The Burency Exchange is a REGULATED EXCHANGE PLATFORM that addresses key challenges including security, liquidity, fiat to crypto transactions and vice versa, and more. The exchange is one of THE WORLD’S FULLY INSURED PLATFORMS, with coverage provided from LIoyd’s of London through the Nebbex Protocol.
The exchange will initially launch with 50 coins which have the highest demand in the market, particularly in the Middle East region. Any coins to be added further will be determined by management and client voting, given that chosen coins are eligible for insurance coverage.
Burency is seeking formal regulation and licensing in the Middle East, starting with Bahrain and-or UAE. Full regulation will enable higher volume of transparent transactions which will hopefully alleviates liquidity challenges as users’ trust in the exchange is boosting.