The crypto market continues to grow, fueled by a strong demand for blockchain solutions. This includes Terrexa, a freshly-launched blockchain company that constitutes one of the newest entrants into the cryptocurrency space. The group is powered by Leverage, and will aim to enable users to exchange fiat currencies for cryptocurrencies.
In particular, the new service will function under the brand name Terrexa and is owned and operated by a company called Prime Marshall. Terrexa is launching its new service through a high-end technological integration that will be powered by financial technology and software provider, Leverate. Leverate will not be providing technological solutions once the company is operational however.
Amir Haimpour, Senior Product Manager at Terrexa, told Finance Magnates that the company has placed a great deal of emphasis into creating a product that will provide the best possible user experience, which will make it easier to conduct transactions, as well as create a more enjoyable environment for users.
Commenting on the impending launch of the new service by Terrexa, Mr. Haimpour said: “Cryptocurrencies have introduced the world to the inception of government-free currencies – an amazing achievement. This paved the way to facilitating a new, decentralized cross-border means of payments – the New Form of Money.”
He added: “Many people are claiming that cryptocurrencies are merely a mirage. However, I believe that once we’ll have a sufficient regulatory framework, there will be no more questioning of whether it is here to stay or not, rather the focus will quickly shift to a global ongoing effort to start realizing all the possible different applications of cryptocurrencies and DLT. At Terrexa, we are dreamers, and our new exchange service and digital wallet are the opening shot. We have already started planning our next steps in this fascinating ecosystem.”
Terrexa has exclaimed to boast a better user interface than that of competing companies in the industry, including Coinmama, but the company has mentioned that it is also using its financial industry connections to lower the cost of transactions, as well as to provide clients with the best possible pricing for exchanging fiat currencies for cryptos.
At the time of the launch, Terrexa will initially offer both Bitcoin and Ethereum on their platform. Clients can currently only request ‘sell’ orders of the digital coins, although the company expects to enable buying in the near future.
The current outline is to include additional digital currencies, including Ripple, Litecoin, and Bitcoin Cash in the near term and to move forward once all aspects of operation have been recorded successfully.