strong vision for the future. It has bridged the gap between traditional and crypto markets and boasts relatively low trading fees and high security for its clients. It also provides educational resources and guidance for its traders and has added a robust customer support system to assist them. The trading platform is designed to facilitate traders from different backgrounds and the variety of tokenized securities and assets have made it the go-to option for every crypto enthusiast.