deVere Group Offers 15 Ripple Coins to Clients of Its Cryptocurrency App - The Industry Spread

Ricardo Esteves

Ricardo Esteves has seen business and economics through many lenses. He joined the Financial Services Industry in 2009, and has been a financial journalist since 2011. He holds a degree in Business Administration and has experience producing real-time news, from both buy-side and sell-side, as well as for retail traders, brokers and service providers. Esteves' work has appeared in a variety of online publications including FX Street and FinanceFeeds.

deVere Group Offers 15 Ripple Coins to Clients of Its Cryptocurrency App

March 27, 2018
deVereLeading independent international financial consultancy firm deVere Group announced a Ripple give-away to customers who register for its pioneering cryptocurrency exchange app, deVere Crypto.
deVere Group launched its Crypto app in February 2018 to help its customers to store, transfer and exchange some of the major cryptocurrencies, namely Bitcoin, Ethereum, and LiteCoin. Last month, two new cryptocurrencies, Ripple and Dash, were added to deVere Crypto. The app available on the Apple Store and Google Play
After having surveyed its clients, the company found that most of them consider investing in Bitcoin. Those who do already hold cryptocurrencies are planning to increase their exposure in the next 12 months.
Nigel Green, founder and CEO of deVere Group: “Demand for cryptocurrencies continues to grow – and I expect this to gain considerable momentum over the next 12 months as more and more people are becoming aware of and have a better understanding of cryptocurrencies.
“Demand will also grow due to the fact that regulators around the world are increasingly seeking to regulate cryptocurrencies, which will give investors even more protection and confidence in the market. Cryptocurrencies as a concept are becoming mainstream and regulation is now, I believe, inevitable.”
deVere Group is giving away 15 free Ripple coins to those who complete the app’s registration process, subject to Terms and Conditions. Customers can use the app to build and manage their portfolios and monitor their market position and performance with live graphs that display daily, weekly, monthly and yearly price data.
Nigel Green, founder and CEO of deVere Group
Nigel Green, founder and CEO of deVere Group

“However, Bitcoin, the original cryptocurrency, retains its huge market dominance; it’s the one everyone talks about. I believe that investors need to broaden their outlook on cryptocurrencies beyond Bitcoin. This is why we have launched this new promotion. Despite Bitcoin’s show-stopping performance in 2017 (1,300 percent), it underperformed its lesser-known rivals, such as Ethereum (8,500 percent) and Ripple (~30,000 percent).”

“All cryptocurrencies have different core characteristics, strengths, and tech advantages and, therefore, they’re of value in different ways for different people and organizations. As such, I would urge cryptocurrency investors to be diversified across the main digital tokens. By not doing so, they are exposing themselves to unnecessary risk and cutting off key opportunities. As with all types of investing, diversification is the investor’s best tool to mitigate potential risks and to take advantage of the opportunities that present themselves.”
The company expects that the app, deVere Crypto, will be download about 50,000 times in 2018.

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