Crossover Markets Plans Entry Into U.S. Market With Crypto Trading Tools
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Crossover Markets has shared its plan to begin offering its services in the United States. The company stated that it is getting ready to serve U.S. clients. This is the first time the company will offer its crypto trading services in the country. The news has brought excitement among crypto users.
The company was established by three experts in foreign exchange. Their names are Brandon Mulvihill, Anthony Mazzarese, and Vladislav Rysin. Crossover has been working in countries outside the United States. But now, the company wants to begin work in the U.S. too.
Mulvihill, the leader of Crossover Markets, said something changed the firm’s plans. He shared that Trump’s return and his support for crypto gave the firm a reason to try again. After Trump’s win, the team began planning to enter the U.S. crypto market.
CROSSx Helps Traders Close Deals Fast And Keep Coins Safe
The company uses a platform called CROSSx to help users trade crypto. This platform works like the systems used in money exchange markets. It lets users trade without showing their names and offers deep pools of coins to pick from. The company said this system is helpful for serious traders.
Crossover shared that many large investors do not want to mix coin holding with trading. To help them, the platform keeps trading and coin storage separate. The firm said this step helps keep money safe and avoids problems if a company fails. It makes traders feel more at ease.
The CROSSx tool is very fast and can be changed to match what traders need. It was built for users who are used to fast and smooth trading. The company said this is the kind of tool many traders hope to use in crypto.
More Traders Are Showing Interest In CROSSx Platform
Crossover said that last year, users traded coins worth $13.5 billion on its platform. This shows that many traders already use it. The company also raised $12 million in June last year to grow and reach more users. It used that money to improve the platform and get ready for new markets.
Now that crypto is becoming more popular again, the company is thinking about raising even more funds. It wants to be ready to serve many traders in the United States. Other crypto companies are also coming back to the U.S. because of friendly rules. These new changes are bringing hope to many.
The company leader said about 10% of trades on CROSSx follow a new method. This special type of trade is called OXO, which stands for “Order Crossing Order.” He shared that it helps both the person selling and the person buying.
