Umexbit will expand its range of services beyond the cryptocurrency derivatives space. The CEO announced this today.
Umexbit was founded in 2017 to bring something from the traditional world to the purely digital space of cryptocurrencies – professional-grade derivatives. The cryptocurrency space has experienced rapid development in recent years, so it’s time for a strategic change for Umexbit.
The launch of the corresponding services is planned for months and years ahead:
- Spot – a full-fledged spot trading service where users can buy and sell cryptocurrencies, rather than their derivatives;
- Brokerage is a licensed brokerage service for the provision of basic, agency and over-the-counter services;
- Storage – a licensed custodian solution for storing cryptocurrencies;
- The Academy is an educational resource on digital assets and trading.
I come from the regulated and classical world. I already had great connections with regulators. Now I work on the side of cryptocurrencies and lead them into a regulated world