Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: RSRS on July 17, 2021, 07:21:22 AM
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Rain is the first crypto-resource service provider authorized by the Central Bank of Bahrain. It has reported more than $1 billion in exchanging volume during the primary portion of 2021.
The platform’s exchanging volume saw twenty times growth in the initial half-year of 2021. This is Contrasting with a similar period last year. The growth was driven by the expanded familiarity with the digital currency industry and the change in outlook among financial backers.
In spite of the beginning of Covid-19, the platform developed its user base by nine multiple times in the principal half of 2020. This contrasted with a similar time of 2019, with more than 100,000 active clients today. Rain Management said it had expanded its group to 105 representatives. Zeroing in on client support, activities, and innovation to satisfy the current need.
Rain’s director, Joseph Dallago, said: “We’ve always recognised the unique position of the Middle East and its untapped market. 2020 expedited digital adoption in the region that surely had a positive effect on our growth. We are excited to see the mass adoption of cryptocurrencies by governments and consumers.”
More information (https://cryptonews.net/en/news/market/1084847/)
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The news comes on the back of surging interest around the game, which has seen its native AXS token rise more than 500% in value over the last 30 days, per CoinGecko. (The price has fallen about 15% since setting an all-time high earlier today, however.) According to developer Sky Mavis, Axie Infinity has also generated more money in fees—some $35.8 million—over the last week than Ethereum or Bitcoin, via marketplace and monster-breeding fees.