Leading broker ExpertOption has launched a private token pre-sale exclusively for its existing client base giving them a privileged opportunity to be the first investors in its upcoming Crypto Exchange. The news is causing waves in both the finance industry and crypto world.
The licensed broker runs its own award-winning platform and has a successful trading app for currency, commodity, stock and crypto trading with clients from across the globe.
As one of the first brokers to offer online crypto trading on more than 20 digital currencies including Bitcoin, Ripple and Ethereum, creating its own token is a logical next step, however ExpertOption is choosing to go beyond and launch a crypto exchange which fills investors with hope that they will finally have an exchange that can fully support their needs.
Crypto exchange ICOs have emerged as leaders in the blockchain world. Binance and Huobi had exceptional sales and highly successful tokens which helped the lucky early investors thrive. ExpertOption could be the new opportunity for those who missed out.
“Considering our vast experience in finance we know cryptocurrencies are the future, and crypto exchanges will become more prominent than existing ones,” said CEO of ExpertOption Group Ivan Opria “We have learnt from our predecessors’ mistakes so our exchange is going to be better, faster and stronger. We plan to become leaders in this sector as we did in online trading.”
Crypto exchanges are in high demand and add approximately 100,000 new users worldwide each day. To put the numbers in perspective, the Forex market has been active for decades and is estimated at $3 trillion in daily turnover, while Binance - one crypto exchange - which has been open for less than a year sometimes trades $2 billion a day. This unstoppable rise in crypto has lead in demand outweighing resources and caused existing crypto exchanges to fall back on their performance, and delay verifications. Even crypto exchange giant Binance had to put a cap on new registrations after receiving a large amount of users in a short period of time. This indicates there is a big gap for new crypto exchanges who can support a high number of users, and perhaps take over some of the existing users who are overwhelming the system.
ExpertOption is managed by a team which successfully turned it into a multi million platform within a short time and has managed to maintain its status and performance over the years in a highly competitive and bumpy industry. Unlike many brokers which collapsed under the pressure of strict regulations and harsh competition, ExpertOption held its own and continued rising in the face of adversity. This only helps increase our confidence that the ExpertOption upcoming crypto exchange will be groundbreaking.
The company will unveil more details about the project in the coming weeks. The public token sale will begin in April.
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