A whole world is running behind with a crypto platform built using technology familiar to forex traders, potentially injecting new capital into the market.
But Forex traders have long been interested in what cryptocurrencies have to offer. There’s just been one problem: they often aren’t available on familiar platforms.
Now, a company called BuddyX will launch an advanced crypto forex platform using the Forexverse and meta space technology that unlocks access to crypto-centric media and products. BuddyX will also change the dynamics of trading using MT5, meaning new digital assets and derivatives such as contracts for difference are available through a tool they know and trust.
BuddyX is ready to launch a platform that combines the worlds of cryptocurrency, forex trading platform with advance earning capabilities within the Forexverse community. The Forexverse industry refers to a virtual reality space where users can interact with each other and digital objects in a simulated environment and help to improve the crypto and trading experience for better growth.
Buddy’s ecosystem will also allow users to buy and sell cryptocurrencies and forex assets within the advance Forexverse community, using virtual currencies or BuddyX tokens. This could create a new way for traders and investors to engage with these markets and could potentially attract a new audience of users who are interested in the metaverse.
BuddyX team says in a recent interview that BuddyX Forexverse community is developing a solid and advanced infrastructure that will be built in response to growing demand from those who, until now, have only focused on foreign currencies. The company also believes the platform will be helpful for traders who want an alternative to buying and selling digital assets on crypto exchanges through BuddyX platforms.
The team behind BuddyX acknowledges that the marketplace is competitive and becoming increasingly crowded. To this end, it has focused on addressing some of the main pain points traders face when using existing platforms.
Know Your Customer or KYC checks have been a central sticking point for many — not least because of how entering passport details and identification numbers can be a time-consuming, arduous process. To this end, the BuddyX team says it provides a simple, fast registration process that eliminates as many steps as possible, allowing users to enjoy anonymity and enter the next generation crypto Forexverse.
So customers can use BuddyX platform and its digital asset 24/7 through a secure crypto wallets platform. All the deposits will also be accepted in Bitcoin, TRON, ETH, and True USD. Once transactions are completed, most funds are stored in smart contact. This can help worldwide community to solve the liquidity problem. As much as The BuddyX platform and its digital asset grow the liquidity pool size increase and use for Crypto and forex trading platform to make more profit.
However, without more information about the specifics of the platform, it’s difficult to say exactly what BuddyX Forexverse community offer or how it will work. It will be interesting to see how BuddyX approaches this concept and what kind of features and capabilities it will bring to the table.
Conclusion
BuddyX will be the world’s first cryptocurrency Forex Platform based on the Forexverse industry, BuddyX is also creating an advanced combination of crypto and forex using the next generation technology called metaverse and meta space for derivative trading, Digital Asset Holdings, Digital Asset Staking, and much more. BuddyX also working on an innovative leveraged trading platform that will allow cross-market trading using Bitcoin as the underlying asset.
For More details you can join BuddyX official telegram channel all social media platform for instant update.
