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July 03, 2019, 09:52:24 AM |
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Global tech giant, Kagiso Interactive, have launched yet another cryptocurrency-based project aimed at bringing the revolutionary technology to the masses. After launching the Kryptoro Exchange, a cryptocurrency exchange that allows users to easily purchase, store, sell and trade the most popular crypto assets, such as Bitcoin and Ethereum, they have now ventured further into the beautiful beast that is cryptocurrency and blockchain.
Kryptoro Trade, a complimentary offering to their user-friendly exchange, allows users to purchase relatively low value CFD’s in the world’s largest companies, like Google and IBM, Indices like the S&P500 or commodities such as Gold and Oil. This is all achieved through the use of bitcoin as a funding method. So, through the use of BTC users can now purchase just a mere $10 share in behemoths like Amazon, where one full share would typically set you back close to $2000.
Although this may sound like a mouthful of financial jargon, that’s exactly what Kryptoro Trade is aiming to prevent users from dealing with. So, how does this product benefit the layman on the street? as they claim. Traditionally financial markets have been plagued with multiple barriers to entry that seem so keep those on the lower end of the income scale excluded. These are things such as mandatory minimum investments, monthly management fees etc. With Kryptoro Trade users can gain the same exposure to global financial instruments with nothing more than a simple registration and just $10 of Bitcoin, which they easily purchase through the sister system, Kryptoro Exchange.
Now, from just $10, any person can have access to financial instruments traded on the New York Stock Exchange (NYSE), the London Stock Exchange and many other global financial markets. Imagine the financial freedom an 18-year-old working an internship can attain with the right investments, or an unskilled laborer who can now invest safely in the S&P 500 with the extra $20 a month they have to spare. The possibilities for financial inclusion offered by the Kryptoro Trade platform are truly revolutionary.
The Kryptoro Trade platform is another small, but revolutionary step in Kagiso Interactives’ goal of leveraging blockchain technology and crypto assets to improve the lives of all, especially those disadvantaged and disenfranchised portions of the population that are so easily overlooked in the midst of new technology innovations.
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