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Invest In Cryptocurrency With This Stock Exchange

For the first time ever, a stock exchange exclusively for cryptocurrency is going to be opened by SIX Swiss Exchange.

This unprecedented move was made to help integrate trading, settlement and custody infrastructure for all cryptocurrency assets. Such a stock exchange would create a protected environment for both investors and traders of cryptocurrency and company-issued tokens. Addressing the issue of safety is important due to that always being a constant worry.

The news originally broke in the form of a press release issued by SIX Swiss Exchange. The company revealed how they'll be the first to offer such fully integrated trading. This would not only contribute to a safe trading environment but also allow more assets of different kinds to be traded for the first time ever.

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Via Hacker Noon

While SIX wouldn't be the first traditional stock exchange to toy with this—with the Toronto Stock exchange and New York's International Exchange reportedly thinking about a similar idea—it's important to recall how unpredictable the world of cryptocurrency can be. With the market still trying to recover from a previous Bitcoin crash, the idea of a cryptocurrency-exclusive stock exchange might make a few nervous that it will even be successful. Still, SIX seems adamant to create this new market to improve the ease of trading, as well as its safety concerns.

Regardless of market concerns, this could legitimize cryptocurrencies in a way that's never been seen before. While expert miners know the ins and outs of the industry, there have been more less-than-desirable individuals taking advantage of an almost traceless currency. With a legitimate stock exchange taking in cryptocurrency as a real investment, this could encourage many to dip their toes in a potentially lucrative (while unpredictable) market.

Those interested in the world of cryptocurrency can learn more about this new stock exchange on the SIX Digital Exchange website.

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