Altcoins Talks - Cryptocurrency Forum
Learning & News => Tokens/Coins Offerings (ICO, IEO, etc.) => Announcements [ANN] => Projects Updates & Press-releases => Topic started by: Malam90 on January 22, 2021, 01:32:25 AM
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Today sees the launch of the first crypto stock exchange: AnyCryptoStock. It is a decentralized, cross-chain exchange that harnesses the power of the blockchain for fast and secure transactions.
AnyCryptoStock is already operational and allows trading of crypto stocks issued by the Crypto Stock Foundation, in pairs with the USxD stablecoin (USxD).
Crypto stocks are ERC-20 tokens that represent the shares of leading publicly traded companies. On AnyCryptoStock, it is finally possible to buy the shares of Google, Amazon, Apple, Tesla and many more in the form of cryptocurrencies.
AnyCryptoStock fully embraces the Crypto Stock Foundation’s philosophy of offering a new financial instrument that is suitable for everyone, from professional traders to small savers, bringing together the crypto sector and traditional financial markets.
AnyCryptoStock embodies this philosophy by offering a 24/7 trading service that is fast and easy to use, with transactions validated in seconds.
Users simply sign up, deposit Bitcoin (BTC) or Ether (ETH), exchange them for USxD and start trading crypto stocks. It is possible to purchase a whole crypto stock or just a fraction. For this reason, AnyCryptoStock describes itself as “democratic,” akin to a blockchain.
The purchased USxD and crypto stocks can be stored in any wallet that supports the ERC-20 standard.
AnyCryptoStock prioritizes the user and their security: Being decentralized, the platform does not collect or store the data of users who sign up for its services, nor does it hold any funds, seeds, passwords or other credentials of its members. This protects the system and its users from the risk of attack or theft.
“We believe that Crypto Stocks can be the future of investments,” declared the team that developed AnyCryptoStock. “Until now, the world of traditional finance has remained exclusive to a few traders or investors. Instead, AnyCryptoStock removes the middleman and gives everyone, regardless of their investment budget, the ability to start trading the shares of Google, Facebook, Netflix, among many others. We are looking forward to the Crypto Stock Foundation issuing more crypto stocks so that we can list and offer them to our users.” Source (https://cointelegraph.com/press-releases/first-crypto-stock-exchange-launches-today-anycryptostock)