{"id":133644,"date":"2018-09-13T11:58:38","date_gmt":"2018-09-13T15:58:38","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=133644"},"modified":"2018-09-13T07:00:27","modified_gmt":"2018-09-13T11:00:27","slug":"devere-crypto-adds-two-new-cryptocurrencies-in-the-current-bear-market","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/09\/devere-crypto-adds-two-new-cryptocurrencies-in-the-current-bear-market\/","title":{"rendered":"deVere Crypto adds two new cryptocurrencies – in the current bear market"},"content":{"rendered":"
September 13, 2018<\/div>
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By George Prior<\/strong><\/em><\/p>\n

Ethereum Classic and ZCash have been added to deVere Crypto, one of the world\u2019s leading cryptocurrency exchanges, due to strong client demand.<\/p>\n

Users of the trailblazing crypto app, launched by deVere Group earlier this year, can now also buy, sell, store, and exchange\u00a0Ethereum Classic (ETC) and ZCash (ZEC), alongside Bitcoin (BTC), Ethereum (ETH) Litecoin (LTC), Ripple (XRP), Dash (DASH), Monero (XMR) and Bitcoin Cash (BCH).<\/p>\n

Of the latest additions to deVere Crypto, Nigel Green, founder and CEO of deVere Group, comments: \u201cWhilst it remains the dominant digital currency, with currently about 58 per cent of the total market capitalization, there is much more to the crypto-verse than just Bitcoin.<\/p>\n

\u201cEach different cryptocurrency offers unique properties, strengths and uses for investors.<\/p>\n

\u201cThere\u2019s been strong demand among existing and potential investors for both Ethereum Classic and ZCash and we\u2019re delighted today that clients can now trade and store them on the app.\u201d<\/p>

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He continues: \u201cWe are committed to expanding our suite of carefully analysed digital coins for two main reasons.<\/p>\n

\u201cFirst, clients are increasingly demanding a truly diversified crypto portfolio as the sector grows and moves ever more into mainstream finance.<\/p>\n

\u201cAnd second, cryptocurrencies, as an asset class, are not going away. It is a burgeoning sector and is playing a larger and larger role within the global financial system.<\/p>\n

\u201cThere\u2019s no doubt in my mind that in today\u2019s digitalized, globalized world, the demand for digital, global currencies in some form \u2013 whether it be the biggest ones of today or not \u2013 is only set to grow.\u00a0 From now on, there will always be widely-used non-fiat money.<\/p>\n

\u201cTherefore, it\u2019s important to give clients the widest selection of the key, proven coins.\u201d<\/p>\n

Last week, deVere Group announced that it has more than 15,000 deVere Crypto clients since the app was launched in February.\u00a0 \u201cWe\u2019re delighted with the strong and overwhelmingly positive reception it has received from clients and industry professionals alike,\u201d noted the CEO.<\/p>\n

Bitcoin is, once again, showing remarkable resilience, yet the broader crypto market is currently in bear territory.\u00a0 With this in mind, Mr Green has suggested it was important to look at the bigger picture and to see the potential buying opportunities.<\/p>\n

He said recently: \u201c\u201cFor many investors, volatility is used as a welcome buying opportunity.<\/p>\n

\u201cThey look at the bigger picture. They believe that cryptocurrencies are the future of money.<\/p>\n

\u201cSuch investors also appreciate that institutional and regulatory support is increasingly inevitable and could happen sooner than many previously expected.<\/p>\n

\u201cIn addition, they are seeing for themselves how more and more global financial institutions, major corporations and household name investors are now working with cryptocurrencies and blockchain, the technology that underpins them.\u201d<\/p>\n

He added: \u201cIncreasingly, savvy investors are aware that what is taking place is a maturation of a relatively new market \u2013 hence the highs and lows almost every other week.<\/p>\n

\u201cAs such, they understand that they either have to buy and take a long-term approach \u2013 as is typically the best approach with almost all investing \u2013 or be prepared to miss the boat.\u201d<\/p>\n

\u201cAs anyone who has analysed the sector in recent years will know, the dips and peaks are a usual part of the cryptocurrency market.\u201d<\/p>\n

About:<\/em><\/strong><\/p>\n

deVere Group is one of the world\u2019s largest independent advisors of specialist global financial solutions to international, local mass affluent, and high-net-worth clients.\u00a0 It has a network of more than 70 offices across the world, over 80,000 clients and $12bn under advisement.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

By George Prior Ethereum Classic and ZCash have been added to deVere Crypto, one of the world\u2019s leading cryptocurrency exchanges, due to strong client demand. Users of the trailblazing crypto app, launched by deVere Group earlier this year, can now also buy, sell, store, and exchange\u00a0Ethereum Classic (ETC) and ZCash (ZEC), alongside Bitcoin (BTC), Ethereum […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-133644","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/133644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=133644"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/133644\/revisions"}],"predecessor-version":[{"id":133645,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/133644\/revisions\/133645"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=133644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=133644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=133644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}