Crypto.com, right only a day after Trump’s inauguration, announced the launch of its institutional-grade exchange – Crypto.com Exchange – for US markets. This more comes amid the prospects of the pro-crypto regulatory environment as the United States completes the appointment of the new President.
The re-launched Crypto.com Exchange will offer institutional traders and users sitting in the US, to be able to trade in over 300 Cryptocurrency and 480 trading pairs via its platform. The revamped Trading Interface that was launched in the exchange last year will provide speed optimisation and maximize responsiveness to its users.
Crypto.com CEO Bullish about US Markets
As the World’s leading USD-supporting Cryptocurrency exchange, Kris Marszalek, CEO and Founder of Crypto.com, hailed the move as, “Today is Day 1” – making his comment aligning with President Trump’s Day 1 too.
He also expressed enthusiasm about the exchange’s deep liquidity, stable banking rails, robust APIs for most demanding high frequency traders, competitive fees and white glove services for all VIPs.”
#1 in the U.S. pic.twitter.com/l3rdloHYT2
— Kris | Crypto.com (@kris) January 22, 2025
Key Features for Crypto.com Exchange users
Citing the improved investment in technological capabilities, exchange provides users the flexibility to withdraw USDC at 1:1 ratio. No conversion fees will be charged from the users on this.
Instant transfers via CUBIX, OTC services, WebSockets and REST APIs are also available for institutional clients – to reduce trading latency. With maker fees as low as 0%, Crypto.com Exchange aims to provide to its users features like advanced order types, sub-account creation, high-frequency trading capable of supporting 64 million transactions per second with 370-nanosecond matching latency.
With the mobile app of Crypto.com for retail investors is already available in the US markets, this launch of the web version can lead to more US users accepting the platform.
Though the mobile application of Cryoto.com gained prominence among US users, it does face customers’ heat for poor customer support.
Hopes for positive crypto jurisprudence
As mentioned, it is not the first time that the Singapore-based Exchange is making efforts to secure a market place in the US. In the year 2022, it did test an early version of the Crypto.com Exchange. However, due to limited demand in the US market, it ended up shutting down. Further reason involved its complicated relationship with the US regulatory agency, Securities and Exchange Commission (SEC). In October 2024, it sued the SEC to give “warranted response” to the federal agency following receipt of a Wells Notice. It called the notice “unauthorised and unjust”.
However, now with the new administration and recent appointment of new SEC Chair and recent decision of SEC to open a Crypto Task Force augurs well for the US Crypto Jurisprudence. Crypto.com has already expressed its “bullish hope” for the US markets and its exchange launch has made it enter the most competitive market in the World and secure its place.
The post Crypto.com relaunches its Exchange in the US markets appeared first on CoinGape.
