The app is from the company’s Circle Invest division, and comes a few weeks after Circle made the announcement about acquiring the popular cryptocurrency exchange, Poloniex. Yes, it seems like Circle is poised to be able to make a few moves as it seems to be one of the most legally compliant players in the sector, under the wing Goldman Sachs and one of the few players in the market who have the Bitlicense.
The new app from circle will allow users to trade cryptocurencies easily
The app was rolled out as early access availability to all U.S. residents except for those in New York, Minnesota, Hawaii, and Wyoming. The residents of these States will be able to avail the offerings by Circle Invest once the company finalizes additional regulatory requirements with the authorities of these States – while the company specifically mentioned that it will be available in NY very soon.
Circle mentioned that it has ensured to keep the app simple to use and without adding any cluttering features that will put off an everyday user due to being too complicated for a mobile app.
The company stated that for this very reason, the features in the app have been kept simple so people could know how to easily buy and sell multiple cryptocurrencies without getting confused between features that they might not even use.
Circle is also expected to launch its fully fledged cryptocurrency exchange operations in a few months, leveraging Poloniex’s infrastructure.
About Circle and User friendliness