Crypto.com announced the imminent launch of its own cryptocurrency exchange

Crypto.com announced the imminent launch of its own cryptocurrency exchange

The Hong Kong blockchain company Crypto.com announced the imminent launch of its own cryptocurrency exchange in order to retain existing platform customers.

According to Crypto.com CEO Kris Marszalek, the company has already solved the problem of attracting users. Now its goal is to create an ecosystem in which platform users will be willing to stay.

“We already have more than 1 million users on a secure platform and a mechanism for attracting customers. Adding the full functionality of the exchange meets the needs of existing customers and preserves them in our ecosystem, ”he said.

Initially, the exchange will support nine crypto assets, including BTC, ETH, XRP, EOS and its own Crypto.com CRO tokens. Speaking about increased competition in the cryptocurrency exchange market, Marsalek noted:

“Only full-fledged players in the ecosystem can thrive in the long run. Small players will not be able to compete and will eventually close. ”

In mid-summer, the operator of the most famous blockchain and online wallet observer, Blockchain, also announced the launch of its own cryptocurrency exchange.