Press Release

CoinMetro exchange launches open beta

Users can now explore the venture's exchange platform and wallet

Tallinn, Estonia, 25th September 2018CoinMetro, the tokenised exchange platform, today announced the launch of its open beta, where users can now test two-versions of the exchange platform – a ‘simple exchange’ and an ‘intermediate exchange’ – in addition to its multi-currency wallet. The open beta platform currently permits paper trading, allowing users to simulate the crypto market experience, with the full platform expected to go live later this year.

The CoinMetro beta exchanges allow users to effortlessly monitor quotes, analyse price histories, place orders, and check positions – all backed by real-time market data and order execution technology. The beta incorporates some of the leading cryptos – BTC, ETH, XRP, LTC and BCH – as well as the Dollar (USD), and introduces new community features, including the ability for users to chat with others within the platform.

Based on an intuitive design, CoinMetro’s ‘simple exchange’ screen is easy to pick up and go – designed for beginner users or those looking for a no-frills experience. With this display selected, customers are guided through a straightforward, step-by-step process for buying and selling crypto, with clear explanations at each stage.

CoinMetro’s ‘intermediate exchange’, by contrast, offers a broader range of features for price monitoring and analysis. Here, users will find multiple charting options, including candle, mountain, bar, and line charts. At the top of the screen, users will find an adjustable price history for cryptos, fiat currency, and cross charts between two selected currencies. In the lower left-hand corner, the intermediate exchange presents ‘exchange cards’ containing price and volume information. Here, quantities can be tuned with a selection slider, and transactions are confirmed with double-click execution. A “QuiXchange” allows users to save their favourite pairs to exchange, enabling rapid switching between trading pairs.

Major stepping stone

Kevin Murcko, CEO at CoinMetro, says: “Crypto needs a marketplace that is accessible to all – one that caters to both beginners and advanced traders. With our current version now live for the public, we’re showcasing just how far we’ve come in achieving that goal. Our web-based beta has been built with ease of use in mind and is a major stepping stone in terms of our ultimate goal of producing a fully-integrated and regulated exchange, trading, and ICO platform.

“Creating a user-friendly experience for this open beta – one that doesn’t exist at the expense of functionality – has absolutely been front of mind for us. We’ve listened intently to all the feedback we received during our closed beta, and have implemented as much as possible for the open beta experience. We really value the CoinMetro community and their continued support, and we’re looking forward to receiving valuable feedback during this period.”

Created by the team behind regulated forex broker, FXPIG, the full launch of the CoinMetro platform will combine the three major components of the digital economy – a crypto exchange, a trading platform, and an Initial Coin Offering (ICO) platform. Disabled for the current open beta, CoinMetro’s trading platform and ICO platform will be available at the full launch, as will additional investment options, such as professional asset management and crypto ETFs. Multiple fiat currencies (EUR, USD, JPY, GBP) will also become available.

CoinMetro is fully regulated for crypto trading activities, having secured two licenses from the Estonian government earlier in the year. It is currently seeking an e-money licence from the UK’s Financial Conduct Authority, and is consulting with regulatory authorities in Australia and Mexico.

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