The world is just starting to accept cryptocurrencies which started as nerds’ and compute geeks’ only technology in 2008 has become a full-fledged industry in a span of a few years. However, most traditional trading and financial companies have been at odds with cryptos. With most of the them considering cryptocurrencies as dangerous and too volatile, customers are out of options, as they don’t know where to turn to. But Guaranty Traders, one of the world’s first digital trading company has come out as their savior.
Guaranty Traders has been around since 2016 and since then the company has been making headways in the trading community. It was also voted as one of the first trading platforms in the UK in 2019. The trading company quite early on adopted the model of adding cryptocurrency as an offering. Guatrade made strides when they decided to make crypto an offering for their customers back in 2018 when the other companies were very vary of the crypto world not extending the offering to their customers. The bet was big but it eventually paid off for Guatrade as it registered astronomical amounts of new users because of the change. While the move was considered to be a fluke by a lot of banks and financial watchdogs, however, the company stood by it. In 2019 the company capped in a lot of revenue from its crypto division and kept expanding their crypto offerings. Offering crypto holdings, now they have created a whole new system around cryptocurrency, their offerings cross the barrier between what is possible in the real world and what is possible in the crypto world giving their customers the best of both worlds.
With such services and being new to the market the company has been growing rapidly expected to reach more than 15 million customers in the next financial year, also doubling their revenues and tripling their profits due to the momentum in the crypto division. Just think of it, just a few years a go even if you knew about Bitcoin and many wonders of it you could have never made a trade because except for some underground places you could have never bought crypto anywhere. Now that you have the ability to buy it from such a reputable organziation such
as Guatrade, it is truly revolutionary. The crypto world has been plagued with stuff like embezzlement and fraud, people are not able to build trust because of these things. Entry of a trading organization with such repute as Guatrade will create such an amazing ecosystem where everyone can flourish.
The next step that Guatrade is looking for is a digital banking license so they can start their lending services as well. Crypto lending is a big business, and many people would be able to make passive income as well as score loans from the trading company. Creating a much more profitable new revenue stream for the company helping the bottom line.
