Crypto Next Press Releases

Digital Currency Platform Opens Doors To All Cryptocurrencies

Now all digital currencies can be added Crypto Next’s Global Platform, making all currency trade pairings possible for the first time.

Isle of Man - 17 May 2015 - Crypto Next plc today announced its new “create your own market pair feature” which allows any coin holder to create a market for a cryptocurrency. For the first time, digital currencies, regardless of their popularity, can be set against any currency, including fiat currencies. Coin developers, or indeed anyone with a desire to list a new or existing coin, can contact Crypto Next who will add the currency for a nominal fee of BTC 2 to cover the costs associated with the installation. This gives coin developers/holders the potential to list a digital currency on multiple exchanges worldwide. The feature was released alongside a number of system updates, including the integration of South American payment system, Astropay, additional safety features and new markets pages.

“Most exchanges are interested in high trade volumes, therefore have little desire to register all coins, but Crypto Next’s mission is to bring as many cryptocurrencies as possible to one platform, that is why we are offering this unique feature and allowing anyone to list their currency, not just those that have been voted in or have high trade volumes,” says Crypto Next CEO, Sharon Greenberg.

The process of adding a digital currency to the Crypto Next platform is simple and cost-effective: Someone wishing to list a cryptocurrency provides the Crypto Next development team with the wallet and integration instructions, and pays a fee of BTC 2 for installation costs. Crypto Next will then add the coin to the platform, which will make it available for deposit. Developers or coin holders will logically then have to deposit some of the currency into the system for it to appear on the exchange.

Although other exchanges already offer some of the lesser known digital currencies, they are only available for trade against BTC. The unique feature that Crypto Next is offering is that any coin can be paired against any currency, including Fiat currencies. The market pairings are set by the user depositing the digital currency in the system, and are restricted only by the availability of other coins on the platform.

Once the markets have been set, the pairings will automatically appear on the Crypto Next exchange, as well as be available on all the “white label” exchanges in the network. Although it is up to the individual white label operators whether they wish to include the newly registered currencies, coin developers have the potential list their currency on multiple exchanges worldwide.

Asaf Azulay, Crypto Next’s CTO said, “Coin developers don’t have a market if they can’t get on to an exchange, and until now have had to make do with BTC only pairings at best. Now, they can create their market. To get on to existing exchanges, they often need to be voted in, and then stay popular for long enough not to get delisted. With Crypto Next, they just need to integrate their currency. Obviously, coins will be deleted in certain cases, for example if the wallet stops working, the development halts etc. but as long as the wallet is operational, it can be listed.”

About Crypto Next

Registered in the Isle of Man, a jurisdiction that is openly friendly towards digital currency companies, Crypto Next’s platform has a global reach and offers a variety of languages, with recent additions including Portuguese and Romanian. In addition to providing multiple languages, multiple currencies, banking facilities and a regulatory framework, the Crypto Next platform adds security through vertical decentralisation as well as Isle of Man regulations that state that funds in the exchange be controlled by a Corporate Service Provider, such that fiat currencies in the network are secured by an independent third party.

Crypto Next specialises in providing a software platform to “white label” exchanges, that can choose from a variety of features, coins and languages to suit their preferences. All the exchanges in the network share Crypto Next’s unique tokenised fee system, whereby transaction fees can be paid for with the Crypto Next Coin (CXC), potentially saving savvy digital currency traders a great deal in fees. All white label exchanges are subject to the company’s rigorous AML, CFT Policy in accordance with Isle of Man regulations.

Leadership

Sharon Greenberg, Co-Founder
Asaf Azulay, Co-Founder
Ofer Rotem, Director

PR Contact
press@cryptonext.net
USA +1 323 686 3359
UK +44 870 471 5733

White Label Platform Signs Up Ten Digital Currency Exchanges In One Month

Ten New Platforms Powered By Crypto Next Go Live In Beta Today Thanks To First Automated White Label Exchange Generator

Isle of Man - 20 November 2014 - Crypto Next plc today announced the first ten digital currency exchanges powered by the only automated white label digital currency exchange platform. Since launching its white label exchange services at the Inside Bitcoins Conference on the 19th October, Crypto Next plc aimed to sign up ten active exchanges by the end of 2014. Having reached this milestone nearly six weeks ahead of time, it is now aiming for a new target of 20 exchanges to be live by the end of the year.

