Press Release

World’s First Digital Bank Kyrrex Goes Next Level in Crypto Space

Kyrrex is a world-wide investment, payment, and financial space. It is also considered as the first digital bank in the world which continues to get popularity in the crypto space and also attracts new users.      

Kyrrex and its Success

Kyrrex is a regulated crypto-fiat platform that offers retail and institutional clients a one-stop-shop cryptocurrency trading, payments, and custody experience.

Moreover, in 2018, the crypto-fiat ecosystem Kyrrex was launched by Viktor Kochetov and Mykhail Romanenko with the aim of providing a wide collection of products and services.

Users who work with digital assets on a daily basis will find Kyrrex to be helpful and secure. At present, its main product is Kyrrex Crypto Exchange, which facilitates cryptocurrency transactions.

Kyrrex Token (KRRX)

KRRX token offers various conditions for communicating with Kyrrex functions and services, it offers more advantages for all KRRX holders. On Nov 30, KRRX token was listed on the crypto exchange HitBTC. Then the KRRX token is present on Bittrex Global. 

In addition, KRRX has been listed on CoinMarketCap and Coingecko. Moreover, the platform is a main step for Kyrrex which indicates that KRRX is getting more attention from the top crypto platforms. 

License on Kyrrex

From the Malta Financial Services Authority (MFSA) Kyrrex has got the highest Virtual Finance Asset (VFA) license. More so, the company has been positioned in a place where they can offer services to investors with complete confidence that users’ assets are safe. 

Added to this, Kyrres is able to offer its customers crypto based offerings with the Class 4 VFA license. These offerings normally include  trading programs, a deposit program, crypto payment services, as well as crypto-to-fiat and fiat-to-crypto exchanges. More so, the exchange’s first license is offered in Estonia. 

Key Features of Kyrrex (KRRX)

Social Trading: This feature allows users to follow other traders for a fixed fee. There are three payment methods: fiat currency, cryptocurrencies, or KRRX tokens.

Multi-Account Management: This feature includes the services of a manager or trader in return for a share of profits.

Referral Program: Users will receive a bonus if they refer three or more friends.

Online Banking: This feature will be available in the Q4 2022 and provides 20% cash back on card transactions. Moreover, the users who pass verification on the exchange will get 20 KRRX tokens.

Furthermore, the raised funds will be allocated for the ecosystem development of products, marketing, legal support for getting the licenses in the new places and also insurance funds. Evenmore, the mentioned categories will account for 45%, 35%, and 10%. 

All-in-all, the Kyrrex has a very big community in Telegram where members can develop discounts for all the updates and main news via AMA sessions. 

Ananthi R

Crypto trading has enticed Ananthi R to write for TechBullion. She consistently contributes news and feature articles. She has covered several different blockchain and crypto niches, especially altcoins.

Published by
Ananthi R

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