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Here’s how the SBI VCTRADE XRP-centric plans become number one

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As of May of this year, the managing director of SBI Holdings, Yoshitaka Kitao has always believed that the exchange of cryptocurrency VCTRADE became the number one in terms of trading and of total user experience. It is said that:

When we do that, it will be the number one eyeball so quickly, so even if a huge number of customers arrive, we can build a system that can withstand. We must fully pursue security.

VCTRADE was publicly launched on 17 July and has recently been reported to have been flooded with new registration applications until it has posted a notice on its website stating the following:

We are making progress as soon as possible so that we can proceed smoothly into our company, but for the time being we receive more application than expected, it may take more time than usual. We appreciate your understanding in advance.

So, how does the exchange of cryptocurrencies VCTRADE become the number one?

According to recently released financial data from SBI Holdings, they plan to create synergies through the creation of a new ecosystem based on digital resources and

  • Expansion of investments in national and international investments based on patrimonial assets
  • synergies within the ecosystem of digital resources and synergies with the existing financial ecosystem
  • Creating the necessary conditions for the revitalization of the cryptocurrency market [19659010] A synergy is defined as the Interaction or cooperation of two or more organizations, substances or other agents to produce a combined effect greater than the sum of their separate effects.

    Compared to the Exchange of virtual currencies SBI (VCTRADE), the company plans on:

    1. Acquiring customers through the provision of customer service services of higher quality cost than competitors
    2. Providing the tightest spreads and high-level security for customers / customers
    3. Implement a future service expansion policy that could include unattended trading of BTC, BCH and XRP on VCTRADE
    4. Provide superior deposit and withdrawal services with stringent anti-money laundering measures and security
    5. The addition of Ethereum (ETH) on the platform
    6. Accelerate the encryption activities with the CoVenture Holding Company: an asset management company based in the United States and Co-founded by SBI [19659008] Starts a cryptocurrency exchange service through Clear Markets in the United States. SBI has a 12% stake and aims to acquire up to 20%. The Clear Markets Firm provides an electronic trading service on over-the-counter derivatives in the United States, United Kingdom and Japan

    SBI Holdings plans are available in their recently published financial report available online. This report shows to what extent the company / bank aims to be the number 1 not only in Japan, but in the whole globe when it comes to digital resources and in particular XRP.

    Disclaimer: This article does not provide financial advice. Any opinion here should be taken as well as it is. Perform your research before investing in one of the many cryptocurrencies available.

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