MultiBank.io market share grows in cryptocurrency trading space

abdelaziz Fathi

Recent data shows that MultiBank.io has seen a big increase in market share among top-tier cryptocurrency exchanges, cementing its status as a reliable platform for different types of traders.

Building on the success and know-how of its parent company, the cryptocurrency exchange division of MultiBank Group is quickly making a name for itself in the crypto trading world. Formerly known as MEX Digital, MultiBank.io helps clients diversify into cryptocurrency, decentralized finance (DeFi) and non-fungible tokens (NFTs).

The success of MultiBank.io comes despite a recent run of volatility in the crypto market that has raised fundamental questions over its safety for investors. The platforms resolve part of these issues as its parent entity is closely supervised by 14 financial regulators worldwide across various jurisdictions.

Founded in 2005, MultiBank Group has grown into a major player in the global financial derivatives market, especially in forex trading. Boasting a hefty paid-up capital of over $322 million and an impressive daily trading volume of $12.1 billion, it ranks among the largest and most regulated financial derivatives providers in the world.

Marc Aspinall, the Chief Commercial Officer at MultiBank Group, said: “With MultiBank Group’s solid foundation and a legacy of triumphs, MultiBank.io is set to redefine industry standards and epitomize trading excellence.”

MultiBank.io has been named the official partner of Masters-winning golfer Danny Willett. The seven-time title-winner released a series of NFTs in partnership with MultiBank.io, featuring on their website and marketing materials.

Owned by Naser Taher, MultiBank Group launched MultiBank.io in 2022 as a global digital asset exchange that offers trading in the world’s top cryptocurrencies. The group has also set up MEX Pay, an electronic money institution offering online banking for both individuals and businesses, enabling customers to trade and bank in traditional currency as well as cryptocurrency.

Read this next

blockdag

Top 5 ICOs that are Likely to Explode in the Current Bull Run 2024

Explore top upcoming ICOs: BlockDAG, GBTC, TUK, SCOTTY, and SPONGE. Learn about their potential high returns and unique features.

blockdag

BlockDAG’s Revolutionary Dev Release 36: Off-Chain PoW and a $30 Projection by 2030

Explore BlockDAG’s latest off-chain PoW innovation and its $32M presale success. Projected to reach $30 by 2030.

blockdag

30,000x ROI Potential: BlockDAG Secures $33.5M in Presale, Outruns Retik Finance’s Bitmart Performance

Uncover how BlockDAG’s impressive $33.5M presale and its innovative platform draw investors away from Retik Finance following the Bitmart listing.

blockdag

IT Professional Switches to Lucrative Crypto Mining Entrepreneur with BlockDAG’s Advanced Mining Technology

Learn how an IT pro turned Litecoin mining into a fortune. See if BlockDAG can match this with advanced mining tech and 30,000X ROI potential.

blockdag

May 2024 Crypto Spotlight: Why Whales Are Choosing BlockDAG Over Retik Finance, Will CoinW & P2B Listing Save $RETIK?

Uncover why BlockDAG is winning over smart investors in May 2024, and surpassing Retik Finance’s performance on exchanges like CoinW and P2B.

blockdag

Ethereum Leads Altcoins Toward a Huge Rally: Expert Top Picks for Altseson Unveiled

A fresh surge in alternative cryptocurrencies is building momentum as Ethereum leads the charge.

Chainwire

BEVM Unveils Groundbreaking Taproot Consensus for Decentralized Bitcoin Layer 2 Solution

On May 20, 2024, the Bitcoin Layer2 development team BEVM released the technical yellow paper titled “Taproot Consensus: A Decentralized BTC Layer2 Solution.”

blockdag

AI Cryptos to Pump Hard After NVIDIA’s Q1 Earnings 📊

The recent earnings from a tech giant have hinted at a significant upswing for AI-focused cryptocurrencies.

Retail FX

Weekly Roundup: Republican to end Fed, Bankman-Fried moves to California

Let’s take a look back at top stories that dominated the financial markets in our Weekly Round coverage. This week’s digest takes a deep dive into the most recent events and trends within the Forex, Fintech, and cryptocurrency.

<