“The beauty of our platform is that it is quick, simple, cheap, and open to almost anyone, provided they pass KYC of course,” says CEO and Co-Founder Sharon Greenberg. “We have signed up exchanges from all over the world - from local communities that are looking for a specific language, to groups wishing to revive pre-Euro currencies via digital coins. Anyone with an idea for an exchange can now set one up in a matter of hours, to their own specifications.”

Crypto Next’s platform offers a variety of languages from which exchange operators can select when setting up their platform. This has resulted in exchanges being created for communities in Russia (Birjamonet.com), Greece (Bitcoinsgreece.com), Spain (Coincloudex.com), Austria (Eschilling.org), Africa (Coinrafic.com) and the Czech & Slovak Republics (Koruna.in), with more languages and countries being added.

Crypto Next is registered in the Isle of Man, a jurisdiction that is openly friendly towards digital currency companies, and this provides a regulatory framework for exchanges to use the platform for their own communities. Crypto Next’s platform offers additional features such as ATM integration and payment systems for its white label clients’ use; Coincloudex.com is currently integrating a Lamassu ATM in Spain, expected to be operational in December of this year.

In addition to providing multiple languages, multiple currencies, banking facilities and a regulatory framework, the Crypto Next platform adds security through vertical decentralisation; the exchanges in the network share an order book, thus rather than competing with each other, they mutually benefit from joint liquidity. “Our platform provides a certain safety in numbers to end users in the network - if for whatever reason one exchange should fall over, the funds in the network remain unaffected”, says Crypto Next CTO and Co-Founder Asaf Azulay. Moreover, Isle of Man regulations state that funds in the exchange are controlled by the Corporate Service Provider, such that fiat currencies in the network are secured by an independent third party.

All the exchanges in the network share Crypto Next’s unique tokenised fee system, whereby transaction fees can be paid for with the Crypto Next Coin (CXC), potentially saving savvy digital currency traders a great deal in fees. CXC is traded on all the exchanges in the network in addition to the currencies selected by the exchange operator, a factor that Crypto Next believes will make its coin highly desirable in its own right.

(Note: The creation of a white label exchange is subject to rigorous KYC procedures. The system is automated so an exchange can be set up in one hour, once KYC requirements have been met.)

List of Exchanges Launched

All exchanges are currently in Beta

www.edollar.international - The International Dollar is here to help Bitcoin and e-currencies, with installations of over 5000 ATM machines.
www.eschilling.org - Bringing back the good old Schilling as the national cryptocurrency for Austria.
www.koruna.in - Reuniting Czechoslovakia via digital currency.
www.coincloudex.com - CoinCloud EX is helping bring the cryptocurrency world into the real world of financial remittance in Spain, France and Latin America.
www.Bitcoinsgreece.com - Bitcoin and Litecoin trading platform aimed at the Greek market.
www.birjamonet.com - Multiple cryptocurrency exchange tailored for the Russian market.
www.bitopia.io - bitopia.io offers a state of the art cryptocurrency and fiat exchange, with low-fees, advanced wallet functionality and money remittance capabilities.
(note: some exchanges requested not to be named)

Crypto Next plc unveiled its first product at the Inside Bitcoins Conference in Tel Aviv on Sunday; a global currency platform aimed at white label customers.

The system will enable users to set up their own currency exchange in a matter of hours, and select its languages, currencies and features instantly.

The company's Israeli CoFounder, Sharon Greenberg, unveiled its first product speaking at the Inside Bitcoin conference, saying "setting up a white label exchange will be as easy as registering a domain name".

The platform has gone into public Beta in five languages, with 10 fiat currencies and 10 local currencies and promises more to come in the next few weeks. People wishing to set up their own currency exchange can set the currency pairings, languages and trading features they wish to include, to create a platform that is tailored to their own community. They can even launch their own coin on the platform, in a matter of hours rather than days.

