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Crypto Trading Should Be “As Easy As Ordering A Pizza” According To Aussie Bitcoin Exchange

Stefan by Stefan
08/05/2018
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According to the Australian bitcoin exchange startup Nauticus, trading cryptocurrencies should be very simple in the future – as simple as ordering a pizza online. The news comes from the regional financial publication Stockhead which reported that the Melbourne-based exchange has ambitious plans for its budding platform.

Nauticus has already raised around $17 million through their initial coin offering (ICO) and is planning to support 300 cryptocurrencies and 16 fiat currencies within the next five years. The company is also trying to build out a full-featured eCommerce and payments platform and a “green blockchain mining center” by 2022.

Even though many people think that this is ‘too brave’ for a startup, the same was the situation with cryptocurrency exchange Binance which went from ICO to the world’s largest exchange in less than a year. The Aussie startup hopes it can accomplish a similar feat by targeting investors.

There are many successful examples of startups that are now pioneering the crypto space. From Robinhood which began rolling out a cryptocurrency trading app to Circle which is one of the most profitable institutional Bitcoin trading desks, Nauticus can be another one in the list of success stories.

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In Australia, the main battle for Nauticus will be the one with Coinbase which has already set up a shop in the country. However, the former’s local focus could provide it with a special edge on the San Francisco based firm.

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DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at editor@dcforecasts.com

Tags: circlecrypto tradingfeaturednauticusRobinhood
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Stefan

Stefan

Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.

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