• Currency.com has announced a US expansion

  • According to a press statement, Currency.com has moved into the United States. Clients in the United States will soon be able to access it online.

    In the next weeks, the rapidly expanding worldwide crypto exchange will launch a mobile-based application. Its website will be available to US customers on May 1, 2022.

    Customers in the United States can invest in popular cryptocurrencies.

    The platform’s US version will allow citizens of the United States to buy, hold, and invest in top-traded cryptocurrencies. Currency.com US will be available in the 48 contiguous United States and territories. In the following months, clients in New York and Hawaii will be able to use the exchange.

    Currency.com Steve Gregory, CEO of the United States, stated:

    Our entry into the United States marks a watershed point in Currency.com’s evolution, as we deliver our simplified, user-friendly web-based platform to one of the world’s most mature cryptocurrency markets.

    Exchange is seeing rapid global growth.

    Currency.com’s entrance into the United States comes on the heels of significant global growth. In 2021, its trading activity increased by 445 percent year on year. During the same time frame, total trades on the crypto exchange increased by 409 percent.

    Gregory continued, saying:

    Ever more people are taking more than a passing interest in cryptocurrencies. As a platform authorised and licensed to provide distributed ledger technology services, Currency.com is well placed to support investors in their journey. Our strong growth put us on track to expand into new markets, diversify the range of products and solutions we offer our clients, and work in close concert with regulators and trade organisations to ensure we continue to provide a secure environment for our clients to buy, sell and trade cryptocurrencies.

    A cryptocurrency wallet, as well as faster onboarding

    Currency.com US will offer fiat-to-crypto payment channels, a hosted cryptocurrency wallet, and a streamlined onboarding procedure. Clients in the United States will be among the first to benefit from faster and more straightforward onboarding and execution.

    Currency.com’s fiat-to-crypto functionality allows you to safely store, acquire, and invest in popular cryptocurrencies. Clients will be able to use credit cards to buy or sell cryptocurrencies, as well as link their Currency.com accounts to their bank accounts, using the crypto wallet.

    Currency.com US will debut with Bitcoin, Ethereum, Litecoin, and Bitcoin Cash, and will gradually add other cryptocurrencies.

    Compliance must not be compromised.

    The exchange will utilize proprietary machine learning technologies to assess the risk profiles of its clients while remaining compliant.

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