The digital currency exchange Crypto.com has revealed it’s launching a crypto trading platform in the United States to waitlisted users and then a progressive rollout will follow. Furthermore, the company says the trading platform’s VIP users will get access to “exclusive events, rewards, and cutting-edge market insights.”
Crypto.com Launches US Exchange Platform — Waitlist Open to Institutional Investors
Crypto.com reports that the company will launch a U.S. digital currency trading platform. Institutional investors in America are encouraged to sign up for the waitlist. As the platform develops, it will eventually be available for retail investors. Since the company’s first mobile platform, Crypto.com has been available to Americans via its mobile app.
Crypto.com says the exchange is regularly a top-five crypto trading platform by spot volume and its matching engine supports “2.7 million transactions per second and an ultra-low 50-microsecond core latency.” Currently, Crypto.com’s spot volume on March 15, 2022, is the fourth-largest in terms of 24-hour trade volume. The company’s announcement further adds that the firm offers “seamless” U.S. dollar transfers via its partnerships with Silvergate and Circle.
Over the Last Year, Crypto.com Inked a Number of Strategic Deals, US Exchange Platform Aims to Offer ‘Deep Liquidity for All Market Conditions’
This company made big deals over the last year by inking partnerships with well-known brands. Crypto.com entered into a $175 million, long-term deal with Ultimate Fighting Championship (UFC) in June 2021. In mid-November it acquired the naming rights to the iconic Staples Center in Los Angeles and it’s now called “Crypto.com Arena.”
Crypto.com had partnered up with the Angel City Football Club, but it was shut down in 2022. Crypto.com suffered a breach on January 17. The company announced that 438 accounts had been compromised, and that $34 Million in cryptocurrency was stolen. At the end of the month in January, Crypto.com also inked a multi-year partnership with the NBA star LeBron James and the basketball player starred in the firm’s Super Bowl commercial in February.
On Twitter, Crypto.com revealed the U.S. exchange announcement via the firm’s official Crypto.com Institutional social media account. “Some things are worth the wait,” the company said. “Crypto.com Exchange is now in the U.S., [with] priority access for institutional investors.” In addition to the opportunity to attend exclusive events, the company says the U.S. exchange offers “robust security” solutions and “deep liquidity for all market conditions.”
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