Dzengi Com Company

　　

Dzengi Com Company: A Comprehensive Overview

　　

1. Company Overview

　　

Founding Date and Background

　　Dzengi Com, originally known as Currency.com, was founded in May 2019. The platform was established with the mission to democratize finance by providing access to tokenized assets and cryptocurrencies to a global audience.

　　

Parent Company/Owership Structure

　　Dzengi Com operates as a privately held entity. It is owned by Viktor Prokopenya, who has played a significant role in shaping the companys strategic direction and growth.

　　

Headquarters Location

　　The company is headquartered in Minsk, Belarus, with additional offices in Gibraltar and London, UK. This strategic positioning allows the company to cater to a diverse range of clients across various regions.

　　

Global Business Scope

　　Dzengi Com has a global reach, offering services to clients in Europe, Asia, Africa, and beyond, although it does not provide services to residents of the United States and certain other restricted countries.

　　

Main Regulatory Bodies

　　The exchange is regulated by the High Technologies Park of Belarus, which oversees its operations. Additionally, it holds licenses to operate in Gibraltar and the UK, ensuring compliance with local laws and regulations.

　　

2. Company History and Development

　　

Key Milestones

• 2019: Dzengi Com (as Currency.com) was launched, focusing on tokenized assets.
• 2020: The company reported a 374% growth in its client base, marking it as one of Europes fastest-growing cryptocurrency exchanges.
• 2021: The platform saw a 196% increase in new accounts opened in the first half of the year compared to the previous year.
• 2022: Currency.com rebranded to Dzengi Com, reflecting its broader vision and expanded services.

　　

Business Expansion Journey

　　Since its inception, Dzengi Com has expanded its trading offerings significantly. Initially focused on cryptocurrencies, the platform now includes a variety of tokenized assets, including stocks, commodities, and indices.

　　

Customer Base Growth

　　The platform has experienced rapid growth, with a reported increase in trading volumes by 85% during the second half of 2020. This growth trajectory has attracted a diverse clientele, including both retail and institutional investors.

　　

Platform Development History

　　Dzengi Com has continuously enhanced its platform to improve user experience. The introduction of a robust mobile application and a user-friendly web interface has made trading more accessible to a wider audience.

　　

Important Awards or Recognitions Received

　　While specific awards have not been detailed, Dzengi Com has been recognized in the industry for its innovative approach to integrating traditional financial markets with cryptocurrencies.

　　

3. Trading Services Offered

　　

Forex Trading Options

　　Dzengi Com offers a comprehensive selection of Forex trading options, with over 150 currency pairs available for trading. This includes major, minor, and exotic pairs, catering to a broad range of trading strategies.

　　

Stock Trading Options

　　The platform provides access to a variety of tokenized stocks, allowing users to trade shares of prominent companies like Apple, Amazon, and Tesla. This feature enables investors to benefit from price movements in traditional equities without needing to convert their funds into fiat currency.

　　

CFD Trading Products

　　Dzengi Com includes Contracts for Difference (CFD) trading, allowing users to speculate on price movements of various assets, including cryptocurrencies, commodities, and indices, without owning the underlying asset.

　　

Other Financial Instruments

　　In addition to Forex and stocks, Dzengi Com offers a diverse range of financial instruments, including:

• Cryptocurrencies: Over 150 cryptocurrencies are available for trading, including Bitcoin, Ethereum, and Litecoin.
• Commodities: Users can trade tokenized commodities such as gold, silver, and oil.
• Indices: The platform offers trading on major indices, including the S&P 500 and FTSE 100.

　　

Special Services or Unique Advantages

　　Dzengi Com distinguishes itself with high leverage options, offering up to 1:500 leverage on certain trades. Additionally, the platform's focus on tokenization allows for seamless trading across different asset classes, providing a unique trading experience.

　　

4. Regulatory and Legal Background

　　

Detailed Regulatory Information

　　Dzengi Com is regulated by the following bodies:

• High Technologies Park of Belarus: This regulatory authority oversees the operations of the exchange within Belarus.
• Licenses in Gibraltar and the UK: These licenses enable the company to operate in compliance with the respective jurisdictions.

　　

Legal Entity Structure by Region

　　Dzengi Com operates as a closed joint-stock company in Belarus, with legal entities established in Gibraltar and the UK to facilitate its global operations.

　　

Client Fund Protection Measures

　　The platform employs several measures to protect client funds, including:

• Cold Wallet Storage: A significant portion of user funds is stored in cold wallets to minimize the risk of cyberattacks.
• Two-Factor Authentication (2FA): This security feature is mandatory for account logins and transactions to enhance user security.

　　

Countries/Regions Served

　　Dzengi Com serves clients from various countries, primarily in Europe, Asia, and Africa. However, it is not available to residents of the United States, Syria, and several other regions due to regulatory restrictions.

　　

Compliance History

　　The platform has maintained compliance with AML and KYC regulations, ensuring that it operates within the legal frameworks of the jurisdictions in which it operates.

　　

5. Competitive Landscape

　　

3-5 Main Competitors

　　Dzengi Com faces competition from several well-established cryptocurrency exchanges, including:

• Binance: One of the largest exchanges globally, offering a wide range of cryptocurrencies and trading options.
• Coinbase: A user-friendly platform popular in the United States and Europe, known for its ease of use and regulatory compliance.
• Kraken: A US-based exchange with a strong reputation for security and a comprehensive selection of cryptocurrencies.

　　

Positioning in the Industry

　　Dzengi Com positions itself as a pioneer in the integration of traditional finance with cryptocurrency trading, focusing on tokenized assets. This unique approach allows it to cater to a niche market of investors looking for diversified trading options.

　　

Market Differentiation Factors

　　Key differentiation factors for Dzengi Com include:

• Tokenized Asset Trading: The ability to trade traditional assets in a tokenized format sets it apart from many competitors.
• High Leverage Options: Offering leverage up to 1:500 attracts more experienced traders looking for higher risk-reward opportunities.
• User-Friendly Interface: The platform's intuitive design and robust mobile app enhance the trading experience for both novice and experienced traders.

　　In conclusion, Dzengi Com stands out in the competitive landscape by merging traditional finance with modern cryptocurrency trading, providing a unique platform that caters to a diverse range of financial instruments and trading strategies. For those interested in learning more about Dzengi Com and its offerings, further exploration of the platform and its services is encouraged.

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