Home CryptoBinance KXCO Safe from FTX, Binance

KXCO Statement on FTX, Binance

KXCO and our ecosystem’s currency $FBX board have been watching the developments at FTX and Binance with interest.

KXCO have no exposure to the current FTX, Binance situation and believe the impact on the Crypto market will continue to create uncertainty for the months ahead. Much like 3AC and Celsius the initial direct hit will be followed by collateral damage as firms exposed to the failed entities begin to collapse, the domino effect takes time to play out.

The lack of confidence and the falling Crypto prices will slow the entire industry, $FBX has seen a dip but that has sped the buyback KXCO implemented once the takeover was complete.

On a more positive note the failures at these firms have highlighted the strengths of KXCO:

Some of the strategies we have seen as 3AC, Celsius and Alameda unraveled have highlighted that “Crypto” has reinvented nothing, the traditional rules of risk management are still the rules that need to be in place in the Crypto world.

The KXCO Trade Desk is a leading principal trading firm. they act as a trusted partner for institutions and individuals globally looking to deploy their capital and/or enhance their liquidity. they create strategies to help you optimize your unique investment objectives. KXCO are uniquely capable of reaching across all asset classes from Crypto to FX, Equities and beyond.

KXCO play an important role in increasing the accessibility and liquidity of cryptocurrencies to traders, investors, and market participants around the world. The KXCO team offers its services to selected cryptocurrency projects through its proprietary KXCO Exchange and institutional grade trading programs that were built entirely in-house by our developers. Trade execution is performed by a mix of human interaction by our team of expert traders and computer programs built in-house following strict risk management principles.

KXCO spans the entire blockchain ecosystem ranging from a unique sophisticated blockchain with unique features (KXCO Armature™), to a Centralised-Decentralised-Exchange (KXCO Exchange) run by expert traders, to our own wallet, Metaverse and other services.

Built by a team of experienced traders, gaming specialists and IT engineers with an entrepreneurial spirit, the KXCO™ was founded in 2017 and built with a mission to create a unique ecosystem for the financial savvy user.

Our operations span across the entire blockchain value chain cantered around our proprietary KXCO™ Blockchain.

We operate on a continuous basis 24/7 with a presence around of the world.

You may also like

logo-white

Your Trusted Source for Capital Markets & Related News

© 2023 LiveTradingNews.com – For The Traders, By The Traders – All Right Reserved.

The information contained on this website shall not be construed as (i) an offer to purchase or sell, or the solicitation of an offer to purchase or sell, any securities or services, (ii) investment, legal, business or tax advice or an offer to provide such advice, or (iii) a basis for making any investment decision. An offering may only be made upon a qualified investor’s receipt not via this website of formal materials from the Knightsbridge an offering memorandum and subscription documentation (“offering materials”). In the case of any inconsistency between the information on this website and any such offering materials, the offering materials shall control. Securities shall not be offered or sold in any jurisdiction in which such offer or sale would be unlawful unless the requirements of the applicable laws of such jurisdiction have been satisfied. Any decision to invest in securities must be based solely upon the information set forth in the applicable offering materials, which should be read carefully by qualified investors prior to investing. An investment with Knightsbridge is not suitable or desirable for all investors; investors may lose all or a portion of the capital invested. Investors may be required to bear the financial risks of an investment for an indefinite period of time. Qualified investors are urged to consult with their own legal, financial and tax advisors before making any investment. Knightsbridge is a private investment firm that offers investment services to Qualified Investors, Members and Institutions ONLY. Qualified Investors are defined as individuals who have met those Qualifications in the relevant jurisdictions. Members are defined as individuals who have been accepted into the Knightsbridge membership program. Institutions are defined as entities such as banks, pension funds, and hedge funds. If you are not a Qualified Investor, Member or Institution, you are not eligible to invest with Knightsbridge. All investments involve risk, and there is no guarantee of profit. You may lose some or all of your investment. Past performance is not indicative of future results. Knightsbridge is not a registered investment advisor, and this disclaimer should not be construed as investment advice. Please consult with a qualified financial advisor before making any investment decisions. By accessing this website, you agree to the terms of this disclaimer. Thank you for your interest in Knightsbridge.