By Modupe Gbadeyanka
MONEY TRADE COIN, the new age cryptocurrency, dazzled its investors’ expectations by listing on NovaExchange.
Immediate trading began post the launch by Money Trade Coin’s founder and CEO, Mr. Amit Lakhanpal and Sheikh Saqer Al Nahyan.
The listing event held on September 17 at Burj Al Arab was witnessed by a list of 40 VIP businessmen including Sheikh Jumaa Al Maktoum, Mr. Faisal Almaazmi, his principal advisor and director of Greenland Capital Properties, Mr Charles Said Kiwan founder of MVP Tech and Mr Khaled Abdulla, Head of Communications MENA at Barclays Plc.
Money Trade Coin, the propagator of the “Cryptocurrency correct knowledge” launched a full-fledged product array: Cryptocurrency E-Academy and E-Portal.
The trading platform offers the possibility to interexchange the different cryptocurrency coins such as BitCoin, Ethereum, Ripple, Moreno, and shall be trading all the 1,088 listed coins soon.
It plans to go live on more than four exchanges: C6, Coinex, Poloniex and their own private exchange as its listing became a bold statement that investors demand has increasingly swept from traditional practices to digital currency as a secure alternative to safeguard wealth, eliminate costs, increase efficiency and flexibility, and save time while transacting.
Unique in its features “MONEY TRADE COIN” is a registered certified entity with a recognized identity, Mr Amit Lakhanpal, a well-known businessman heading the Flintstone Group India and its IP is jointly owned by Bitcoin Global FZE, UAE and Money Trade Coin UK Ltd, licensed in: United Kingdom, Estonia, soon in Switzerland and India. Flintstone Technologies Private Limited, the Indian exchange platform, shall be launched on 19 October, 2017.
Acquiring “MONEY TRADE COIN” is limited to the transfer of existing Bitcoin, online gateway (credit/debit cards and PayPal), and traditional banking methods shall be established soon. The physical and digital card will be available in select countries.
The value can be redeemed with various options such as online shopping, airline tickets among others. The currency will not only be limited to entertainment or ticketing but also to pay government taxes, utility bills and fines across GCC region, Asian and European countries as well.
Amit published a book on Inter Cryptocurrency trading for Beginners and established a solid corporate sustainability program where 5% of the trading profits shall be given to the Charity Organizations of the UAE Government and 15% customized on welfare trusts sponsored run by the company.
Money Trade Coin eyed the Emirate of Dubai for its new expansion as the “Next Big Hit”, incorporation started supported by “Khalifa Bin Huwaidan Al Ketbi Advocates and Legal consultants” and Advocate Hashim Malik since Dubai, adopted the “Dubai Blockchain Strategy” for 2020 launched by H.H. Sheikh Hamdan Al Maktoum, under the directive of H.H. Sheikh Mohammed Bin Rashed Al Maktoum, the ruler of Dubai.
Money Trade Coin, ultra-secure wallet through multi-level verifications, is the world’s first fully secured Cryptocurrency, implementing the highest standards of compliance: KYC and AML keeping the records of all transactions for more than ten years.
MONEY TRADE Initial Coin Offering (ICO) was held in 4 phases, 14 Million MT Coins were offered at each phase, the minimum subscription was capped at 1 MT Coin. As per the experts, Money Trade Coin is forecasted to exceed the value of USD 500 per coin this year across cryptocurrency exchanges.