The year 2019 seems to a be promising one for crypto stake holders. CoinZoom, a coin exchange based in Utah recently made a move into the European market. The entity expanded its services to Dublin, Ireland, in a bid to fulfil its global presence goal.
This move by CoinZoom was strategically designed to operate under a new subsidiary “CoinZoom Europe” which is the vehicle into the European market.
One of the main stake holders to comment positively on the milestone is CoinZoom CEO, Todd Crosland. The team leader is quite optimistic about the move and looks forward to a future where CoinZoom expands the crypto trading options for the European market. Furthermore, Crosland views this as an opportunity to rise to a global level as crypto gains more popularity.
The Global Move For CoinZoom
Lately, CoinZoom has increased its presence in International markets including Australia. The digital currency exchange got a license from the Australian regulator Austrac to run a coin exchange within the country’s jurisdiction. This move will see CoinZoom offer its fiat-crypto exchange services for Australians in course of Q1 2019. At the moment, Bitcoin, Ripple & Bitcoin Cash are the digital assets scheduled for fiat pairs within the CoinZoom cryptocurrency exchange.
One of the competitive advantages CoinZoom enjoys is the experience of its CEO and the team at large. Todd Crosland is also known for launching the FX exchange Interbank FX platform. According to platform’s goals, the exchange is designed to provide an ecosystem that facilitates the participation of all sort of investors in crypto markets. In addition, the expertise of CoinZoom’s team brings a wide range of brokerage services to the network participants while ensuring compliance.
As of press date, CoinZoom is yet to start its operations but demo accounts are being provided to prospective clients. This is to equip the new market entrants with a crypto trading experience as the market is relatively new to most people. Unlike most crypto exchanges that chose to store coins in their designed digital wallets, CoinZoom has opted for an external partner ‘BitGo’.
Crosland summarized the platform’s purpose and goal around expanding tech & security for both institutional & retail digital asset traders while expanding fiat options. He believes that the Dublin move will make a significant impact in the EMEA region and enhance local services to interested network participants.