According to a leading Indian news outlet The Economic Times, MoonX, a Swiss cryptocurrency startup, is expanding its global reach with its new decentralized exchange that is going live this November. The company’s CEO Nithin Palavalli reveals that the soon-to-be-launched exchange will stand out because of the lowest brokerages and lightning fast transactions.
The very first collective ownership exchange in the world is also expected to open development centers in London and other major cities. MoonX’s ambitious plans include more than 5 million customers by the end of the year. It’s is expected that India would become one of their main targets after the RBI crypto ban and Zebpay’s exit from the market.