With the future of cryptocurrency at a serious crossroads, players in the industry are realizing they can no longer settle for the status quo. One exchange, recently launched by CEO Rudolf Medvedev is focused on shaking things up. Ternion is a hybrid crypto exchange with a fiat gateway and integrated merchant services.
So what’s the big deal? Aren’t there others claiming something similar?
Yes, it is true. Others claim to be doing what Ternion does, but Ternion is actually doing it. What makes Ternion unique is that it is simply following through with proper KYC and AML tactics as well as offering a clean and secure experience. Ternion recently acquired a European cryptocurrency trading license. This regulated license makes it the second regulated exchange in the world after NASDAQ.
The entire Ternion team believes very strongly that a lack of regulation has hurt the crypto ecosystem and if it wants to expand it needs to become more regulated without impeding its hybrid system.
Think about it – they’re right.
The last 9 months have seen cryptos fall from their peak, often times due to a lack of regulatory oversight directly connected to security issues. Building an exchange that operates within the unified European guidelines will go a long way to mitigate issues that are affecting cryptomarkets today.
Beyond an Exchange
Ternion is more than an exchange. The platform is an expanded financial ecosystem that boasts a payment processor and liquidity fund. These components are part of the attraction Ternion has with traditional financials. These added tools help Ternion bridge decentralized currencies with a centralized exchange, built for retail investors, institutions, businesses, and experienced crypto traders.
With cryptos struggling to widen their user base, Ternion appears to be a solid answer to the many problems facing the industry. With its seamless user interface, 24/7 customer support, focus on traditional investors, and transparent activity, the Ternion team has built an incredible exchange which promises to be a leading force in the industry.