The rapid growth of the crypto-currency market has attracted attention of governments, regulators, and classic financial institutions. In January 2018 the global crypto-currency market just passed the $700 billion in value and it is expected to reach 5 trillion USD by 2021. It is obvious that crypto assets are here to stay and attract new users and followers.
Despite the fact that there are dozens of cryptocurrency exchanges on the market, there is still a room for new generation of Exchanges on the market. New exchanges have to be clean from the start, to follow regulation rules, KYC/AML/CTF procedures.
We expect some of the existing exchanges with unclear or doubtful origin will be shut down within next two years. Due to their uncertain origin they won’t be able to build positive and long- term working relations with governmental authorities, regulators and financial institutions. We estimate that within next two years dozens of new exchanges will be launched, before the market achieves visible saturation.
There are number of problems/issues with the existing exchanges, which we will rectify and solve at AIREXE crypto-fiat exchange.
AIREXE will strictly follow and comply to regulations, licensing requirements, taxation and will operate completely legally.