The Cryptocurrency market in Brazil currently suffers from high fees, limited coin options and difficult access. And CriptoHub is going to revolutionize this. By making it easier than ever for Brazilians to join the world of cryptocurrency trading, the financial futures of millions of people will change forever.
The Brazilian market has recently experienced exponential growth in the purchase of virtual currencies. By the end of 2017, there were over 1.4 million Brazilians engaging in the buying and selling of virtual currencies.
Some Brazilian exchanges have witnessed their daily enrolment of new users increase from an average of 500 per day, to over 5,000 per day. In fact, there are now more investors buying virtual currencies than investing in the stock market2. Despite this, CriptoHub developers identified that services provided by the primary Brazilian exchanges are deficient, and they are receiving countless basic complaints from their users.
Such complaints include:
• the lack of approval of new registrations;
• a delay in deposit approval;
• limited diversity of available coins;
• high rates in comparison to international offerings.
The most frequent user complaint that is becoming a common occurrence is that withdrawals requested by users are delayed indefinitely.
Having identified these problems, CritoHub saw an opening in Brazil for a well-structured exchange that can solve these issues by providing a more effective, cutting-edge service with greater diversity of currencies and uncomplicated withdrawals. Investments in technology will result in increasing scalability to support the rising number of crypto-users. With a population of over two hundred million people in Brazil, the scope for CriptoHub’s potential growth is huge.
|“||ICO launch APRIL 2018: The pre-sale of CHBR tokens will take place between April 10 to 25, followed by an Initial Coin Offering (ICO) of a further 4 weeks.
Exchange Launch JUNE 2018: CriptoHub launches into the Brazilian market on 06/25/2018 with trading available to 200 million Brazilians as well as the world market.
Blockchain Solutions SEPTEMBER 2018: Launch of the checkout module for Brazilian e-commerce businesses with all major crypto-coins available.
Advanced Table OCTOBER 2018: CriptoHub will have its own specialized client department for large and institutional investors. It provides dedicated customer service for select users with deposits and withdrawals above R$ 200 thousand real, while also offering the largest liquidity source in Brazil.
Pre-paid Credit Card APRIL 2019: Pre-paid Credit cards will be made available to exchange customers, allowing them to effortlessly spend cryptocurrency in everyday transactions.
New Blockchain Services AUGUST 2019: After these items have deployed successfully, CriptoHub will be internationalized across other Latin American countries while also offering additional Blockchain Services for Exchange users.