Blog Article List

The CoinMetro Team

31.12.2018


CoinMetro in 2018

CoinMetro in 2018

2018 has been a year of amazing progress for us. We’ve come so far since January this year!

Throughout the year, our progress has been covered in a wide range of news outlets: Bitcoin.com, CoinDesk, The Times, The Daily Express, New Scientist, EuroNews, Cryptoglobe, Bitsonline, Investing.com, Finance Magnates, and International Business Times, to name just a few!

We begin 2019 with the platform LIVE, and as the months go by, we’re going to be adding many more features and improvements. We’re well on our way of reaching our ultimate goal of producing a fully-integrated and regulated exchange, trading, and ICO platform.

The CoinMetro team want to say a HUGE THANK YOU to those who took part in our ICO earlier in the year, to those who are already using our wonderful platform, and to all of you who have been involved in our community. CoinMetro couldn’t be where we are today without your support, and we’re looking forward to a fantastic 2019!

Here’s a run-down of some of the highlights of the past year:

In January, we completed our pre-token sale, which we had launched in December 2017. We raised $8.5 million ahead of our formal token sale. The flash sales were an amazing success, underlining the enthusiasm for the CoinMetro platform and our vision.

In February, we launched our first version of the CoinMetro app. Haven’t got your hands on it yet? Download the app on Google Play and on the Apple Store! Our app has been designed to bring you everything you need in a just a few touches:

  • Sign in to you CoinMetro account
  • Check the value chart of all of your favorite cryptos
  • Use the CoinMetro Simple Exchange
  • Check and manage your CoinMetro wallet
  • Manage your banking options

In March, our main ICO came to an end, with a fantastic raise of almost $15 million. Over 6,500 contributors took part, with over 125 million XCM sold. We want to thank all of our backers, who joined us at this time, and helped us in bringing this project to life.

In May, we secured two crypto trading licenses from the Estonian government. The virtual currency wallet license and the exchange license were CoinMetro’s first pair of licenses, enabling us to operate legally under Estonian law and welcome customers from around the world. Being properly regulated is so important to everything we do here at CoinMetro.

In July, we began our closed beta. The amazing feedback we received from those that took part helped our development team dramatically improve our platforms. Beta users shed some light on what needed to be fixed before the open beta, and helped us understand what direction we were heading. This month, also saw the brand new GO! Dashboard roll off the production line, available on browsers and both Android and iOS mobile apps. The new dashboard brought a slick new UI, added features, and improved performance.

In August, we secured liquidity for trading pairs with all of the major cryptos in EUR, USD, JPY, and GBP. When the full CoinMetro platform launches, users will be able to trade the five leading cryptos – BTC, ETH, XRP, LTC and BCH – against these currencies, thanks to developing partnerships with a number of payment and e-money institutions.

In September, we launched our open beta. The open beta launched with two test-versions of the exchange platform – a ‘simple exchange’ and an ‘intermediate exchange’ – in addition to CoinMetro’s multi-currency wallet.

In October, our trading UI went live, featuring multiple order and execution types, charting tools and trade history, and rapid order processing. Developed for experienced and professional traders, CoinMetro’s trading platform joined the ‘simple exchange’ and ‘intermediate exchange’ which were already available on the open beta.

In November, as we refined the CoinMetro platform, we launched two paper-trading competitions, which were a great success! Thank you all for trading and commenting like there’s no tomorrow. We received valuable bug reports, which have helped us improve the platform greatly. Winners were decided according to volume and portfolio; all have now been credited with their prizes!

In December, CoinMetro went live! Yes – the biggest news of the year, and the moment you had all been waiting for, finally dropped. All in time for Christmas, too! Not one, not two, but three platforms, each one carefully designed to be intuitive, user-friendly, and generally awesome, are now available for you to try out.

The CoinMetro exchanges allow you to effortlessly monitor quotes, analyze price histories, place orders, and check positions – all backed by real-time market data and rapid order execution technology. Based on an intuitive design, CoinMetro’s ‘simple exchange’ screen is easy to pick up and go – designed for beginner users or those looking for a no-frills experience. Our ‘intermediate exchange’ and trading platform offer more advanced options.

Click here to join the crypto revolution!