With the acquisition of Triaconta, crypto exchange Iconomi has added a Dutch player to its roster. This means that Dutch crypto enthusiasts can enjoy the Iconomi exchange and expand their investment portfolio in cryptocurrencies. Gone are the days of the known limited exchanges that currently dominate the Dutch market.
What is Iconomi exchange?
Iconomi, a crypto portfolio management platform, was founded in 2017 and registered with the British Financial Conduct Authority (FCA) in 2021, where the regulations are not to be underestimated. After a successful journey in the United Kingdom, the company is expanding to European soil. This has become a reality through the successful acquisition of Triaconta.
With the registration at the Dutch Central Bank, they can offer their services to Dutch users. But it doesn’t stop there, as the company plans to obtain European licenses in the future that comply with the new MICA guidelines, which will provide unanimous regulations for everything related to crypto across Europe.
Copy Trading on Dutch exchange
What’s new is that Dutch users can utilize a copy-trade function and are able to follow profitable traders and copy their ROI. A feature that until recently was only available on international exchanges.
Additionally, traders who use Iconomi can introduce their own strategies and, if profitable, earn extra by making them available to everyone who wants to copy.
Payments in Euro or Crypto
What’s easy and self-evident is that Iconomi opens itself up to direct deposits via iDeal or simply by depositing crypto.
Open to Institutional players
Iconomi is not only open to Dutch individuals but also to institutional players, where professional investors and/or even funds can invest on a large scale. However, investments in crypto are seen as highly volatile, and these large players will only minimally expose themselves to these turbulent markets.
The B2B platform developed by Iconomi can therefore be used by brokerage firms, funds, and asset managers who want to manage their crypto investment portfolios and immediately comply with the latest regulations and customized structures for the most recently developed guidelines from financial regulators.
“In addition to maintaining services for individual users, we are dedicated to prioritizing customized solutions for the changing needs of B2B partners and customers.” – CEO Peter Curk
We can conclude with two things: a new alternative for the Dutch user who wants to trade their cryptocurrency safely and the B2B function that makes the same possible for large portfolio managers. But the fact that we have come this far highlights a general consensus on the investment product that cryptocurrencies represent; an acceptance of these products that states they will no longer disappear
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