Recent data shows that MultiBank.io has seen a big increase in market share among top-tier cryptocurrency exchanges, cementing its status as a reliable platform for different types of traders.
Building on the success and know-how of its parent company, the cryptocurrency exchange division of MultiBank Group is quickly making a name for itself in the crypto trading world. Formerly known as MEX Digital, MultiBank.io helps clients diversify into cryptocurrency, decentralized finance (DeFi) and non-fungible tokens (NFTs).
The success of MultiBank.io comes despite a recent run of volatility in the crypto market that has raised fundamental questions over its safety for investors. The platforms resolve part of these issues as its parent entity is closely supervised by 14 financial regulators worldwide across various jurisdictions.
Founded in 2005, MultiBank Group has grown into a major player in the global financial derivatives market, especially in forex trading. Boasting a hefty paid-up capital of over $322 million and an impressive daily trading volume of $12.1 billion, it ranks among the largest and most regulated financial derivatives providers in the world.
Marc Aspinall, the Chief Commercial Officer at MultiBank Group, said: “With MultiBank Group’s solid foundation and a legacy of triumphs, MultiBank.io is set to redefine industry standards and epitomize trading excellence.”
MultiBank.io has been named the official partner of Masters-winning golfer Danny Willett. The seven-time title-winner released a series of NFTs in partnership with MultiBank.io, featuring on their website and marketing materials.
Owned by Naser Taher, MultiBank Group launched MultiBank.io in 2022 as a global digital asset exchange that offers trading in the world’s top cryptocurrencies. The group has also set up MEX Pay, an electronic money institution offering online banking for both individuals and businesses, enabling customers to trade and bank in traditional currency as well as cryptocurrency.