As 2024 attracts to an in depth, we take this chance to replicate on what has been an unimaginable 12 months for XBO.com, a number one B2C crypto service platform offering complete options for digital asset fans worldwide. This 12 months has been marked by vital progress within the crypto business, with Bitcoin reaching new all-time highs and digital belongings reaching world recognition. Towards this dynamic backdrop, XBO has thrived, reaching milestones, launching progressive options, and persevering with to prioritize user-centric improvement.
The 12 months started with nice momentum, and the spring season set the tone for what can be a transformational journey. In April, XBO.com launched crypto futures buying and selling, enabling customers to enter contracts to purchase or promote cryptocurrencies at predetermined costs. This function, which included as much as 125x leverage on choose pairs and entry to over 100 cryptocurrencies, rapidly turned a favourite amongst our group. It offered merchants with superior instruments to capitalize on market actions, additional solidifying XBO as a platform that empowers customers with flexibility and liquidity.
As spring blossomed, Might introduced one other milestone with the launch of the Earn function, permitting customers to generate passive revenue on their crypto holdings. Providing aggressive annual proportion charges (APR) of as much as 15%, this function turned a game-changer for these looking for to develop their investments effortlessly. Designed with simplicity and suppleness in thoughts, the Earn function made it simpler than ever for customers to maximise the potential of their crypto belongings, aligning completely with XBO’s mission to supply value-driven options.
The summer season season marked a interval of heightened innovation and collaboration for XBO. In June, we partnered with Fireblocks, a frontrunner in digital asset safety, to combine cutting-edge Multi-Celebration Computation (MPC) expertise. This improve considerably enhanced the protection of consumer belongings, delivering bank-grade safety for deposits, transfers, and withdrawals. Strengthening our safety infrastructure underscored our dedication to offering a trusted and dependable platform.
That very same month, XBO proudly participated in iFX EXPO Worldwide 2024 in Limassol, one of many largest fintech and crypto occasions globally. This expo offered a wonderful alternative to showcase our newest options, join with business leaders, and keep forward of rising developments within the crypto area. Participating with professionals and gaining invaluable insights strengthened our place as an progressive participant within the business.
Because the summer season turned to autumn, XBO continued to prioritize safety and compliance. In August, we partnered with Elliptic, integrating their superior compliance options for real-time transaction monitoring. This partnership enabled us to stick to the best anti-money laundering (AML) requirements, guaranteeing a safer and extra clear setting for all customers.
In September, our collaboration with Muinmos additional enhanced our platform’s regulatory compliance by streamlining the Know Your Shopper (KYC) course of. This integration improved consumer onboarding, permitting quicker, safer verification whereas assembly native and worldwide regulatory necessities. These partnerships demonstrated XBO’s dedication to making a safe and compliant ecosystem for all its shoppers.
The autumn season additionally noticed a major enlargement in our providers. In October, we launched new fiat fee choices, together with SEPA, SEPA Prompt, SWIFT, and FPS, supporting a number of currencies similar to EUR, GBP, USD, CHF, and AUD. This replace made fiat transfers quicker and extra environment friendly, aligning them with the seamless expertise our customers have come to anticipate from our crypto choices.
Constructing connections with our group was one other focus in October. Our on-line presence expanded considerably, with our Telegram channel surpassing 100,000 members and our X (previously Twitter) group rising to over 120,000 followers. Moreover, our YouTube channel gained new momentum, that includes informative tutorials that resonated with each new and skilled customers. By fostering an lively and engaged group, we introduced like-minded people collectively to share data and begin their crypto journeys with XBO.
Because the 12 months approached its closing months, November turned a spotlight with our participation in SiGMA Europe 2024 in Malta. This prestigious occasion allowed us to current our progressive B2B crypto fee options, XBRamp and CryptoPayX, which garnered vital curiosity for his or her skill to streamline crypto-to-fiat integrations for companies. Moreover, our COO, Lior Aizik, represented XBO as a speaker at The Large Time Crypto Summit, the place he shared invaluable insights into the way forward for crypto platforms and their position in world finance. These engagements solidified XBO’s management and imaginative and prescient within the quickly evolving crypto area.
As 2024 involves an finish, we glance again with pleasure on the progress we’ve made however stay centered on the longer term. The brand new 12 months guarantees to be much more eventful, with thrilling updates and releases on the horizon. We’ll kick off 2025 by taking part in iFX Dubai 2025 from January 14-16, the place we look ahead to assembly you at our stand and discussing how XBO can assist your crypto and enterprise objectives.
Thanks for being part of our journey this 12 months. We want you and your family members a joyful vacation season and a affluent New 12 months. Collectively, we’ll make 2025 much more outstanding!
Disclaimer: The knowledge offered on this press launch is just not a solicitation for funding, neither is it supposed as funding recommendation, monetary recommendation, or buying and selling recommendation. It’s strongly really useful you observe due diligence, together with session with knowledgeable monetary advisor, earlier than investing in or buying and selling cryptocurrency and securities.