A whole world is running behind with a crypto platform built using technology familiar to forex traders, potentially injecting new capital into the market.

But Forex traders have long been interested in what cryptocurrencies have to offer. There’s just been one problem: they often aren’t available on familiar platforms.

Now, a company called Metafury will launch an advanced crypto forex platform using the metaverse and meta space technology that unlocks access to crypto-centric media and products. Metafury will also change the dynamics of trading using MT5, meaning new digital assets and derivatives such as contracts for difference are available through a tool they know and trust.

Metafury’s team says in a recent interview that Metafury is developing a solid and advanced infrastructure that will be built in response to growing demand from those who, until now, have only focused on foreign currencies. The company also believes the platform will be helpful for traders who want an alternative to buying and selling digital assets on crypto exchanges through Metafury platforms.

Why Metafury and what is the difference

The team behind Metafury acknowledges that the marketplace is competitive and becoming increasingly crowded. To this end, it has focused on addressing some of the main pain points traders face when using existing platforms.

Know Your Customer or KYC checks have been a central sticking point for many — not least because of how entering passport details and identification numbers can be a time-consuming, arduous process. To this end, the Metafury team says it provides a simple, fast registration process that eliminates as many steps as possible, allowing users to enjoy anonymity and enter the next generation crypto forex metaverse.

The Metafury platform will also be explicitly optimized to pave the way for seamless cryptocurrency trading, with lightning-fast order executions ensuring that users will never miss a beat when the markets are moving quickly. Leverage of up to 1:500 is available, meaning clients can trade significantly higher amounts than their deposits. Metafury also claims to offer a typical Bitcoin spread which will be good with other platforms in the market; with its years of research, Metafury claims the upcoming forum will lead the future and break all the possible records in the market.

More Insights from Metafury

Through multiple contracts for difference, traders can speculate on the price movements of major cryptocurrencies such as Bitcoin (BTC) and Ether (ETH) without owning the asset itself.

Aside from cryptocurrencies, the Metafury platform will act in forex, gold, and indices. Brought together, the Metafury team says it has the potential to become a one-stop shop for any trader’s needs — whether they want to long forex pairs, use Bitcoin for hedging, or rely on precious metals as a haven.

Customers who can use Metafury will fund their accounts 24/7 through “secure crypto wallets” provided through the platform. All the deposits will also be accepted in Bitcoin, TRON, ETH, and True USD. Once transactions are completed, most funds are stored in cold wallets. As well as being disconnected from the internet, this storage is distributed in four locations and is further secured thanks to antivirus programs and time-delayed access.

Acknowledging that some of its users may be brand-new to cryptocurrencies, the company notes that demo accounts are available to help them put strategies to the test, get acquainted with the system, and experiment without putting their assets at risk.

Safety and credibility are two top priorities for Metafury’s experienced team. Metafury’s resource manager has more than 15 years of experience in the Contract for Difference space and is bringing “tremendous experience and insight” to its operations after working for FXPro and IC Markets.

Conclusion

Metafury will be the world’s first cryptocurrency Forex Platform based on the Metaverse industry, Metafury is also creating an advanced combination of crypto and forex using the next generation technology called metaverse and meta space for derivative trading, Digital Asset Holdings, Digital Asset Staking, and much more. Metafury also working on an innovative leveraged trading platform that will allow cross-market trading using Bitcoin as the underlying asset.

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