Location and Date: coinpass, a centralized exchange awarded with the "Best Crypto Exchange Platform 2020" award, has launched a simple-to-use app across the UK to allow its users to make payments across the globe and exchange cryptocurrencies within a safe and technology-driven infrastructure. The aim is to make it easier for the residents of the UK to purchase and manage a portfolio of cryptocurrencies including Bitcoin, Ethereum, and Ripple straight from their mobile phones.

“The UK is fast becoming a major market for digital asset investing as the interest in alternative asset classes grows in the citizens as well as government,” said Jeff Hancock, CEO of coinpass. “coinpass is proud to provide a method by which people can easily invest in digital assets directly from their mobile phones without having to learn how to navigate complex trading exchanges or managing their private keys. We are excited to launch our local UK trading app which will make investing even easier and more efficient.”

coinpass mobile, available free of charge on the App Store and Google play, simplifies the entire on-boarding and investment process by allowing users to create their own secure, customized portfolio of digital assets without going through multiple KYC set-up hurdles.

Jeff adds, “At coinpass, we believe the future of crypto requires fiat money and cryptocurrency to join hand in hand, as many of the big names in banking implement crypto onto their platforms. We see the lines being blurred between traditional finance and crypto into a single digital layer. We all must take a step forward in educating ourselves about cryptocurrency. It's the future of finance, there's no doubt about it.”

With coinpass, users will instantly be able to rebalance their portfolio, monitor profitability on their dashboard, or liquidate their positions at any time with a few clicks. Users can also withdraw money in the country via bank transfer (FPS).

How does it work?

coinpass Mobile allows users to send, receive peer to peer payments, buy, sell, and HODL multiple cryptocurrencies on a single platform. At launch, the top five cryptocurrencies will be supported including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and Ripple, with more to follow. Transactions on the app are seamless, all withdrawals and deposits can be processed via bank transfer.

Why coinpass?

The modern-day digital exchange market is filled with multiple choices, thus making it difficult for novice and veteran crypto users to choose the right exchange or trading platform. coinpass is awarded as the best cryptocurrency exchange platform for trading in 2020 by the media giant, the City AM, and the launch of the coinpass mobile has been designed to make crypto adoption easier for users, especially for the people of the United Kingdom.

Have confidence knowing your crypto assets are covered by insurance your funds are safely held in offline cold storage and will always remain within the boundaries of the UK. coinpass Mobile is also tested for speed, reliability, and quality service even during peak market times to ensure the users get the service they deserve. In case of an issue, coinpass offers top of class quality customer service, around the clock to ensure no questions are left unanswered.

Why the UK market?

With the growing interest of the Bank of England and the UK's citizens in digital currencies, it's clear that the exponential growth of cryptocurrencies and blockchain technology has caused ripples across the country's financial services sector. Today, the country is home to millions of crypto wallet users, which raise the demand for a solution that is reliable and extremely secure. Keeping this demand in the mind, coinpass created a UK-based solution, which offers cold storage to ensure the security of digital assets, remains within the boundaries of the United Kingdom.

About coinpass

coinpass is a UK-based cryptocurrency exchange platform, founded by brilliant-minds to solve the demand for fast, reliable, professional, and high-quality financial service products for crypto-to-fiat trading in the United Kingdom. The platform provides a seamless and user-friendly experience when purchasing top cryptocurrencies with GBP sterling.

coinpass aims to deliver an investing and trading platform experience that enables novice and professional traders and businesses to leverage its proprietary trading platform to access the crypto world with better support and low fees. The vision is to be a global leader in the digital finance space by striving each day to bridge the gap between traditional finance and digital assets.