Ethereum
$ 1,225.50 0.04%
Solana
$ 39.53 2.46%
Dogecoin
$ 0.072070 6.26%
ApeCoin
$ 5.43 12.46%
Bitcoin
$ 21,044.00 1.50%
BNB
$ 239.21 0.15%

Avenue Securities launches crypto brokerage app to expand its services

Avenue Securities

TL;DR Breakdown

• Avenue partners with Apex Crypto.
• Avenue Securities reaches a milestone by servicing 500,000 crypto investors.

American blockchain company, Avenue Securities, supported by the technology agency Softbank, marked a new achievement in Bitcoin services using Apex Crypto’s B2B website. According to reports, Avenue has promoted cryptocurrency trading to some 500,000 users in Brazil.

The brokerage agency in the United States plans to dominate the Latin American country’s blockchain landscape. Bitcoin is expected to grow popular among Brazilians and others on the continent.

Avenue Securities marks a milestone in the crypto market

Avenue Securities

The director of the American brokerage firm believes that the crypto market should be a part of Avenue Securities. The agents also claim that their system provides several tools to interact with crypto assets.

Bitcoin Magazine, a crypto information magazine, said that Avenue Securities has enough potential to improve crypto operations in the country. Avenue Securities has allowed enthusiasts to access their trades using a dedicated website and mobile app. Another relevant thing about crypto operations at the agency is that it has a self-custodial system for purchasing and transferring tokens to wallets.

According to reports, the company’s dedicated app allows users to exchange their BTC tokens to other cryptos through third-party exchanges. Apex Crypto plays a vital role in crypto transactions because it is the bridge between operations.

Apex Crypto supports Avenue brokers

Cryptocurrency management company Apex Crypto supports Avenue’s brokers. The advertisements indicate that Avenue Securities only deals with the Apex Crypto website to exchange tokens. However, the agency does not count as a certified brokerage firm.

Apex controls the acquisition, sale, and even the storage of cryptos purchased on Avenue. Apex also serves as a fintech company that provides essential functions to Avenue Securities to operate freely.

Last month, the founder of the brokerage company announced that acquiring BTC with Avenue would be 8 percent lower compared to other agencies. The company’s CEO believes that the crypto operations with reais, the Brazilian fiat currency, would increase their value with the latest developments made in the interface. Trading in the Brazilian fiat currency is low compared to intra-country crypto trading in Latin America.

Avenue is likely to become the most prestigious crypto broker in the country if it continues to advance its trading tools. It expects to attract as many clients as it scheduled with the launch of its new application.

Carisbel Guaramato

Carisbel Guaramato

An avid content creator for over 4 years, Carisbel spends her time on blogs and technology news. She honed her skills as a social communicator and now finds crypto and blockchain news events worldwide for transmission through Cryptopolitan's neutral and incisive way.

Related News

Hot Stories

Solana price analysis: SOL/USD declines to $39.16
Compass Mining loses Bitcoin mining facility for neglecting energy bill
Ethereum price analysis: ETH/USD stagnates as sideways movement restricts buying near $1,225
Robinhood shares spike 14% on FTX rumored purchase report
Bitcoin price analysis: Rejection from $21k hints at more downside below $19k

Follow Us

Industry News

Compass Mining loses Bitcoin mining facility for neglecting energy bill
Robinhood shares spike 14% on FTX rumored purchase report
US adults turn strong hands, predict Bitcoin at $38,000 on average in 6 months
Nexo reacts to new Emblezzlement allegations and threatens legal action
Bear market 2022 hits crypto to its worst in historic records