# Everyone, meet SINEGY's new baby; **Marketplace** 📈. https://cdn.steemitimages.com/DQmTcrLYf8KAm42ZjRaVafCob2fPp326tyr5zCtbrxtaQYT/Marketplace%20blog%20image.png In its first six months of operations, **SINEGY-OTC** transacted more than USD16m worth of digital assets for more than 400 Malaysian clients. Following the success of SINEGY-OTC, SINEGY is now introducing its *flagship exchange service*, Marketplace. Our centralised exchange platform will allow Malaysian traders to purchase the major crypto pairings (BTC, ETH, XRP) with both fiat and our own MKTP token after its public launch in November - Malaysia’s first Initial Exchange Offering. ## MARKETPLACE IS NOW LIVE! https://cdn.steemitimages.com/DQmTPrGVZVYxb7FtYGjiQWBLGEgspzcxt6fnB8ijy2Dewof/image.png **Marketplace Phase 1** went live for beta testing in late August, and has over 550 account signups in its first month. Whilst the platform is open to the public, SINEGY has held back its marketing effort thus far. At this stage, the company is encouraging professional traders and market makers to test out the platform first by posting orders and executing trades. This testing phase will ensure the robustness of the platform and also generate liquidity on the exchange before the main public launch. ## Why Marketplace? 1.**FIAT PAIRINGS** * Deposit *Malaysian Ringgit* onto the platform to buy *BTC, ETH, XRP & MKTP* * Sell *digital assets* on the platform for MYR, withdraw your *fiat* free of charge 2.**MAKER REBATE** - Earn **0.25%** for posting limit orders in the **order book** (*Liquidity Provider*) - Earn rebates in MYR or Crypto - Limit Buy/Sell Order: means *delayed* Buy/Sell 3.**COMPETITIVE TRADING FEES** -Market Buy orders pay just 0.50% (**0.003% with MKTP**) (*Liquidity Taker*) -Market Buy/Sell order: means *instant* buy/sell 4.**BEGINNER FRIENDLY UI** -Not everybody is pro trader, Marketplace **levels the playing field** for Malaysian traders -Pro trader package in **Phase 2** will include *charts* and *market depth tools* https://cdn.steemitimages.com/DQmUDgjw53QgDtoM34zxCY4qpncFSXBBBdHbqQyRP9za8yP/image.png *Beginner friendly UI + cross order book* 5.**TRADE ALL NEW MARKETS** - Our exchange is *different*. Trade across order books. - E.g. Trade ETH/XRP. I.e. Swap between altcoins 6.**ONE STOP SHOP** - Over time Marketplace will list more altcoins - No more need to operate *two accounts*, all your trading needs in *one platform* 7.**PARTICPATE IN INTIAL EXCHANGE OFFERINGS** - Participate in **Malaysia's first IEO** by signing up and buying **MKTP** token - Conduct your own IEO: let SINEGY manage your public sale leveraging our **KYC/CTF infrastructure** and **list your token on marketplace** 8.**REGULATORY COMPLIANT** - Strong e-KYC and CTF procedures required for all clients and customers - Enjoy a **relationship** built on **trust** and **confidence** Despite the doom and gloom currently affecting the Cryptocurrency ecosystem, SINEGY remains confident in the market's potential for future growth and has uniquely positioned itself to capture a significant market share in the South East Asian region. With the recent beta launch of Marketplace, the initial development stage of this mission has come to a close and the next phase of building a user base and genuine liquidity in its order books has only just begun. ### **Marketplace Volume After 1 Month in Operation** https://cdn.steemitimages.com/DQmQCnXAYXzWCymGFiN9mqWJTHahNnV6iXxvEo7KkbWEz7n/image.png If you'd like to participate in the digital asset revolution with SINEGY, head over to the Marketplace website and sign up for an account. Following the completion and verification of our industry standard KYC protocols, you will be free to trade as you please. Should you have any questions about **Marketplace**, please do not hesitate to reach out to the team in the SINEGY Marketplace Official Community _Telegram Channel_ or email our support team (hello@sinegy). ## Slide into our DM's if you think Marketplace is cool! 😎 Website https://sinegy.com/ and https://marketplace.sinegy.com/ Learn about our MKTP Initial Exchange Offering Social platforms Facebook Telegram Twitter Support email hello@sinegy.com