Currency.com brings its cryptocurrency exchange services to the US

Currency.com has announced its expansion into the United States of America. The high-growth cryptocurrency exchange helping traders in the booming cryptocurrency sector will now offer its services to US residents.

Currency.com US to expand to 48 US states

The exchange is registered as a Money Services Business with the Financial Crimes Enforcement Network. It will now allow residents to purchase, store and invest in various cryptocurrencies. Following the expansion, Currency.com US will now be available across 48 states. In the coming months, customers and Hawaii and New York will equally be able to access Currency.com US.

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Currency.com US CEO Steve Gregory said:

Our expansion into the United States represents a milestone moment in the growth of Currency.com as we introduce our simplified, intuitive web-based platform to one of the world’s most mature cryptocurrency markets.

Currency.com’s entry into the US market follows a period of rapid expansion for the company globally. Notably, In 2021, Currency.com’s worldwide exchange average trading activity increased by 445% YoY. Total trades performed on the cryptocurrency exchange increased by 409% within the same time.

Cryptos are attracting a growing number of people with more than a slight interest. Currency.com is better positioned to assist clients in their path as a site authorized and registered to offer distributed ledger tech solutions. Gregory added:

Our strong growth put us on track to expand into new markets, diversify the range of products and solutions we offer our clients, and work in close concert with regulators and trade organizations to ensure we continue to provide a secure environment for our clients to buy, sell and trade cryptocurrencies.

Clients to leverage efficient onboarding and execution

Currency.com US has a dedicated cryptocurrency wallet, fiat-to-crypto currency payment channels, and a speedier onboarding procedure than other exchanges. Its customers would be among the pioneers in the world in leveraging more efficient onboarding and implementation. The crypto exchange will analyze and evaluate the overall risk of its customers swiftly using patented machine learning technologies while staying inside rigorous regulatory limitations.

Gregory commented:

Lengthy turnaround times and cumbersome registration processes are some of the main sources of frustration for online investors. With Currency.com’s new simplified onboarding, a process that usually takes our competitors a couple of days, will take us just a matter of minutes, if not seconds.