Currency.com, the rapidly expanding global cryptocurrency exchange, announced its entry into the US market. Currency.com US, a FinCEN-registered Money Services Business, will enable US residents to purchase, store, and invest in popular cryptocurrencies. Currency.com will be available in all 50 states in the United States. Clients in New York and Hawaii will soon be able to use the exchange. 

"Our launch into the United States is a watershed moment in Currency.com's growth, as we bring our simple, intuitive web-based platform to one of the world's most mature cryptocurrency marketplaces," said Steve Gregory, Currency.com's US CEO. 

Currency.com's launch into the US market comes on the heels of the company's rapid global expansion. The global exchange of Currency.com reported a 445 percent increase in trading activity in 2021. Additionally, overall transactions on the cryptocurrency exchange climbed by 409 percent. 

"An increasing number of people are becoming interested in cryptocurrency. Investors can seek assistance from Currency.com, a platform licensed to provide distributed ledger technology services. By collaborating with regulators and trade organisations, we can ensure that our clients continue to have a safe environment in which to buy/sell/trade cryptocurrencies," Gregory explained. 

Along with the hosted cryptocurrency wallet, Currency.com US offers a more streamlined onboarding process. For Currency.com's US clients, onboarding and execution will be streamlined. Currency.com US will leverage proprietary machine learning technology to rapidly evaluate and assess client risk profiles in accordance with regulatory requirements. The standard onboarding procedure will be significantly simplified. 

For internet investors, the biggest sources of annoyance are lengthy turnaround times and difficult registration processes. While competitors' onboarding takes days, Currency.com's new simplified onboarding takes minutes, if not seconds. Currency.com US also offers a crypto wallet with fiat compatibility for the convenience of its consumers. Additionally, it enables consumers to safely purchase, sell, and store cryptocurrencies. By linking their Currency.com accounts to their bank accounts or credit cards, clients can purchase and sell cryptocurrencies using their bank accounts or credit cards. 

Currency.com The United States will begin with Bitcoin, followed by Ethereum, Litecoin, and Bitcoin Cash, before moving on to other popular cryptocurrencies. Additional coins will be introduced in the future. Americans can now access Currency.com's broad educational materials, including news feeds, financial articles, and analysis. 

Clients in the United States can access the exchange online. A smartphone application will be released in the coming weeks. Beginning May 1, 2022, Americans will be able to utilize Currency.com.