The team behind Vanuatu-licensed Forex broker FXPIG has announced its new trading platform, CoinMetro Exchange, that will streamline cryptocurrency investing for the general public, along with professional and experienced currency traders.
Replicating familiar and traditional investing methods for the world of cryptocurrency, CoinMetro exchange combines the three major components of the digital economy; a cryptocurrency exchange, a trading platform, and an ICO platform to offer a ‘one stop shop’ cryptocurrency trading environment that is customer-centric to its core.
Promoting mobility between blockchain based digital assets and traditional markets, the exchange offers buying, selling, investing, trading and cashing out services.
CoinMetro’s platform features a unique tokenized asset management system that allows individuals to directly invest in a professional asset manager, based on their trading performance. Similar to earning a commission, managers profit from dividends, and investors benefit based on the growth of their investment. Investors can quickly move funds between managers, and other crypto or fiat assets, and can withdraw funds using CoinMetro’s debit card from millions of ATMs around the world.
Moreover, CoinMetro provides curated baskets of digital assets similarly to the concept of traditional ETFs. Users can trade those baskets, such as healthcare, IoT, communication, or finance, in real time on the exchange. In addition, users can select an investment fund based on its risk profile or even the social media influencer scores of those inside the fund.
Initial Coin Offerings (ICOs) are included in the services provided by CoinMetro Exchange, where vetted companies can access transparent and secure funding rounds and investors can fund ICOs through a wide range of channels, including credit cards, bank deposits, and cryptocurrencies.
Kevin Murcko, CEO at FXPIG and CoinMetro said: “Mass adoption of cryptocurrencies needs a marketplace that is accessible to all. Even for tech savvy people, it can be a daunting task to purchase their first Bitcoin. We want to change that. Creating a user-friendly platform does not have to come at the expense of functionality.”
“The crypto space is evolving at a feverish pace, expanding into an ever-growing list of industries embracing blockchain. However, like most industries that begin to expand quickly into the public consciousness, it needs structure and guidance. From a pure finance standpoint, it needs reliable external price discovery mechanisms. The FX industry is a great partner to have; a great partner that can help solve this issue while creating a more stable alternative investment ecosystem on the back of trade-tested technology”.