Coinworld News Report:
Web3 technology, often hailed as the future of the internet, has revolutionized our interaction with the web by combining decentralized internet experiences with blockchain technology. Despite its inherent benefits, only a small fraction of users have embraced this innovation compared to the vast majority entrenched in the Web2 space.
Romanian cryptocurrency exchange TOKERO has launched a straightforward solution. Leveraging years of expertise, TOKERO aims to onboard 100 million future users into Web3. This article explores how the exchange plans to achieve this.
What is TOKERO?
TOKERO is a cryptocurrency exchange where users can trade Bitcoin (BTC), Ethereum (ETH), and over 110 other digital assets. It also facilitates seamless transfers between fiat and cryptocurrencies. According to its website, TOKERO serves users across more than 27 countries.
Founded in 2017 as a small cryptocurrency startup in Romania, the exchange was formally established in 2018. Today, it stands as one of Eastern Europe’s leading cryptocurrency companies. The exchange is currently led by CEO Marius Morra and Co-CEO Sabin Simionescu, supported by a team of over 30 professionals with diverse expertise, focused on building a cryptocurrency platform.
In April 2024, TOKERO completed a private token financing round, raising $1.4 million for its platform. The tokens sold were TOKERO’s native cryptocurrency, TOKERO LevelUP tokens, priced at $0.02 per token. The new cash infusion has been invested in platform development, including establishing the TOKERO Academy.
TOKERO Exchange has integrated with top exchanges such as Binance, Kraken, Gate.io, Ascendex, KuCoin, and soon Bybit, ensuring optimal liquidity for listed cryptocurrencies. With recent funding, the exchange has been actively integrating decentralized exchanges (DEXs) from four prominent blockchains—Ethereum (ETH), Solana (SOL), BNB Chain (BNB), and MultiversX (MVX).
The Romanian exchange plans to list 1,000 crypto assets within less than two years, thereby increasing accessibility to digital assets, especially for new users.
Introducing the Next Generation of 100 Million Users to Web3
Having weathered two major cryptocurrency bear markets, TOKERO sees itself as well-positioned to educate the next wave of 100 million users joining the Web3 ecosystem. Their approach involves three main initiatives:
1. Financial Education
TOKERO offers the Learn2Earn system where users can learn cryptocurrency-focused topics and terms, potentially earning rewards. By completing courses within the learning modules, participants can earn TOKERO LevelUP tokens valued up to $10. The European cryptocurrency exchange believes these incentives will attract more non-crypto natives into the Web3 ecosystem.
2. Onboarding Incentives
TOKERO disclosed that it will allocate $1 million worth of native tokens to reward new users and affiliates. All new users who fully verify their accounts will receive up to $20 in TOKERO tokens, while affiliates will earn up to $10 per invitee who completes the Know Your Customer (KYC) process. Additionally, affiliates will receive 25% of the invitee’s trading fees for life.
Check out TOKERO and apply for $20 in TOKERO LevelUP tokens as a welcome bonus.
3. User-Friendly Interface
A common barrier for cryptocurrency newcomers is understanding the complex interfaces of most cryptocurrency exchanges. TOKERO addresses this by providing an intuitive interface to attract more users, laying a foundation for easy cryptocurrency trading via crypto points (plug-and-play cryptocurrency-to-cash solutions), which are easily implemented in any currency exchange.
Final Thoughts
TOKERO aims to bridge the gap between the future 100 million new users and the Web3 space. With its solid performance over more than six years and recent funding achievements, TOKERO’s goal seems inevitable within the next five years.
