Current state of the crypto niche and analysis of Cryptofon exchange

It has been twelve and a half years since the dream of achieving the financial freedom of the people had taken its first step with the launch of Bitcoin. Over these past twelve years, the cryptocurrency industry emerged, with countless revolutionary projects slowly but surely contributing to its development, adoption, popularity, functionality, and more.

These days, in 2021, the crypto sector has gone through a lot, and against all odds and claims of being a bubble, it is still here, stronger than ever. It managed to go global, it managed to attract investors, and as of earlier this year, its market cap even went into trillions.

Of course, one of the main components of the crypto world — something without which none of this would have been possible — are crypto exchanges. Crypto exchanges are companies that emerged to make it easy to trade cryptos and invest into them. Over the years, they have advanced a lot, developing user-friendly technologies, adding countless analytics and trading features, and more.

And sure, they had their own troubles, such as major hacking attacks, tech issues, regulatory problems, and more. However, these days, a lot of said issues have been resolved, with the exchanges’ security being significantly improved, and many of these companies are now compliant with regulatory guidelines.

Still, crypto users struggle to find the best exchanges, constantly seeking new platforms that would have more trading pairs, lower fees, better security, more features, greater precision when it comes to analytics tools, and alike. This constant search for improvements has led to the creation a fully licensed exchange known as Cryptofon.

What is Cryptofon?

Cryptofon is a fully licensed cryptocurrency exchange headquartered in Estonia. The exchange is very young, only launched a few months ago, in early 2021. It was established by two forward-thinking investors who recognized that the future of crypto will bring great demand for licensed and fair crypto exchanges, which is why they made an effort to offer just that to their current and future investors, and get ahead of the curve.

The two partners are known as Mr. Ibrahim Kalem and Mr. Hakan Atabaş. The two saw that the crypto money industry is the industry of the future, and without any doubt in the fact that the crypto industry will survive, they decided to embark on a new adventure of investing in the future.

They realized that investors typically choose to be on the commission side of the crypto business due to the high risks that the industry carries with it. So, they came to the conclusion that one of the most important investment tools of the future is crypto exchange licenses.

Unfortunately, the licenses are not easy to obtain, but the effort is worth it, as the Cryptofon founders believe that they will become very valuable, very soon.

So, what they did was invest around 337,000 EUR in order to launch the exchange, equip it with the best cybersecurity measures they could find, and integrate it with many service infrastructures, including BitcoinAverage, Bitgo, Pusher, OVH, Simplex, and others.

The platform is now growing rapidly, pursuing a globalization layout, which it already managed to achieve to an extent by setting up localized trading service centers in multiple countries. To them, it was also very important for the platform to be able to ensure the fast flow of assets, and, most importantly, their vision was and still is to increase the freedom of money, globally. They firmly believe that they can significantly improve the lives of people around the world if they continue to spread that freedom, which is exactly what they are doing with Cryptofon.

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