Currency.com Announces US Expansion – BTC Ethereum Crypto Currency Blog

Currency.com has expanded into the US, Coin Journal learns in a press release. US customers will soon access online.

The high-growth global cryptocurrency exchange will launch a mobile-based app in the coming weeks. Your website will be available to US customers starting May 1, 2022.

US clients can invest in popular cryptocurrencies

The US version of the platform will allow US residents to buy, hold and invest in the most traded cryptocurrencies. Currency.com US will be available in 48 states and territories. Customers in New York and Hawaii will be able to access the exchange in the coming months.

Currency.com US CEO Steve Gregory said:

Our expansion into the United States represents a landmark moment in Currency.com's growth, as we introduce our streamlined and intuitive web-based platform to one of the most mature cryptocurrency markets in the world.

Exchange sees strong global growth

Currency.com's US expansion follows strong global growth. Its trading activity increased by 445% y/y in 2021. Total executed trades on the cryptocurrency exchange increased by 409% over the same period.

Gregory added:

More and more people are taking more than a passing interest in cryptocurrencies. As an authorized and licensed platform to provide distributed ledger technology services, Currency.com is well positioned to support investors on their journey. Our strong growth has put us on the right track to expand into new markets, diversify the range of products and solutions we offer our customers, and work closely with regulators and trade organizations to ensure we continue to provide a safe environment for our customers to shop, sell and trade cryptocurrencies.

A crypto wallet and faster integration

Currency.com US will feature fiat-to-crypto payment gateways, a hosted cryptocurrency wallet and a streamlined onboarding process. Customers in the US will be among the first to benefit from faster, simpler integration and execution.

Currency.com's fiat-to-crypto feature gives you the flexibility to securely store, buy and invest in popular cryptocurrencies. The crypto wallet will allow customers to use credit cards to buy or sell cryptocurrencies or link their Currency.com accounts to their bank accounts.

Currency.com US will launch with Bitcoin, Ethereum, Litecoin and Bitcoin Cash, adding more cryptocurrencies over time.

Without compromising compliance

The exchange will use proprietary machine learning technology to assess its customers' risk profiles without compromising compliance.