Crypto.com has announced the beta launch of its first cryptocurrency exchange in a bid to support its ‘mission’ of global adoption.
Live immediately, the exchange enables users to trade digital assets on its platform through its web interface, trading API, and Crypto.com
Kris Marszalek, co-founder and CEO of Crypto.com said: “We have 1+ million users on the Crypto.com platform today, the best crypto debit card in the market covering Asia, US and Europe, we’re the trusted brand that sets industry standards in terms of security and compliance.
“Launching an exchange is the natural next step that allows us to complete our ecosystem play. I believe strongly that only companies that built entire ecosystems will thrive during the next bull market.”
The exchange features Crypto.com’s proprietary ‘Vortex Liquidity Engine’ that enables access to deep liquidity pools and competitive execution prices.
Backed by ISO Certification 27001:2013, PCI DSS (Level 1) and CCSS (Level 3) Compliance, the exchange offers ‘typical’ API trading account fees at 0.008% maker and 0.02% taker.
It will initially support the following digital assets: BTC, ETH, XRP, LTC, EOS, XLM, USDT, CRO, and MCO across 3 core pairs: BTC, CRO, USDT.
Further additional coins and pairs are set to be added in the future and the firm’s own coin offering (CRO) has additional benefits to the platform.