Lack of a regulated environment has been one of the biggest hurdles in global crypto adoption. Therefore, it doesn’t come as a surprise that people are looking for reliable and regulated options and this is where Currency.com comes in. They have launched their tokenized securities platform for simplifying the process of trading and exchanging cryptocurrencies and tokenized assets. An intuitive trading platform has been developed to ensure that investors can dip their toes in the crypto pool and also access traditional commodities and financial markets.
Having its headquarters in Minsk, Belarus, Currency.com was established in 2019 and has also expanded its offices to Gibraltar and the United Kingdom. Even though it is a relatively new platform, Currency.com has developed quite a reputation in the market and has had more than 5,000 registrations. But, is it the right exchange for you? Let’s take a look at its offerings:
- Different Tokenized Securities
One of the first things you should look in an exchange is what assets they offer you to trade. Currency.com offers tokenized securities to its clients and they currently have more than 1,300 tokens on their platform, with the goal of extending them to 10,000. These tokens are pegged to the prices of underlying instruments from different asset classes. You can trade stocks of companies like Amazon, Coca-Cola, Apple and Facebook or you can try indices like S&P 500, Nasdaq and FTSE 100. You can also get access to commodities like gold, silver, and Brent crude oil. There are government bonds and ETFs also available. As far as crypto is concerned, you can trade Bitcoin, Litecoin, Ethereum, Bitcoin Cash and many other options.
- Unique Trading Solutions
After you have taken a look at the assets, you need to consider what trading solutions are offered by the exchange. Currency.com has developed a web trading platform that doesn’t require any downloading or installation and is accessible through the browser. This platform boasts cutting-edge technology and offers a simple user interface for everyone, no matter what your trading experience or background. The exchange has equipped their platform with trading indicators, price alerts, risk management tools, charting features and the latest news to help their clients.
Along with this web-based solution, Currency.com exchange has also developed mobile trading apps for their traders’ flexibility and ease. The apps have been developed for the Android and iOS ecosystem both and they are just as responsive, as the web-based platform. They also have trading tools and deliver a smooth trading experience to the traders.
- Several Payment Methods
In order to help its clients in participating in the global financial markets without any hassle, Currency.com has added several payment solutions to their trading platform. One of the best things about this platform is that those who have crypto don’t need to exchange it for fiat before they start trading. You can directly use your cryptocurrencies if you like, but this is not the only option at your disposal. Payments can also be made using debit and credit cards, including Visa, MasterCard and Maestro. Bank wire transfers are also permissible on the platform.
- Security and Compliance
An appealing feature of Currency.com is that it is the first regulated tokenized securities exchange platform. This regulation adds a layer of security because it ensures that the exchange follows the best standards when it comes to providing a secure environment to its clients. First and foremost, it is compliant with the AML (Anti-Money Laundering) and KYC (Know Your Customer) policies that require identity and residence verification before allowing anyone to trade.
They have also used advanced encryption on their platform, along with video surveillance to monitor all activities. Two-factor authentication (2FA) is also supported for keeping all accounts secure. Currency.com also keeps funds segregated through the use of hot and cold wallet services and uses strong encryption to keep these protected.
Even though it is relatively new, Currency.com has made trading of tokenized securities a breeze for every trader.