MonetaGo Opens Exchange, Introduces Fixed-Value Bitcoin across 40 Countries

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MonetaGo Opens Exchange, Introduces Fixed-Value Bitcoin across 40 Countries,

In an announcement, MonetaGo says that it has opened Bitcoin exchange wherein it will offer fixed-value BTC across forty countries. Thus, following a successful private beta launch, the company is now opening its doors to the rest of the world, enabling digital currency trading in 28 currencies across 40 countries and supported in 24 languages.

Nonetheless, with the introduction of fixed-value Bitcoin, MonetaGo is going to become the first Bitcoin exchange that is offering such a service. It will be enabling customers to fix the value of their digital currency to any of 27 other currencies and email it to anyone in the world and the fixed-value Bitcoin can then be converted by the receiver into his or local fiat currency.

According to the press release from the company this will protect the sender and receiver from Bitcoin price volatility and allow each to transact in local fiat currency. The company is being led by Jesse Chenard, a serial entrepreneur and investor best known as a founder of Tremor Video, now listed on the New York Stock Exchange (TRMR).

The founding team member includes Patrick Manasse and Margaux Avedisian, who previously co-founded digital exchanges around the globe, and Tad Davis, formerly of NASDAQ. Each of these professionals comes with comprehensive experience to help the company reach to the target audience and receive attractive business opportunities.

Nonetheless, to continue its expansion into a quarter of all countries by end of year, MonetaGo has also brought together a multi-national team. According to the firm there are people with diverse backgrounds and expertise in technology, legal and compliance, and financial services, etc. to help the company run smoothly.

Experts from Various Domains Included in the Team

In the statement issued to the media the company says that a group of talented local directors in strategic locations including Hong Kong, South Africa, Australia, Mexico, India, and Canada has been included. Jesse Chenard admitted that they are very excited to launch Monetago’s global exchange.

He further said that it is the beginning of a future in financial technologies that will enable the rapid and secure transmission of funds anywhere in the world for a fraction of the cost of today’s solutions.

MonetaGo, the global digital currency exchange supporting 24 languages, 28 currencies in 40 countries, is the first Bitcoin exchange to provide customers around the world the ability to buy, sell, and send digital currency directly from 27 native fiat currencies.

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