Kyrrex, a global investing, payment, and financial ecosystem and the world’s first digital bank, has firmly penetrated the crypto market and continues to interest new users. What are the main aspects of Kyrrex which attract more and more crypto holders?!
What is Kyrrex?
Kyrrex is a regulated crypto-fiat platform that provides a one-stop-shop digital finance experience through advanced trading, payment and custody technology, for retail and institutional clients
Launched in 2018 by Viktor Kochetov & Mykhail Romanenko, a crypto-fiat ecosystem Kyrrex has become a wide set of products and services. Kyrrex is a helpful and secure instrument for users who work with digital assets daily. Today, its main product is Kyrrex Crypto Exchange, where various cryptocurrency transactions are performed.
License. Kyrrex has received the highest Virtual Finance Asset (VFA) license from the Malta Financial Services Authority (MFSA). This has positioned the company in a way where they can provide services to investors with full confidence that users’ funds are safe.
With the Class 4 VFA license, Kyrrex is able to serve its customers varied crypto-related products and offerings like a trading program, a deposit program, crypto payment services, as well as crypto-to-fiat and fiat-to-crypto exchange. Moreover, it also has it’s first license provided in Estonia.
KRRX Token. KRRX token implies different conditions for interacting with Kyrrex services and functions, it provides exclusive benefits for all KRRX holders.
KRRX token has been listed on the HitBTC since November 30. It’s Kyrrex first exchange for listing, now KRRX token is also available on Bittrex Global – it became the third platform after Kyrrex and HitBTC in which KRRX tokens are listed.
Moreover, crypto holders can find KRRX on CoinMarketCap and Coingecko – top crypto platforms. This is an important event for Kyrrex and shows that KRRX is gaining more and more attention from the well-known platform. The token unlocks all the functions of the Kyrrex platform, reduces trading fees and provides investors with stacking options.
Lock and release: the Kyrrex platform will lock the remaining 30% of the tokens for 4 years with subsequent releases every 6 months and availability on the platform.
Use of Funds: Kyrrex will allocate the raised funds for the development of ecosystem products, marketing, legal support for obtaining licenses in the new regions, as well as insurance funds. The mentioned categories will account for 45%, 35% and 10%.
Finally, Kyrrex & KRRX key features:
The Social Trading feature will enable users to follow other traders at a fixed fee. The payment methods are fiat currencies, cryptocurrencies, or KRRX tokens.
The Multi-Account Management will include the trading services of a manager or a trader in exchange for the share of the profit made.
The Referral Program will offer bonuses after a user attracts 3 or more of their peers.
The Online Banking feature expected in the fourth quarter of 2022 will offer a 20% cash back and 3% on card transactions. Users who pass verification on the exchange will be receiving 20 KRRX tokens.
Finally, Kyrrex has a huge community in Telegram, where every week members can discover all the updates and important news through AMA sessions! It’s a must join the channel to keep up with Kyrrex!