GORGE, Cayman Islands, May 30, 2022 / PRNewswire / – Digital Financial Exchange (DIFX), a fully insured asset exchange platform launched in 2020, has received an additional license from the European Union for virtual asset exchange and storage services. A milestone that allows DIFX expand its services worldwide.
Jita KatariaCEO and co-founder of DIFX noted that the move is in line with DIFX’s mission to become one of the world’s leading platforms for asset trading, adding: “This is an important milestone that enables DIFX to grow globally and reach different communities around the world. It also complements our goal , which focuses on increasing the global proliferation of blockchain and cryptocurrencies. It should be noted that we have applied for an additional 6 global licenses that are in the process of being processed. “
As one of the core services, the platform combines crypto and traditional assets in one consistent environment; on the DIFX spat exchange along with DIFX MT5 there are many cryptocurrencies. It allows users to manage and trade more than 700 assets, including international stocks, currencies, commodities and more than 100 cryptocurrency futures.
To address space security issues, DIFX has chosen Fireblocks as its partner to help the platform provide its users with fully insured wallets to effectively and reliably protect their funds from hacking, errors and even internal fraud. In other words, the solution comes with a unique insurance policy that protects assets both in storage and in transfer.
After integration, the DIFX exchange grew at an exponential rate of 10,900% +, increasing its assets under management with $ 5 million office $ 550 million for 6 months after operation. It is planned that the platform will have a total of more than 1,000 assets, which vary in both traditional and digital markets.
In March, the exchange unveiled its nomination program, which intends to make digital asset management a very smooth and seamless system; by selecting up to 5 nominees, DIFX users can transfer their crypto assets to their families and loved ones.
With the future merger of DIFX platforms, users will be able to freely trade these assets under one roof. The added security of fully insured wallets will also allow users to develop a diverse asset portfolio and worry much less about risk reduction.
“As part of its broader plan to expand into new jurisdictions, DIFX aims to secure at least 10 new licenses by the end of this year. Given its growth rate, the exchange believes it could increase its user base to more than 5 million by the end 2023, ”Jita concluded.
About DIFX
DIFX: A fully insured centralized crypto platform for inter-asset trading that allows users to trade between multiple asset classes that include indexes, forex, crypto, metals, commodities, etc. the world’s leading crypto custodians with a market share of over 30%. DIFX has its own DIFX utility token; it is compatible with ERC20 and BEP20. DIFX tokens allow users to enjoy a 25% discount on their trading fees on the DIFX exchange. DIFX operates 24/7, multilingual, DIFX Academy and is working on global licensing strategies to ensure that DIFX is available to all. DIFX became the “Most Reliable Cross-Asset Trading Platform – 2022” from Crypto Expo Dubai and the “Best New Trading Platform – 2021” from Forex Expo and Entrepreneur Middle East.
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SOURCE DIFX
