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Crypto Apex Inc. (Incorporated in the BVI).
We are building an exchange, or more specifically an exchange service with escrow to trade your XEM to FIAT currencies and vice versa. But our exchange wouldn’t be just one more ordinary cryptocurrency exchange. We are planning to introduce NEM assets on our exchange to enable cheap, reliable and easy transactions of the assets. In addition, we will also integrate our services with a bank to enable real time FIAT transactions with our customers. On top of that, the integration with a bank enables a lot of new possibilities, for example, we won’t be holding our customers’ FIAT nor cryptos, as the FIAT and cryptos will be in our customers’ own wallets for most of the time. Trading your cryptocurrency has never been made this easy, as it will be a part of the all familiar NCC.
We, the founders of Crypto Apex Inc., believe that having a dedicated exchange service is absolutely vital for NEM’s survival. We realize that by not having a gateway to easily convert your FIAT to XEM is hurting NEM in the long term. Right now, you need to first buy BTC from the market to be able to buy XEM, which is actually more beneficial for BTC than to XEM. This is what we want to change with our project. We want to offer an easy solution to trade your FIAT to XEM, without the need to buy any BTC from some other place. We believe that this will be extremely beneficial to NEM in the long term. Of course, we will also enable some other trading pairs, BTC/XEM and FIAT/BTC, for example.
And we are only scratching the surface of Crypto Apex with our FIAT/XEM exchange solution. We believe that our project can be so much more than just an exchange. For example, we will be enabling the trading of NEM assets on our platform, which can evolve into many more services in the future.
We are seeking community funding, as starting our project hasn’t been and isn’t going to be cheap. We are estimating that the costs of our project will be much higher than the possible money received from this fund. Nevertheless, we are willing to pay the shortfall from our own pockets, as we sincerely believe in this project. We are here for the long term, and for the benefit of NEM. This is why we hope for your support for our project.
Niko Mäenpää (me)
50 Million XEM.
Design Development: Done
Programming: 70% done, 100% by End September
Beta Test: October and November