The exchange allows users to generate return from cryptocurrency assets without divesting their position in the asset class.
Over a dozen cryptocurrencies accepted as collateral, including bitcoin, bitcoin cash, ether, ether classic and litecoin. With Over 500 stocks from Germany, the UK, Hong Kong and the US including Deutsche Borse, Adidas, Apple, Lenovo and EasyJet.
The past 12 months have seen many rush into cryptocurrency guns blazing. Following the initial rise and fall in 2017, the general consensus is that a solid base is forming in the price of cryptocurrency and it’s right to hold (or ‘HODL’) onto the asset as we see what comes next. The problem with this approach is that those having considerable assets tied up in crypto now find themselves with limited options for generating returns from their capital.
Introducing Panxora
Panxora gives crypto owners a better option than simply sitting on their assets. Panxora offers cryptocurrency owners direct access to currency, stock and a variety of other asset classes.
Panxora’s co-founders boast significant careers working in some of the most successful privately held financial companies in the world. It has been successfully delivering uninterrupted service to the crypto space since 2014, under the name ‘First Global Credit,’ and will continue under ‘Panxora’ to give cryptocurrency holders the same freedom to pursue financial opportunities as traditional currency holders.
Gavin Smith, CEO of Panxora said:
“Right now, Panxora is an exchange that gives cryptocurrency holders direct access to various currency and stock markets. But that’s just the first step in our ultimate goal to dissolve the distinction between fiat and cryptocurrencies when it comes to financial opportunities. Looking ahead, we will continue to bring ever more choice within reach of crypto asset owners. Everything we do, in every field, is aimed at that goal.”
About Panxora
Panxora lets anyone, anywhere use their cryptocurrency assets to generate a financial return. By providing direct access to mainstream financial markets using cryptocurrency as collateral, Panxora puts cryptocurrencies on par with fiat, and asset-holders in control.
Founded in 2014 under the name First Global Credit, Panxora has always aimed to provide cryptocurrency owners the same opportunities as fiat currency holders have to generate revenue from their assets. With significant experience both in traditional financial technology and cryptocurrency markets, Panxora’s co-founders brought their first service – crypto backed stock to market, followed shortly by AICoin which uses proprietary AI to trade the cryptocurrency markets.
The company’s development team continues to innovate new products and services that will provide advantages to its customers. This includes the public launch in early 2019 of Panxora Crypto I, a cryptocurrency focused hedge fund that has been successfully engaging with proprietary assets for over a year. This and other services designed to give crypto-asset holders ever more opportunities.
With more than 12,000 customers in 35 countries, Panxora is the crypto-community’s trusted partner to meet financial goals and put crypto-assets to work.