VANCOUVER, British Columbia, Jan. 30, 2018 (GLOBE NEWSWIRE) — Historically, it’s been more of a hassle for Canadian cryptocurrency traders and enthusiasts alike to trade in digital currencies compared to their American counterparts. A Canadian company called “Central Crypto Exchange Corp.” is aiming to solve this problem by launching a brand-new cryptocurrency trading platform named CoinField, that’s “made in Canada”.
What sets CoinField apart from the competition is the fact it will be launching with an impressive portfolio of six major coins available to Canadians; Bitcoin, Ethereum, Ripple, Dash, Litecoin and Bitcoin Cash. The Canadian digital currency exchange promises to add new coins every 2 or 3 weeks to grant Canadians access to a wide variety of coins available on the market today.
One of the biggest challenges Canadians face when getting into cryptocurrency trading is the “Verification & KYC” process which could take up to 4-6 weeks for certain exchanges. CoinField cuts this step down to a matter of seconds by automatically approving users based on multiple algorithms. Risk-averse traders should also be happy to know they don’t have to send their investments outside Canada, since CoinField is a Canadian cryptocurrency exchange promising to keep everything transparent.
Security is one of the most important challenges for digital exchanges operating today and CoinField adopts a remarkable approach to this challenge. The trading platform uses top notch security features such as multi-signature wallets, server isolation, two-way authentication factor to help protect users’ accounts, advanced DDoS protection, 256-bit SSL, PCI compliant storage for sensitive user information and a multi-layer secure digital vault to store digital assets offline. All the aforementioned features have been designed and implemented with the purpose of providing users a worry-free, safe trading experience.
Company executives have stated they expect 8,000 to 10,000 users signing up with the platform in the first month following the launch. They attribute these numbers to the fact that CoinField will be offering a highly secure trading platform along with the largest and the most comprehensive portfolio of coins to be available in Canada. Already having addressed issues with anti-money-laundering (AML) and know-your-customer (KYC) regulations, CoinField will allow users to sign up and fund their wallets with Canadian Dollars in a matter of seconds. The platform also plans to offer a whole month of commission-free trading to early members, which company executives believe it will help generate buzz about the up-and-coming exchange.
Speaking about the importance of today’s announcement, CO-founder and CEO of CoinField, Babak Ras, said, “We believe cryptocurrency & blockchain is the future of our global economy and Canadians deserve to be able to invest in this technology just like their American counterparts. There are a lot of American exchanges south of the border but in Canada, as interest in cryptocurrency is gaining momentum, the lack of a solid exchange is apparent. We aim to address this and raise awareness by making a central cryptocurrency exchange to allow seamless investment opportunities for every Canadian. We plan to enter the market very aggressively and I’m happy to announce that we have a unique marketing campaign which soon will surprise everyone in Canada.”
CoinField is a wholly owned subsidiary of Central Crypto Exchange Corp. based in Vancouver, with the mission of making a seamless cryptocurrency trading platform accessible to Canadian traders to build a more secure, faster, and more inclusive digital economy.