Devere Group, an international financial consultancy boasting well over 80,000 clients in more than 100 countries, has announced that Bitcoin Cash (BCH) and EOS have now been added its recently released cryptocurrency exchange app Devere Crypto.
Crypto Portfolio Diversification
This latest addition to the app means that users of the service, which also supports fiat USD, Euro and GBP, can now buy, sell, store, and exchange the two cryptocurrencies alongside the current roster of Bitcoin Core (BTC), Ethereum (ETH) Litecoin (LTC), Ripple (XRP), Dash (DASH), Monero (XMR) and Stellar Lumens (XLM).
Nigel Green, founder and CEO of the group, commented: “The addition of Bitcoin Cash and EOS to the Devere Crypto app is part of our ongoing commitment to clients. The users of the app are demanding an ever-wider, diversified crypto portfolio as the crypto sector expands and moves even further into the mainstream.” After the app released earlier this year, Green explained: “All the digital coins on Devere Crypto have different characteristics, strengths and values. As such these additions help to achieve portfolio diversification within this specific asset class and their individual traits make them useful in different ways for investors. I believe that there is no longer any doubt that cryptocurrencies in some form are the future of money.”
Shedding some light on why the group has entered the crypto market, it also released the findings of a new poll in which it is revealed that 35% of high net worth individuals are now already invested in or will make investments in cryptocurrencies before the end of 2018. According to Devere, the 600+ respondents of this poll are some of the group’s wealthy clients who currently reside in the U.S., the UK, Australia, the UAE, Qatar, Switzerland, Hong Kong, Spain, France, Germany and South Africa.
CEO Green opined: “This mainstream expansion is clearly evidenced by the fact that more than a third of wealthy individuals around the world – who are already likely to be successful investors – are telling us that they already have exposure to crypto or that they will have by the end of this year. The survey’s findings demonstrate that high net worth individuals are increasingly unable to ignore the huge potential of cryptocurrencies. There’s now surging public awareness of the value, need and demand for digital, global currencies in a digitalised, globalised world. I expect that a broader awareness and understanding of the crypto sector will grow exponentially in the next year as the tech that underpins it further improves, as major corporations and financial institutions embrace it, and as regulation is further developed.”