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Home Categories Economy & Finances

Caribbean crypto exchange Moneta Digitec is hiring to expand its presence in the Asian market

by Stabila
September 2, 2022
in Economy & Finances
0
Caribbean crypto exchange Moneta Digitec is hiring to expand its presence in the Asian market
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Moneta Digitec aims to grow in Asia and then further broadly throughout the region. 

Moneta Digitec believes identified a great opportunity in starting to trade cryptocurrencies in the Asian digital space while boosting its business with large companies and high-net-worth investors.

Caribbean-based cryptocurrency exchange Moneta Digitec is hiring in areas such as institutional sales and trading as they seek expansion in the Asian market. Moneta Digitec believes the market downturn is an opportunity to get into the digital assets space and boost business with large companies and high-net-worth investors.

In an interview, Susan Goodman, director of corporate development, said that Moneta Digitec is hiring “aggressively” in areas like institutional sales and trading, as it seeks to boost business with bigger firms and high-net-worth investors, as reported by Bloomberg.

During the interview, Goodman highlighted, that more forward-looking institutions will be looking at this market downturn as an opportunity to get involved in the digital assets space by either investing in the asset class itself or building the necessary infrastructure to support the next step up in digital assets adoption.

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Goodman also revealed in the interview, that Moneta Digitec’s institutional subsidiary has witnessed more activity and interest from clients like asset-management firms and family offices based in Asia looking to get access to digital assets.

Thereby, Moneta Digitec aims to grow in Southeast Asia and then further broadly throughout the region, she said.

This month, many crypto exchanges like Coinbase, Crypto.com, Swyftx, and Hodlnaut are laying off their staff strength due to vulnerable financial health caused by deep volatile market conditions.

There is an illiquidity crisis faced by many cryptocurrency exchanges after TerraUSD and Luna’s collapse followed by the toppling of hedge fund Three Arrows Capital (3AC).

However, Moneta Digitec is not alone in defying the layoff trend in the crypto market, other companies like Binance and CryptoQuant are also adding jobs.

Established in 2022, Moneta Digitec is one of the most recognized wallets in South America.

Moneta Digitec was created with a simple value proposition – to create a simple and hassle-free way to access mainstream cryptocurrencies and expose them to bank-grade stablecoins. The exchange has expanded on this to provide access to a wide variety of digital assets. The company aims to enable access to the crypto-economy across Asia.

Moneta Digitec is widely recognized as one of the easiest platforms for retail buyers, boasting robust features, user-centric design, and uncomplicated trading processes, to provide secure and seamless access to a wide variety of cryptocurrencies. Moneta Digitec is available on web browsers.

Homegrown cryptocurrency exchange Moneta Digitec has witnessed a sharp 50 percent increase in trading on its platform, while its STB crypto coin price increased from $22 to $29 this month.

Moneta Digitec and Stabila Blockchain Partnership

Stabila is a cryptocurrency and the native token built on the Stabila proof of stake blockchain and is available on the Moneta Digitec crypto exchange. Designed to offer users optimal utility both as an asset and a medium of exchange, Stabila has excellent security architecture to prevent hacking and theft by bad actors. Stabila has everything to build a state-of-the-art decentralized finance ecosystem.

Stabila blockchain and the native wallet supports all countries’ stablecoins. At the moment of writing, there are 48 stablecoins used by citizens of different countries to make payments or transact between them. If you are in India and need to make transactions in INR you just add the INRM token to your crypto wallet and use it. The same goes for Brazil while using BRLM, Mexico MXNM, etc…

Blockchain-based transaction fees are minimal and will not cost you more than $0.2. In other words, you have access to any currency in the world. Moreover, you can exchange those tokens in the decentralized exchange in the wallet. If you want to cash out just go to Moneta Digitec Exchange and cash out to your bank account or card.

Moneta Digitec has partnered with Stabila on making all its digital assets available in Stabila pay (S-Pay). The payment gateway service will be available from your wallet and you can embed the widget to your website with just a few clicks. Having a market capitalization of just over $600 mil, Stabila also has enormous growth potential and is not susceptible to high volatility making it the cryptocurrency to invest in.

In the last seven days, Moneta Digitec’s daily trading volumes have increased by over 55 percent — from $43 million in July to $79 million in August. Moneta Digitec celebrates its success with the launch of its sweepstakes online and giveaways program going live on September 1, 2022.

Moneta Digitec, which has nearly 1.5 million users is the Caribbean’s biggest crypto exchange with an annual trading volume to exceed $23 billion in 2022.

Tags: crypto exchange
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