RE: Potential27 Oct 2022 14:11
Mode adds new tokens as it bolsters its crypto trading offering
Mode Global Holdings PLC (LSE: MODE), the LSE-listed Fintech Group, is pleased to announce that it is adding new cryptoassets to the platform. Ethereum (ETH) is now available to buy and sell for all Mode app users, with Solana and Polkadot to follow in the following 2 weeks
Up to ten new crypto assets will be added to the Mode platform in a phased approach, as previously confirmed by the FCA. Ethereum (ETH) will be available to Mode users from today, following a successful soft launch to a select number of users one weeks ago. Initially, users will be able to trade these new tokens along with longstanding cryptoasset Bitcoin. Other features synonymous with Mode, such as cashback paid in crypto, the ability to pay with crypto and getting part or all of your salary paid in crypto are all amongst the future roadmap of the Mode platform.
As an FCA registered business and listed firm, Mode takes their user needs very seriously, providing them with a safe and trusted platform to engage with crypto. Slowly adding these tokens will allow users to set their risk appetite and engage more broadly. In addition to this, the minimum purchase requirement has now reduced to £20, allowing investors to gain exposure with a small investment.