deVere Crypto adds Ethereum Classic and ZCash
We’ve added another two cryptocurrencies to deVere Crypto this week: Ethereum Classic and ZCash.
These latest two digital currencies join Bitcoin (BTC), Ethereum (ETH) Litecoin (LTC), Ripple (XRP), Dash (DASH), Monero (XMR) and Bitcoin Cash (BCH) that users can buy, sell, store and exchange on the app.
All major cryptocurrencies are now featured on deVere Crypto, as even though Bitcoin is still the dominant digital currency, with 58 per cent of market capitalisation, there is so much more out there.
Each digital currency holds its own unique strengths, properties and uses for investors.
We’ve seen robust demand among existing and potential investors recently for Ethereum Classic and ZCash, so I’m excited that they are now on the app.
There are two key factors why we are continuing to expand our suite of digital coins.
First, more and more clients are realising and understanding the fact that cryptocurrencies are moving more into the mainstream than ever before, and therefore they want a truly diversified crypto portfolio.
Second, digital currencies aren’t going anywhere. The sector is growing all the time and now has an even bigger role within the global financial system.
I am absolutely certain that the demand for digital currencies will only increase in the future. As such, it’s essential that clients are privy to the most extensive selection of major, proven coins.
With the wider crypto market now in bear territory, it’s important that investors focus on the bigger picture. Indeed, for most investors, market volatility is viewed as a buying opportunity, and they consider cryptocurrencies are the future of money.
These savvy investors know that more stringent regulations are becoming more and more inevitable and may happen much sooner than first thought.
Furthermore, they can see how an increasing number of major businesses, investors and global financial institutions are working with digital currencies and blockchain.
More importantly, they recognise that the recent sell-off is simply the maturation of a relatively new market, and realise they need to either buy and focus on the long-term, or, miss out entirely.
As any crypto expert will tell you, the peaks and troughs are a normal part of the digital currency market.