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Kyrrex has Received VFA Class 4 License
Kyrrex is a worldwide crypto-fiat ecosystem based in Malta. The company is very proud to announce that as of yesterday it has received a Class 4 virtual Finance asset (VFA) Licence from the Malta Financial service authority (MFA), the highest of its kind. This is a pivotal time for the company that will now become a leader in helping bridge the gap between the traditional financial world and the digital one.
Under the Class 4 VFA License, Kyrrex under the Real Exchange (REX), LTD will provide its VFA services to experienced and novice investors in full compliance with the EU regulations. It includes VFA exchange management, own account transactions, custody and control of clients' assets. Class 4 VFA License by the Malta Financial Services Authority (MFSA) makes Kyrrex one of the few cryptocurrency exchanges (ecosystem) to have received such high recognition.
"For Kyrrex, the Class 4 VFA License is the result of many years of hard work and sacrifice in the field of digital assets. In the last 5 years the company has worked hard in building its infrastructure, hardware and software. We showed the authority that Kyrrex can handle the highest level of strict requirements and long term commitments requested. Moreover, the license helps us to reach one of the main targets in our road map to success — to allow Investors and traders to be convinced that their funds are under protection and that all transactions are absolutely legal. In the future, the license will open up opportunities such as online banking, tokenization platform, margin trading. This is a pivotal moment for our company that will allow Kyrrex to develop its full potential as a leader in this field, thanks to the highest level of license we will be able to expand the range of our services for all types of users. We are building a fully regulated ecosystem that will ensure safety and fairness pricing to all'' - Viktor Kochetov, CEO, Kyrrex Founder, noted.
Kyrrex is well-known for its large number of trading instruments and offers a large volume of liquidity and high transaction processing speed for its customers. The company is now able to accept EU residents on its platform.
This highest type of license permits providing customers with a large pool of crypto-related products like trading, deposit program, crypto-fiat and fiat-crypto exchange, cryptocurrency payment services.
"The number of digital assets in the world is growing rapidly and with it the necessity for clear regulations. Thanks to the Malta license, we are closer to achieve our goals quickly and decisively, namely to provide a wide portfolio of products for our clients. We are proud to lead the industry in regulatory compliance. This crucial moment will allow us to speed up the process in obtaining other licenses in the rest of the world '' - said Viktor Kochetov, CEO, Founder Kyrrex.
About Kyrrex
Kyrrex is a crypto-fiat ecosystem founded in 2018. It is a set of products and services necessary for users to work with digital assets daily. The main product is Kyrrex Crypto Exchange, where various cryptocurrency transactions are performed.
Kyrrex is bridging the gap between the banking sector and the cryptocurrency markets by offering products and services relevant to a broad range of individuals and entities. Global accessibility combined with the reliability of traditional banking, reflects the platform’s versatility and novelty on a global scale.
To recall — on the 25th Oct Kyrrex has announced the launch of the presale round for its KRRX Token with a broad use across features and services and the exclusive benefits to the holders.
About Malta VFA license
Malta pioneered the Digital Financial Asset Services Act. The legislation has made Malta an ideal place for cryptocurrency giants. Each license contains a set of rules for business representatives. It is important to understand what business operations can be conducted with a license of the appropriate class. Class 4 VFA License is the highest level any digital players can obtain.
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Kyrrex is happy to announce the next joint project with Vireye. This collaboration aims to redefine the gaming economy by integrating cutting-edge crypto technologies and modern play-to-earn concepts. Kyrrex will facilitate the first withdrawal of tokens within HamstaParty, a casual competitive game designed to elevate the overall experience. The synergy between Kyrrex's secure and efficient crypto platform and Vireye's vision for a dynamic ecosystem creates an unprecedented opportunity for gamers.
HamstaParty is available on iOS and Android.
Unique Experience for Everyone
HamstaParty is a fun journey into the vibrant Hamsta World. This game offers a diverse range of activities suitable for all ages. Set in a bustling hamster town, players can customize their adorable characters with unique skins, adding a personalized touch to their experience.
Each HamstaParty match is a quick and engaging burst of excitement, lasting under 90 seconds. The game's simplicity and intuitive design, coupled with a fresh approach to prize distribution, ensure that every player has an equal chance to win. Vireye is rapidly expanding the number of mini-games. The current roster includes HamsterRunner and HamstaDodger, with two additional games, Hamsta Jumper and Hamsta Grounds, set for release by early 2024.
Try 'Fun and Earn' with Kyrrex
HamstaParty's mission revolves around the concept of 'Fun and Earn.' Initially, players enjoy a well-spent time, victories in collecting Golden Beans, and unique character customization. Over time, this evolves into a compelling source of earnings. At the core of HamstaParty is its unique currency ecosystem, featuring Beans and Golden Beans:
- Beans. The primary in-game currency for playing mini-games and purchasing common skins and accessories.
- Golden Beans. The exclusive currency offers special features such as entry to Hard mode contests and acquisition of high-tier limited items.
Developers create an infrastructure that allows players to exchange Golden Beans for partner project tokens. Now is the opportune moment to become an Early Bird and join the game as it gradually builds its audience. Players can play and earn Golden Beans through various in-game activities, turning it into an exciting play-to-earn venture.
Obtaining Golden Beans is possible through daily bonuses, winning duels, competitions, community participation, testing, and completing special tasks. The first withdrawal of Golden Beans to partner tokens is imminent, facilitated by Kyrrex, with the drop costing $5,000, open to all participants. Negotiations are underway to enable the future exchange of Golden Beans for KRRX tokens without restrictions.
Stay tuned for more information about HamstaParty! Follow Kyrrex on social media to get the latest news about its projects! Join Discord.
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Crypto Trading Made Accessible to Anybody
With Bidsbee, trading stops being an area for selected ones. The platform launches the Copy Trading functionality for those who prefer relying on the expertise of professionals, and those who want to test their strategy or try themselves in trading without losing funds, trading with a virtual balance is available.
Bidsbee Functionality
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The Copy Trading functionality is developed for beginners and those traders who cannot monitor the market constantly but instead, prefer to rely on the expertise of their colleagues.
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- Create an account on Bidsbee.
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- Select a trader whom one wants to copy, and subscribe to.
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Kyrrex Surprises MotoGP Fans With a Massive Giveaway
As a cryptocurrency platform passionate about the high-speed world of sports, Kyrrex has reached a significant presence in MotoGP. We stand up for speed, strategy, and success, much like the elite athletes we sponsor.
Our ambassadors consistently deliver outstanding results promoting our brand. Their latest triumphs in the MotoGP and Moto2 championships in Thailand, Australia, and Indonesia have showcased the Kyrrex logo for millions of people.
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🎁 For one ultimate fan, an exclusive one-day MotoGP paddock pass.
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