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Currency.com is a unique trading platform designed by experts. To ensure both privacy and accessibility, the team behind the platform has used advanced technology. Traders are allowed to trade more than 1,300 crypto assets. Currency.com aims to bridge the emerging world of digital assets with the traditional financial ecosystem. Moreover, the clients can easily invest in tokenized coins of top-traded equities, indices, commodities, which mirrors the value of such assets.
Recently, Abhiruk Bhattacharyya, community manager at The Coin Republic, interviewed Vitaliy Kedyk, the Head of Strategy at Currency.com. The session covered a range of exciting topics related to trading and about the platform of currency.com. Moreover, Kedyk also revealed the trading firm’s plans to expand globally.
Currency.com is planning to expand its global footprint
Currency.com is headquartered in Gibraltar. However, the team behind the trading platform is expanding its global footprint. The firm has its Research and Development (R & R&D) offices in London and Minsk in the current scenario. Moreover, Currency.com also has an office in Cyprus, and the two bigger offices are in Minsk and in Kyiv. According to Kedyk:
“So launching an app is, you know, there’s the advantage of being in Eastern European country because you can get the very good technical talents on a relatively low cost here.”
Kedyk also revealed that he is planning to establish an office in Asia. However, the team is not sure whether they will be opening a physical office in India.
“We’re also looking into launching an office in Asia, having chosen the jurisdiction just yet. Alright, pensions are coming to India. Tough question for the company. I would say we are definitely interested in working with the Indian public, but I’m not sure whether we will be opening a physical office anytime soon.”
What should investors consider while investing in cryptos?
Cryptocurrencies have gained mainstream attention globally. And following the potential of such assets, a lot more new coins and projects are being rolled out. Notably, cryptocurrencies and related projects are decentralized by nature. Hence, the scenario is making it tedious for investors to choose a project. Kedyk believes that to select the right project as an investor, it is necessary to be cautious.
“My personal opinion, and this is that investors should be very cautious in terms of the assets they choose to invest. If it’s a new asset, obviously, for the relatively new project with relatively new tokens on the market, there is a chance of how high earnings are. However, there are huge risks. I would say Bitcoin has a huge community behind it. I don’t I obviously don’t think and I’m absolutely sure it’s not going anywhere.”
“My general advice would be, go search before you choose the token you want to invest in, don’t just try to speculate, don’t just follow pumps on Twitter, do your research, understand that there is something behind the coin and then invest if you feel that this is something that will be growing?”
What makes the trading platform unique?
Currency.com is a unique platform with few special features. The team behind the platform is making it truly accessible for its users. One of the platform’s notable features is the offering of tokenized assets to users who cannot buy the shares of well-established firms. Notably, the core feature ultimately allows individuals to learn financial literacy. And later, the users can also educate themselves regarding wealth management and understand personal finance.
“We also offer tokenized assets in the areas where otherwise people won’t be able to trade those assets. This is less relevant for the US and the developed Europe, obviously. But then for South America, South-East Asia, and Africa, these are the areas where people just can’t buy shares of the well established company, they come by commodity, they don’t have this wealth management advantage that there is in developed countries. And this is one of the core features that we have on our platform that would basically allow people to start educating themselves in terms of financial literacy, and then in terms of, like wealth management, understanding personal finance early on.”
Currency.com is offering unique features related to trading. Notably, the platform is expanding its global footprint to the United States and then Western Europe, Asia, and also from South America to Latin America. Vitaliy Kedyk believes cryptocurrencies will play a significant role in the evolution of technology.
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