It seems there’s hardly a month goes by when we don’t hear at least some exciting news about Ukraine’s QMALL crypto exchange. For example, the company recently announced plans to launch its own metaverse by the end of 2022, and if that weren’t significant enough, there will also be a QMALL crypto exchange within this metaverse.
But, QMALL’s latest news is that the EU has granted it a crypto license and payment gateway. This is one of the most important announcements to date. In short, receiving the EU’s thumbs-up has just provided QMALL with an open door to the wider world, and for such a relatively young company, this is an impressive achievement.
QMALL, which was created in 2021 from the Ukrainian blockchain visionaries Mykola Urdyskyi and Bohdan Praylepa. The company’s resume was already pretty impressive, having managed to become Ukraine’s first government-regulated crypto exchange and gain a solid reputation for safety, ease of use and low commissions amongst the crypto community.
Led by two of the most influential players in the industry, it’s no surprise that the company has big plans and dreams of becoming the world’s go-to cryptocurrency exchange. With a Eurozone trading license and payment gateway, QMALL’s dreams have just become one step closer to becoming a reality.
Lithuania: A doorway to the Eurozone
Harnessing plans to become not just another crypto exchange but the world’s number one exchange means QMALL needed to find a door to the world. This was the country of Lithuania, a small Baltic state. The company was officially registered as UAB QMALL (Lituania) and is now a European entity. It must adhere to EU regulations and rules.
QMALL has been officially registered as a “Virtual Currency Exchange Operator” and “Depository Virtual Currency Wallet Operator” by the “Financial Crime Investigation Service” under “The Ministry of the Interior of The Republic of Lithuania”.
As a result of this registration, the company is legally required to adhere to the EU’s strict laws on transparency, data security and reporting of any suspected money laundering activities. This will increase trust in QMALL and make it a trusted brand.
QMALLERS: New Trading Strategies
An almost immediate benefit of QMALL’s registration will be its users having the ability to trade in Euro pairs. Once the European payment gateway has been connected to QMALL, traders will be able to use a range of strategies in order increase their profits. Many new crypto-world residents will be able to access the QMALL token soon, which will attract thousands of users. As a result, it’s safe to say users of the service can shortly expect to see a significant increase in the tokens’ value.
There are many opportunities in Sophia Antipolis
QMALL has also been given a boost by Sophia Antipolis joining forces. If you’ve never heard of Sophia Antipolis, it’s a place in southeastern France many refer to as the French Silicon Valley. Sophia Antipolis hosts more than 2400 hectares of companies. Many successful startups are found here, as well as major brands such IBM, Samsung, and Cisco Systems. The opportunity to meet with and even cooperate with some of the world’s top tech companies is now within QMALL’s reach.
To infinity, and beyond: Europe’s largest launchpad!
QMALL is already making an impact at Sophia Antipolis, announcing the creation of Europe’s largest launchpad. For those that don’t know, a launchpad is a platform for launching cryptocurrency projects. Typically, people who invest in a project’s digital assets in its early stages experience the highest returns. And it isn’t uncommon to see life-changing returns of a hundredfold or more.
QMALL is planning bi-weekly or weekly launches of new projects that will be launched almost instantly. Due to the availability of more projects, there will be more opportunities for people to participate in early phases of a project. This huge project will allow many Ukrainian startups to get financing and increase their access to European markets.
Look good QMALL
Now with a gateway to the global crypto market, it seems like there’s no end to QMALL’s meteoric rise. The tokens’ value will continue to increase, and the founders’ dream of becoming the number one exchange looks likely to be realized sooner than we think. As a result of this news, we are likely to see thousands more traders attracted to the 100,00-plus already using QMALL’s services.