CoinMetro - A One Stop Shop for your Crypto Investments

magpielover (51)in #cryptocurrency • 6 years ago (edited)

Throughout 2017, we witnessed a tremendous growth in cryptocurrency exchange trading. To put things into perspective, the total USD value of daily trading volume on major bitcoin exchanges hovered between 50 - 100 million in January 2017. One year later, in January 2018, we saw daily volumes ranging between 1 - 5 billion USD (source). This meteoric rise is a reflection of the mainstream adoption of cryptocurrencies and the emergence of a new asset class that people all around the world are willing to put their money on. This growing interest in crypto investment & trading has, in turn, led to the dawn of multiple cryptocurrency trading exchanges. What makes an ideal Cryptocurrency Exchange? According to me, things that matter the most are the brand quality, liquidity, guaranteed privacy & security of assets, customer support, ease of use - while doing deposits, withdrawals, trading etc. Today lets talk about CoinMetro - An upcoming cryptocurrency trading and investment platform, that possibly ticks all the right boxes, and more!

CoinMetro is the brainchild project of the team that built the renowned Forex broker, FXPIG Founded in Auckland, NZ in 2010, the FXPIG group has gone on to become one of the Forex Brokers available, serving clients from nearly 100 Countries all around the world. It is this expertise and understanding on financial markets that the team is trying to bring to their Crypto-focused endeavor - Coinmetro. CoinMetro will much more than a regular cryptocurrency exchange. It will be a "multi-faceted fintech platform" that will enable seamless cryptocurrency trading and investment in Exchange Traded Crypto Funds (ETCFs). Besides the platform will also provide a state-of-the-art concept known as Tokenized Asset Management service along with a powerful ICO Express platform. Think CoinMetro as a one-stop shop for all your crypto investments.

CoinMetro's trading GUI will be built with utmost importance to user-experience. This will consist of highly customizable charting facility where users can study the prices of cryptocurrencies and plot graphs of their orders. Besides supporting a wide variety of order types, the exchange offers various lending options as well as "Leverage". Another interesting fact is that the exchange will support FIAT deposits and withdrawals, which is made possible by forging strong banking relationships with CoinMetro's partners. This fact in itself is huge when you compare it with the likes of a popular exchange like Binance that does not support FIAT. To top it off, users of the platform will be offered a CoinMetro debit card with which they shall be able to withdraw cash from their wallets in ATM locations worldwide. The Exchange wallet will initially support the popular cryptocurrencies such as BTC, ETH, BCH, XRP, LTC etc. and then will keep on adding more tokens over time.

Now, here comes the more attractive propositions of the CoinMetro platform, when compared to its peers such as Binance, Kucoin and Coinbase. CoinMetro platform offers a novel investment option known as Exchange Traded Crypto Funds (ETCFs). Think of them as a combo of Mutual Funds and ETFs for Crypto - a means through which investors can diversify their holdings over multiple industries such as finance, IoT, Entertainment, health etc. thus reducing the overall risk. As with traditional stock investing, diversification always helps in managing risks. CoinMetro also introduces a novel concept called Tokenized Asset Management, where the clients can team up with professional managers of their choice. This basically involves investing in a manager's token and the return of investments will, therefore, depend on that manager's performance. Finally, CoinMetro will set up an ICO Express platform which will be like an "incubator for the ICOs". Note that the ICOs will only be accepted on a case by case basis; the top engineering folks at CoinMetro will review and vet the ICO applications and once they are accepted, the teams will be able to use the platform for conducting the funding rounds. These ICOs leveraging the CoinMetro ICO Express platform have a unique value proposition to look forward to - i.e the almost instantaneous listing of their tokens (ERC-20, NEP-5 or NEM based) on the CoinMetro exchange, thus giving them liquidity straightaway.

Just like Binance and Kucoin do, CoinMetro also has a native token known as COIN (Ticker:XCM) and the token sale event has entered the final week, as of the date of this article. To learn more about the token sale visit the CoinMetro website