Ziglu, the UK based challenger and cryptocurrency platform revealed the official launch of its cryptocurrency platform after successfully completing its pilot phase during which it also managed to raise nearly 5.25 Million GBP in a fundraising round as its seeding capital. The users can now download the platform application from Apple’s app store at the moment while an android version is set to be released in Google Play Store shortly. This crypto exchange was launched with purpose of providing clients with simple, easy and transparent access to cryptocurrencies according to its founder Mr. Mark Hipperson. Mark is renowned in the industry as Co-Founder and CTO of leading UK based challenger bank – Starling which was established to provide clients with smart, accessible and fair way to access both cryptocurrency and fiat currencies.
While cryptocurrency market at the moment mostly sees participation only from experts and crypto fans, Ziglu aims to open up access to cryptocurrency for all individuals as the market participants are beginning to seek greater financial inclusion, accessibility and control amid difficult times during covid-19 outbreak. Users of Ziglu’s platform can easily exchange their fiat currency into cryptocurrency and vice versa in an instant with the application currently supporting Bitcoin, Ethereum, Litecoin and Bitcoin Cash at competitive prices. The app also allows users to monitor their balance in real time. While, Ziglu was only made accessible to beta testers, friends and family in early phase it has already created a waitlist to welcome its first official users as they join this community.
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Ziglu stores the funds from client in a segregated account and offers fair pricing options in a fully transparent process. The firm is currently one of the very few available in market whose platform is designed and built using cloud tech to provide a robust, flexible and scalable bank-grade technology. Commenting on launch of their platform, Mark Hipperson – Founder & CEO of Ziglu said “This launch marks the beginning of an exciting journey for Ziglu to deliver transformational financial services for our customers. By offering immediate and safe access to best-price crypto, customers can spend, exchange and send their money, regardless of the currency, where, when and how they want”.