MonetaGo Launches Global Bitcoin Exchange in Closed Beta

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MonetaGo Launches Global Bitcoin Exchange in Closed Beta

In an announcement, MonetaGo says that it has launched a global Bitcoin exchange in closed beta which according to it enables trading in more than a dozen currencies supported in 24 languages across 35 countries this month, with 50 countries supported by year-end. Formed not long, MonetaGo came to existence in 2014 to serve customers with a multi-national team.

The company boasts to have team that has expertise in Bitcoin, technology, legal and compliance, and financial services. At the occasion, – Jesse Chenard, CEO of MonetaGo said that the company is very excited to launch the global exchange which according to him is the beginning of a future in financial technologies.

He admits that the global exchange will enable the rapid and secure transmission of funds anywhere in the world for a fraction of the cost of today’s solutions. Nonetheless, led by able leader Jesse Chenard, a serial entrepreneur and investor with a host of successful exits under his belt, MonetaGo Bitcoin exchange is expected to receive positive feedback from customers.

The MonetaGo team boasts to have a powerful brain trust that includes the former Creative Director at NASDAQ, co-founder of the Bitcoin exchange igot, the president of the Bitcoin Association of Hong Kong, Margaux Avedisian, the former CEO of one of the earliest US-based Bitcoin exchanges, local directors in South Africa, Southeast Asia, Australia, Mexico, and India.

The company says that it is focused on security, reliability, global liquidity, and value for its customers and to serve these to customers, it is establishing a global network in partnership with other digital currency companies. It will enable greater order flow and capacity in local fiat currencies which has become a fundamental requirement now.

To Help Companies Involved in B2B global payouts, FX trading, payments and remittances

Nonetheless, built on the AlphaPoint trading platform, the MonetaGo network, with its ability to settle quickly in multiple currencies, makes MonetaGo an ideal partner for a wide range of companies. Thus, the companies that are focused on B2B global payouts, currency trading, payments and remittances, as well as a variety of merchant services will benefit a lot.

The partnership with AlphaPoint, a technology company that powers digital currency exchanges and provides institutions aggregate access and order routing to digital currency markets, the company is going to provide secure, scalable, and customizable platform. The platform can process nearly one million transactions per second.

To contact the reporter of this story: Deepak Tiwari at deepak@forexminute.com