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Xtheta, Japan Based Cryptocurrency Exchange Starts Functioning On 4th Of February

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  • Xtheta Co. Ltd. has officially launched its services as a virtual currency agency.
  • Xtheta, the Fintech company, registered with the Kinki Finance Bureau in December 2017 under the tag of a ‘virtual currency exchange company.’
  • Xtheta specializes in purchasing, selling, and storing virtual currencies.

On 4th February 2020, Xtheta Co. Ltd. has officially launched its services as a virtual currency agency.

Xtheta, the Fintech company, registered with the Kinki Finance Bureau in December 2017 under the tag of a ‘virtual currency exchange company.’ The services will be provided as a general agency that employs mechanisms to manage all digital currencies with an offline wallet.

What makes Xtheta different from other virtual currency “exchange” companies is that generally, such companies facilitate transactions for users who do virtual currency exchange or transactions. However, Xtheta specializes in purchasing, selling, and storing virtual currencies.

It also manages trades on cryptocurrency exchange along with managing multiple accounts for each transaction for performing virtual currency trading. By operating the transactions of its customers, instead of relying on the cold wallets, Xtheta aims at eliminating fears related to a cryptocurrency transaction.

Thanks to this approach, a customer who isn’t well-versed with the cryptocurrency transactions can perform them without much worry. The organization takes over mundane processes like the selection of stocks and comparison of rates as per the user’s wishes.

Hiroshi Shinohara mentioned that during the first joint briefing held by regarding the benefits of the agency and its philosophy is going to change the complexities regarding the virtual currency markets.

He mentioned if a person is has attended an ICO, they will know what to do. However, if a grandma is trying to do so, it will be a lot harder for her.

All you need to do is paste the ether address, check for frauds, and then wait while the token is received. If you don’t have a coin-based Ethereum address, don’t panic, you can create it with minimal effort. The best thing is that even if you don’t use a credit card, you can do transactions on Xtheta without any problems.

In a bid to make cryptocurrency investments a lot easier, Japan will be providing a service that begins at 3000 Yen per month and lets you choose eight different virtual currencies.

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