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Technology news

Bitcoin cash and EOS added to deVere Crypto


29 May 2018 London
Reporter: Jenna Lomax

Generic business image for news article
Image: Shutterstock
DeVere has added bitcoin cash and EOS to its cryptocurrency exchange app, as a new global survey reveals that 35 percent of investors will have exposure to cryptocurrencies by the end of the year.

Users of deVere Crypto, can now also buy, sell, store, and exchange bitcoin cash and EOS, alongside bitcoin, ethereum, litecoin, ripple, dash, monero and stellar lumens.

The news comes as deVere release the findings of a new international poll in which it is revealed 35 percent of high net worth individuals are now already invested in or will make investments in cryptocurrencies before the end of 2018.

More than 600 respondents took part in the survey—all of them are deVere clients who currently reside in the US, the UK, Australia, the UAE, Qatar, Switzerland, Hong Kong, Spain, France, Germany and South Africa.

Nigel Green, founder and CEO of deVere Group, commented: “The addition of bitcoin cash and EOS to the deVere Crypto app is part of our ongoing commitment to clients.”

He added: “The survey’s findings demonstrate that high net worth individuals are increasingly unable to ignore the huge potential of cryptocurrencies. There’s now surging public awareness of the value, need and demand for digital, global currencies in a digitalised, globalised world.”

“I expect that a broader awareness and understanding of the crypto sector will grow exponentially in the next year as the technology that underpins it further improves, as major corporations and financial institutions embrace it, and as regulation is further developed.”

Speaking earlier this year, Green said: “All the digital coins on deVere Crypto have different characteristics, strengths and values. As such these additions help to achieve portfolio diversification within this specific asset class and their individual traits make them useful in different ways for investors.”

He concluded: “I believe that there is no longer any doubt that cryptocurrencies in some form are the future of money. And, seemingly, this is a view increasingly shared by wealthy investors the world over.”
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