White label customers can also choose from a variety of "all inclusive" packages which include features such as company incorporation, banking services, website design and hosting services. Crypto Next has already received international interest from organisations looking for an inexpensive, quick and simple white label solution and has signed contracts with exchanges in Spain and Greece, with more to follow in the coming weeks. They expect to have at least 10 exchanges live by the end of the year.

The company's CTO, Asaf Azulay, says "In order for digital currencies such as bitcoin to become mainstream, more people need to sign up for them. By facilitating the creation of user friendly exchanges, we aim to create a greater demand, in turn encouraging merchants to accept digital currency and completing the cycle of buying and selling".

To encourage visitors to the new platform, Crypto Next is giving away 50,000 Crypto Next Coins (CXC) with an issue value of $50,000 US. CXC is a token that can be used in lieu of the transaction fees the company would usually charge. In a launch giveaway, Crypto Next is giving away 2500 vouchers worth 20 CXC each, available on Crypto Next's blog. CXC is also available for purchase on the Crypto Next exchange at a discounted rate

Crypto Next plc unveiled its first product at the Inside Bitcoins Conference in Tel Aviv on Sunday; a global currency platform aimed at white label customers.
The system will enable users to set up their own currency exchange in a matter of hours, and select its languages, currencies and features instantly.

The company's Israeli CoFounder, Sharon Greenberg, unveiled its first product speaking at the Inside Bitcoin conference, saying "setting up a white label exchange will be as easy as registering a domain name".

The platform has gone into public Beta in five languages, with 10 fiat currencies and 10 local currencies and promises more to come in the next few weeks. People wishing to set up their own currency exchange can set the currency pairings, languages and trading features they wish to include, to create a platform that is tailored to their own community. They can even launch their own coin on the platform, in a matter of hours rather than days.

White label customers can also choose from a variety of "all inclusive" packages which include features such as company incorporation, banking services, website design and hosting services. Crypto Next has already received international interest from organisations looking for an inexpensive, quick and simple white label solution and has signed contracts with exchanges in Spain and Greece, with more to follow in the coming weeks. They expect to have at least 10 exchanges live by the end of the year.

The company's CTO, Asaf Azulay, says "In order for digital currencies such as bitcoin to become mainstream, more people need to sign up for them. By facilitating the creation of user friendly exchanges, we aim to create a greater demand, in turn encouraging merchants to accept digital currency and completing the cycle of buying and selling".

To encourage visitors to the new platform, Crypto Next is giving away 50,000 Crypto Next Coins (CXC) with an issue value of $50,000 US. CXC is a token that can be used in lieu of the transaction fees the company would usually charge. In a launch giveaway, Crypto Next is giving away 2500 vouchers worth 20 CXC each, available on Crypto Next's blog. CXC is also available for purchase on the Crypto Next exchange at a discounted rate until the end of October.

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Can Crypto Next Actually Bring Bitcoin To The High Street?

Crypto Next Wants To Facilitate The Mainstream Use Of Crypto-Currencies By Providing White Label Exchanges and Merchant Services That Actually Work

Isle of Man - July - Crypto Next wants to make it easier for people to start using and trading digital currencies by providing turn-key packages that include a company, bank account and white label currency exchange platform, instantly overcoming regulatory and technological barriers.

They are also looking to develop a trusted, multi-currency wallet allowing for instant and recurring crypto currency payments. Because the wallet is trusted, the payments cannot be cancelled during the block chain confirmation period and would essentially work like a prepaid card. So now “brick and mortar” retail outlets will be able to join organisations that already accept payment in bitcoins.

Watch Crypto Next’s video presentation here.

Check out the official website here.

By providing a regulatory and financial framework, Crypto Next says it can help any retailer in any country accept crypto-currencies in a safe and time-efficient manner, truly bridging the gap between crypto-currency consumers and mainstream retailers. The platform will also be used for remittance services, a market which not only has the potential to help millions of people in the developing world, but was estimated to be worth 440Bn USD in 2010, according to the world bank.

