Benzinga - This year the still-young crypto world has demonstrated that things can change quickly. Companies that were popular have seen fissure cracks, while others activated new solutions in the market. CryptoKG is a leading crypto company with a trading platform that is looking to innovate to solve problems in the field.
The recent FTX scandal revealed just how much there is a need for trustworthiness and accountability in crypto. With the almost overnight implosion of the multi-billion dollar company, it is clear that investors need reliable trading platforms which explore the many opportunities in the crypto world while remaining fully accountable to their users.
CryptoKG might be a platform worth looking into for users looking for creative solutions within the industry. The revolutionary decentralized ecosystem that originated with blockchain still holds exciting possibilities, and there is a promising space for pioneering companies to step up and take crypto to the next stage of its development.
Innovating For a Robust Crypto Future
Celsius Networks and Nexo are both popular crypto companies that recently saw a steep decline arising from a crisis of trust in their industry practices. Celsius was one of the largest crypto trading platforms, yet it filed for bankruptcy in July, due in part to its irregular trading habits and unsecured lending and borrowing. BlockFi was a major digital lending platform for crypto, but it too has filed for bankruptcy around claims of illegal lending.Meanwhile, there are new companies seeking developments to revolutionize the field, like WonderFi (OTCQB: WONDF), which acquired CoinBerry to become Canada’s largest decentralized cryptocurrency platform with a focus on trading safety and asset accessibility. CoinList is a 2017-founded company exploring the trading of digital assets, and it has established pivotal partnerships that vet its investors for safe transactions. CoinBurp is another small crypto company looking to make investment more affordable, however, it currently only has several currencies trading on its platform.
CryptoKG is another up-and-comping crypto company that unites all these various qualities to provide safe investments, innovative asset options, and cutting-edge trading solutions. Though its trading platform is relatively new, it already has over 5,000 clients from over 140 countries, and it allows the trading of both cryptocurrency and tokenized assets.
Many companies aren’t compliant with securities and exchange commission (SEC) regulations, often by allowing unregistered investment contracts, increasing the risk of fraud. A top priority for CryptoKG is the safety of user transactions and finances. It is essential that a platform used for cryptocurrencies is verifiable and trusted to protect investor trades. CryptoKG can boast of Financial Conduct Authority (FCA) recognition as well as compliance with strict European Union regulations that stop fraud and protect against user money and data theft.
CryptoKG also prides itself on its feature which streamlines the process of exchange between crypto and fiat currencies. Along with the perks of platform membership which can provide up to 20x trading leverage, the easy transition between crypto and fiat is a feature that promotes greater freedom of choice and flexibility for the user than was previously available.
CryptoKG also provides an innovative ability to integrate the previously separated worlds of cryptocurrency and traditional asset trading. Tapping into the growing tokenization market, CryptoKG’s platform allows clients to trade both crypto and traditional assets through tokenization.
Excited by the opportunities this feature holds, the platform has plans to give access to more than 10,000 tokenized assets going forward.
Want to learn more about CryptoKG? Visit cryptokg.io.
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