• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Matrixport: Navigating the future of cryptocurrencies and finance

Matrixport: Navigating the future of cryptocurrencies and finance

user avatar

by Alexandra Smirnova

a year ago


Matrixport is a comprehensive platform for financial services in the field of digital assets, allowing users to invest in cryptocurrency, trade them, and utilize various crypto assets.

Contents:

Matrixport: Navigating the Future of Digital Assets and Finance - news

Matrixport Services

Matrixport is a fast-growing cryptocurrency platform, established in 2019 and based in Singapore. The company's founder is Jihan Wu, who also founded Bitdeer and is involved in cryptocurrency financial services. Matrixport offers a wide range of services, including:

  • lending;
  • custody;
  • spot trading;
  • margin trading.

Matrixport provides its clients with the opportunity cryptocurrency investment products, suitable for users with different levels of experience. They aim to give users more control over their personal finances. The company's main slogan is "Get more from your cryptocurrencies".

The company's wide range of services attracts users who want to increase their portfolio through the platform's investment services. Before using Matrixport's services, it's important to understand the key aspects of the platform's operation, including commissions for deposits and withdrawals.

Token Minimum Deposit Minimum Withdrawal Withdrawal Fee Withdrawal Confirmation
BTC 0.00001 0.000055 0.0005 6
BCH 0.0002 0.007 0.0001 6
ETH 0.0005 0.0008 0.0024 12
ETC 0.01 0.08 0.01 100
USDT-ERC20 1 0.1 5 12
USDT-TRC20 1 2 1 1
USDC-ERC20 1 2 5 12
USDC-TRC20 1 2 1 1

 

Users can choose from flexible or fixed cryptocurrency accounts, as well as utilize liquidity pools, DeFi protocols, and other tools to find investment opportunities. Additionally, Matrixport offers commission-free spot trading with the possibility of using five times leverage. The platform also provides convenient loans at competitive rates.

Development and Growth of the Cryptocurrency Platform

Matrixport, having spun off from Bitmain Technologies and specializing in crypto banking and financial services, raised $100 million in investment in August 2021, reaching a valuation of over $1 billion. Key investors included C Ventures and K3 Ventures, as well as funds associated with Yuri Milner, Qiming Venture Partners, and others.

The company aims to offer users more than just cryptocurrency trading. It continuously seeks new ways to invest in cryptocurrencies and earn income in a safe and sustainable manner. John Ge, Co-Founder and CEO of Matrixport

Jihan Wu, co-founder and chairman of the board of directors, sees blockchain technology as the foundation of a new financial network that will facilitate the creation and transfer of significant value.

As of March 2021, the company managed assets worth more than $10 billion and recorded monthly transactions of $5 billion across all its product lines. Adrian Cheng, founder of C Ventures, sees in Matrixport the potential to meet the growing demand for new investment areas in digital assets.

The company plans to use the funding for investment in research and development, as well as for expanding its product portfolio and improving user experience. Matrixport also aims to expand its global reach and acquire additional licenses in various jurisdictions. As of August 2021, the company holds licenses in Hong Kong and Switzerland and has more than 220 employees serving clients in Asia and Europe.

Matrixport: Navigating the Future of Digital Assets and Finance - news

Matrixport's Future Goals

Despite its advantages, Matrixport will need to make some adjustments to comply with regulations in popular jurisdictions like the USA and Canada, if they want to attract more users. Furthermore, some customers may find the app difficult to manage.

Open Finance, Metaverse, and Web3 are key to the company's investment approach. The current technological infrastructure, which serves as the foundation for society, faces serious challenges caused by its own success. These issues include user data privacy concerns, lack of trust in institutions, and high costs of intermediary services.

Web3 offers significant opportunities for more efficient and equitable distribution of value created among the community of creators and consumers, offering solutions to many fundamental problems of modern society.

Web3 technology is still in its early stages of development. Matrixport Ventures, as a leader in crypto-financial services, sees significant potential for creating synergy, collaboration, and supporting innovative projects in this area. The company is eager to work with projects and organizations at the early stages of their development to jointly promote a common development strategy.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other articles

Decentralized Technologies of the Future: An Overview of The Open Platform

chest

In the era of decentralization, The Open Platform (TOP) stands out as a promising solution in the TON ecosystem, offering developers fast and cheap transactions with convenient tools for creating dApps.

user avatarMax Nevskyi

In-Depth Review of Makina Finance — A DeFi Platform for AI Funds and Pro Traders

chest

A detailed overview of Makina Finance — a non-custodial DeFi engine for AI-powered funds and traders, offering tokenized vaults, yield strategies, and risk controls.

user avatarElena Ryabokon

In-Depth Review of Blackhole DEX: Advanced Liquidity Platform on Avalanche

chest

Comprehensive review of Blackhole — a DEX on Avalanche with veNFT tokenomics, modular AMMs, governance voting, Genesis Pools, and support for Web3 and GameFi startups.

user avatarElena Ryabokon

Squid Fighter — Web3 Fighting Game with PvP Battles, Tokens, and NFT Gear

chest

Squid Fighter is a Web3 fighting game where players earn tokens through PvP battles. A detailed look at gameplay, tokenomics, security, and Telegram integration.

user avatarElena Ryabokon

AutoHero Tezos Review — Web3 NFT Shooter Powered by Tezos Blockchain

chest

In-depth review of AutoHero Tezos — a Web3 shooter on the Tezos blockchain. Explore gameplay, NFT economy, AHT token, roadmap, and technical features.

user avatarElena Ryabokon

Magic Eden: An Overview of the NFT Marketplace with a Detailed Analysis of Its Features

chest

Magic Eden has quickly become a leader among NFT marketplaces. Supporting Solana and Ethereum, the platform offers an intuitive interface, competitive fees, and a vast collection of digital assets.

user avatarMax Nevskyi
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.