Crypto Next was founded by Israeli tech professionals, Sharon Greenberg and Asaf Azulay, and incorporated in the Isle of Man where the Government has openly welcomed digital currency companies; a development which is attracting crypto-currency based businesses since the announcement on the 10th June 2014. Crypto Next is the second cryptocurrency exchange company in the Isle of Man to be announced.

The company’s products are currently in development stages and, for this reason, Crypto Next is seeking seed funding via a pre-sale of its coin (Crypto Next Coin) based on the Mastercoin protocol, by means of a crowd sale, making it the first company to launch a coin for an exchange via a crowd sale. If it achieves its funding goals, it expects to launch its first product milestone in the form of a multiple Fiat currency and multiple cryptocurrency exchange which will go live in several languages, by the end of August 2014.

Beyond this, the company has big plans, aiming to launch its white label exchange before the end of the year, followed by a turnkey platform for merchants, an international remittance system, and even wallet hardware. Not just dreamers, Crypto Next’s founders have the experience, business know-how and computing power to actualize their plans.

“The cryptocurrency world has been dominated by technology developers such as programmers and designers” says Crypto Next’s CEO Sharon Greenberg, an IT based businessman of 15 years, “the digital currency market is ripe for business minds to take it to new levels and that’s exactly what we are going to do with Crypto Next.”

Crypto Next’s core features are real-world transparency and regulatory compliance. The organization operates under strict due diligence procedures to ensure the platform is not used for unsavory practices. Crypto Next has appointed Döhle Corporate and Trust Services Limited as Company Administrators, and intends to appoint Grant Thornton as auditors, as soon as funding is secured.

If Crypto Next indeed manages to achieve its vision, the ramifications are mind-bogglingly extensive. As Ron Gross, Executive Director of the Mastercoin Foundation says in his statement about Crypto Next “With their solution, we could literally see 50,000 exchanges pop up within a year. This may be one of the key drivers to push Bitcoin to the next level.”

The Isle of Man Is Becoming Cryptocurrency Hotspot

Digital Currency Exchange, Crypto Next plc, Is The Second Digital Currency Company To Launch In The Isle of Man In Under A Month

Crypto Next plc is an Isle of Man company that wants to bring digital currencies to grassroots level by providing turn-key packages that include a company, operating and trading accountsand white label currency exchange platform, instantly overcoming regulatory and technological barriers.

Crypto Next plc is the second cryptocurrency company to launch in the Isle of Man, where the Government has openly welcomed digital currency companies; a development which is attracting cryptocurrency based businesses since the announcement on the 10th June 2014.

Taking advantage of the Isle of Man’s forward-thinking attitude towards cryptocurrency based businesses, Crypto Nextplc is able to pass on the security that comes with being registered with a financial regulator to its users and affiliates. The company launched a crowd sale yesterday, July 15th, by issuing its own coin, Crypto Next Coin (CXC), which can be used in lieu of fees for some of the company’s products and services, providing owners of CXC with considerable savings.

Peter Greenhill, the Director of E-Business in the Isle of Man Department of Economic Development said, "we welcome this announcement by Crypto Next plc and are pleased to have them join the growing number of quality Digital Currency businesses who are selecting the Isle of Man as their jurisdiction of choice. Their acceptance of our insistence to adhering to full AML/KYC regulations and then applying for formal registration by our Financial Supervision Commission will help us to ensure that the consumers are protected and that we keep crime out."

Crypto Next plc acknowledges the difficulty for some businesses to provide or integrate cryptocurrency platforms to their companies. By providing a legal and regulatory framework with its exchange, merchant and remittance platforms, Crypto Next plc enables companies to utilize digital currencies, a service that was previously unavailable to them.

Its mission is to simplify digital currencies and to make them more accessible, within the safety of a regulatory framework and conventional business practices. Crypto Next plc has appointed local company Döhle Corporate and Trust Services Ltd as Company Administrators. Paul Swindale, Director, said “We believe that Cryptocurrency is a key market for the future and are immensely enjoying working with Crypto Next plc on this exciting project”

Ron Gross, Executive Director of the Mastercoin Foundation said “With [Crypto Next plc’s] solution, we could literally see 50,000 exchanges pop up within a year. This may be one of the key drivers to push Bitcoin to the next level.”