Coinmetro's unique approach to make crypto accessible to all

 

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Can crypto be both safe and profitable? Does there need to be a tension between compliance and the ability to trade freely – or can the two trade symbiotically?

 

In traditional finance, markets are centralised, with one body controlling everything that happens.

 

Decentralised finance (DeFi) changes that, as there is no central hub that controls markets and market flow. Many people, many computers and many nodes are making decisions. This empowers a lot more people than the current traditional markets.

 

The crypto market is going to fundamentally change the way traditional finance operates in the next 10 years.

 

Pessimism around crypto

 

People tend to fear the unknown and anything new. When something is not understood, most people tend to fear and are apprehensive about it.

 

This is a natural human process and we can see it with new technologies that are being introduced. Whether it is a microwave or an electric car, many technologies were misunderstood and mocked when they were first introduced.

 

The same goes for crypto, where misunderstandings abound. As with all new developments that are yet to be widely adopted, there are certain misconceptions:

 

• • Myth: Volatility is a foe

 

The crypto market is still young and highly volatile. Think of it like credit – if used wisely, it can help you prosper. In other words, instead of fearing volatility, consider it your friend. The risks of volatility can be rewarded with high returns.

 

• • Myth: Crypto attracts criminal activity

 

Every tool and instrument – financial, crypto or other – can be misused. Crypto is not necessarily a magnet for criminal activity nor is it above the law.

 

• • Myth: The cryptocurrency market avoids regulation

 

It is believed that the crypto market avoids regulation. Regulation is crypto’s future. Coinmetro and others have been working to establish global frameworks comprising standards for the regulation of crypto. This will open many doors that have previously remained closed.

 

As the crypto market matures and we help people understand and inform them about it, this will naturally reduce the fear and help with general adoption.

 

Welcoming regulations

 

Coinmetro, the people-centric digital exchange that promotes mass adoption of crypto, is trusted for continuously working towards full regulation and licencing. Every user can be sure they’re trading safely and legitimately.

 

There are many more years of growth ahead of us before we come close to the size of traditional finance. For a big part, traditional finance got to the point where it is because of rules and laws. It shaped the way people interact with financial tools.

 

A lot of people in crypto feel the way it was shaped was done wrong. For instance, traditional finance has cut out access to certain resources of passive income and made it accessible to only a few.

 

In the crypto market, we have the opportunity to create frameworks so that we can guide the market to the next phase: more adoption of institutions and individuals. These guidelines can help us get to the next phase and foster maturity.

 

Where does Coinmetro fit in?

 

Coinmetro was one of the first in the industry to talk openly with regulators. We pursue regulations because we know we need them to expand into the next phase of the market. Over the past four years, we have acquired different licences and conformed with regulations around the world.

 

The fact that more regulations and licensing are appearing in crypto is a sign of a maturing market. A maturing market opens doors to more people.

 

The interaction between people and financial institutions has often been frustrating and difficult and we’re on a mission to change it. We provide 24/7 support with knowledgeable people and have the best rating on Trustpilot of all the crypto exchanges because our client experience is second to none.

 

We are treating people like people. We are treating their problems as our problems and this separates us from the competition. We also offer our users different vehicles of passive income without them having to understand how trading and blockchain work.

 

The future of Coinmetro

 

In the next five years, Coinmetro is heading towards a hybrid platform. We want traditional finance and crypto to be intertwined where we open doors for new clients, give access to new people and provide passive income opportunities to a much broader part of the world.

Most wealth is not created with blood, sweat and tears but because people have access to tools and resources to generate wealth passively. The problem is that so far, most of the world has had no access. Coinmetro is changing this.

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We Believe in Accessibility for All! Join us at coinmetro.com

 

By Kevin Murcko, CEO, Coinmetro