Crypto.com Opens Branch In The United States, Institutional Investors Can Register First

Crypto.com opens trading platform in US. (Crypto.com)

JAKARTA – Crypto trading platform Crypto.com is reportedly launching an exchange in the United States. The new crypto exchange invites institutional investors to join. However, retail investors will have to wait some time before they can register on the platform.

Until now, US citizens have been able to use the Crypto.com platform through the mobile application. Because the company first developed its mobile platform. The company states that the exchange is regularly a top five crypto trading platform by spot volume and its matching engine supports “2.7 million transactions per second and a very low 50 microsecond core latency.”

Currently, Crypto.com's spot volume as of March 15, 2022, is the fourth largest in terms of 24-hour trading volume. The company announcement further adds that the company is offering “no-hassle” US dollar transfers through its partnerships with Silvergate and Circle.

Over the Past Year, Crypto.com Signed A Number of Strategic Deals, US Exchange Platform Aims to Offer “Deep Liquidity for All Market Conditions”

The company has made great strides over the past year and signed various partnership deals with well-known brands. In June 2021, Crypto.com signed a long-term deal worth USD 175 million or around IDR 2.5 trillion with Ultimate Fighting Championship (UFC). In mid-November, he acquired the naming rights for the iconic Staples Center in Los Angeles and is now called the “Crypto.com Arena.”

The company announced the platform is now in the US via the official Crypto.com Institutional Twitter post. “Crypto.com Exchange is now in the US, [with] priority access for institutional investors.” In addition to the opportunity to attend exclusive events, the company said US exchanges offer “strong security” solutions and “deep liquidity for all market conditions,” as summarized by Bitcoin.com News.