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CryptoCom Launches OTC Gateway for Institutional Customers and CRO Sets New Record High

CryptoCom Launches OTC Gateway for Institutional Customers and CRO Sets New Record High

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Answer CryptoCom Launches OTC Gateway for Institutional Customers and CRO Sets New Record High

CryptoCom, the popular exchange and payments services company, today announced the launch of its new Over-the-Counter (OTC) solution for its institutional and VIP clients.

Meanwhile, the company’s digital currency continues its high performance by drawing a new all-time high.

“CryptoCom” launches an OTC portal:

In a press release on Monday, CryptoCom revealed that the new OTC gateway will enable a small number of eligible users to receive instant quotes for large OTC deals, which are often done manually.

The solution is built around allowing institutional investors and a few high-volume retail traders to buy or sell trading pairs at a pre-approved price using a back-end pricing engine that can provide a quote within seconds.

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CryptoCom indicated that this OTC portal will allow select users to take advantage of market conditions and execute large trades as quickly as possible.

Speaking on the matter, Chris Marzalek, Co-Founder and CEO of CryptoCom stated:

We are excited to launch an OTC solution for institutional and VIP clients, allowing them to easily execute bulk deals and seize market opportunities more efficiently.

According to the announcement, only a few corporate and retail VIPs can access the new service as of now.

The platform made it clear that all institutional customers and VIPs will soon have access to this new solution.

It is worth noting that CryptoCom was founded in 2016 and this domain was purchased for $12 million in 2018.

Since then, the Singapore-based crypto company has managed to make a name for itself in the fast-growing cryptocurrency industry.

The company is currently among the top ten cryptocurrency exchanges in the world.

It serves more than 10 million users spread all over the world through a very easy to use Crypto app.

The platform contains one of the largest crypto card software in the world, the “CryptoCom Visa Card”.

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It also boasts platforms that showcase some of the biggest trends in the market, including the CryptoCom DeFi wallet and CryptoCom NFT platform.

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The digital currency “CRO” reaches a new record ATH:

At the same time, as CryptoCom continues to launch new features and expand global marketing campaigns and partnerships, CRO has gained significant momentum.

Shortly after the company won the naming rights to “Stables Center” in a $700 million deal, the CRO gained more than 50%, setting a new all-time high of $0.79.

At the time of writing this article, the cryptocurrency was trading at $0.7, ranking 13th in terms of total market capitalization.

Read also:

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