Kyrrex, a global financial, payments and investment ecosystem and the world’s first digital bank, listed its KRRX token on HitBTC on November 30th.

Founded in 2018 by Viktor Kochetov and Mykhail Romanenko, Kyrrex is a cryptocurrency ecosystem that has evolved into a diverse range of products and services. It is a useful and safe tool for users who work with digital assets on a daily basis. Today their main product is the Kyrrex Crypto Exchange, where various cryptocurrency transactions take place.

License

Kyrrex has received the highest level of license for Virtual Financial Assets (VFA) from the Maltese Financial Services Authority. This has positioned the company to be able to offer services to investors who can rest assured that users’ funds are safe. With a VFA Course 4 license, Kyrrex can offer its customers various crypto-related products and services such as trading programs, deposit programs, crypto payment services, exchange cryptocurrencies and cryptocurrencies.

KRRX .Token

The KRRX token provides various conditions for interacting with Kyrrex services and features and offers exclusive benefits to all KRRX holders. The token is listed on HitBTC, Kyrrex’s first public listing. Kyrrex will shortly announce additional agreements with other major exchanges.

Lock and unlock

The platform will lock the remaining 30% of the tokens for four years, with further releases every six months and availability on the platform.

Use of funds

Kyrrex will provide 45% of the raised funds for the development of ecosystem products, 35% for marketing and legal support for licensing in new regions, and 10% for insurance funds.

Main function

Social trading allows users to follow other traders for a flat fee. The payment methods are fiat currency, cryptocurrency or KRRX tokens.

Multiple account management involves the trading services of a manager or trader in exchange for a share of the profits made.

The referral program offers bonuses after users attract three or more of their colleagues.

The online banking, which is planned for the fourth quarter of 2022, will offer a cashback function of 20%, with 3% on card transactions. Users who pass verification on the exchange will receive 20 KRRX tokens.