15 July 2021 - MultiBank Announces Upcoming Launch of MEX Digital
JULY 15, 2021 - Multibank Group, one of the largest financial derivatives brokers worldwide, is set to launch a global cryptocurrency exchange, MEX Digital. This launch marks the beginning of an immense roll-out of products and services across the cryptocurrency and blockchain industry.
As digital assets continue to revolutionize multiple sectors, MEX Digital is investing heavily in technology, development and forging strategic partnerships to ensure the delivery of the most progressive, integrated and regulated financial ecosystem in the world.
“This is a significant milestone for the MultiBank Group,” said group chairman Naser Taher. “We have been analyzing the cryptocurrency markets for a number of years, and spent the better part of 2020 building an exchange that meets the high expectations that current MultiBank customers have become accustomed to. This exchange is only the beginning.”
MEX Digital will be launching in Q3 2021.
About MultiBank Group
Established 16 years ago in California, the MultiBank Group has consistently invested in technology to enhance their financial portfolio, ensuring not only scale and scope but improving user experiences and offering new trading opportunities.
The Group and its subsidiaries are licensed and regulated worldwide through respected authorities including ASIC in Australia, BaFin in Germany, FMA in Austria, CNMV in Spain, FSC in the British Virgin Islands, CIMA in the Cayman Islands, and DFSA in the United Arab Emirates.
This means that clients can trade with full confidence while enjoying complete security of funds with segregated accounts, the most favorable trading conditions including leverage up to 500:1 on a wide range of over 1,000 instruments, the tightest spreads in the industry starting from 0.0 pips, and 100% ECN platform.
Today, the MultiBank Group boasts a paid-up capital of over US$322 million, a client-base of over 320,000 and a daily trading volume of over US$7 billion, making it one of the largest financial derivatives providers worldwide.
For more information about the MultiBank Group or any of their products and services, please visit the website.