Moopay to take over management and operation of MintPal trading exchange.
Monday 28 July, 2014
Moopay plans to incorporate and promote MintPal as its primary altcoin trading platform,
FOR IMMEDIATE RELEASE
CAMBRIDGE, UK - July 28, 2014
Moopay LTD (https://moolah.io) announced today that it will be taking over the management and operation of mintpal.com, a leading altcoin exchange, following the acquisition of MintPal Limited. Moopay will bring significant development and security expertise to the table, and this new partnership will result in a number of new opportunities for customers of both platforms.
“We reached out to MintPal as we believed that we could restore confidence in the exchange by bringing our experience and expertises to the table. MintPal has a solid trading platform with a user interface that is second to none, and we intend to again make it one of the foremost altcoin trading platforms, with an increased focus on security and performance.” said Alex Green, CEO of Moopay LTD.
Founded earlier this year, MintPal established itself as one of the premier trading exchanges in the altcoin sector. With a focus on quality over quantity and an easy to use and responsive interface, MintPal quickly became popular within the community. MintPal will continue to primarily focus on premium and proven markets in order to avoid the recent premine “scams” that have plagued other exchanges, to further protect our customers.
Moopay plans to incorporate and promote MintPal as its primary altcoin trading platform, while switching focus on its existing currency exchange to purely FIAT based markets. A number of security and performance enhancements are already in the works, with further features and improvements to the platform planned out over the next few months.
MintPal will soon benefit from a dedicated 24/7 customer support team, an extensive internal and third party review and refactoring of all code bases, and a change to existing security practices in order to further secure customer funds. MintPal will continue in the interim as a standalone exchange, with a view to sharing logins between the two platforms in the near future.
MintPal will also benefit from the introduction of dedicated high speed “no frills” desktop based trading applications, and a streamlined mobile trading interface – both to be introduced within the next few months.
As a result of the acquisition, once the takeover period is complete (happening through the month of August), MintPal will be fully managed and operated by Moopay.
More information relating to the acquisition can be found on the Moopay blog at http://blog.moolah.io/
Moopay is a provider of financial and payment processing services for consumers and merchants, primarily based around digital currency. With more than 90,000 customer accounts, their platform is used around the world in a diverse range of locations. Founded in 2013 and headquartered in Cambridge (UK), Moopay has a team split between the United Kingdom and United States.
Press release distributed by Pressat on behalf of Moopay LTD, on Monday 28 July, 2014. For more information visit http://www.pressat.co.uk/
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