Street Exchange (StreetX) operates and manages the minimum viable product operations, which provide a secure platform for the cryptocurrency investors in conducting peer-to-peer (P2P) crypto trading. StreetX offers a ‘simple’ way to trade that brings people together, backed up by a blockchain wallet and cryptocurrency exchange process. This makes transactions faster, easier, and more secure.
StreetX plans to expand its operations to the entire South and Southeast Asia, Europe, and the Middle East in the next few years with the goal of becoming one of the biggest exchanges and apex in the league. It seeks to expand geographically, along with the highly traded cryptocurrencies and digital tokens.
StreetX hopes to break the investors' mentality that trading at exchanges are not secured and assists the traders and travelers to get easy and commission-free foreign exchanges while they are abroad. These transactions used to be a loss-making proposition caused by high commission rates of banks and other international exchange bureaus.
StreetX is marketed by Global Crypto Hub (GCH), a Philippine-based events management company that is focused on creating a collaborative environment for the crypto-community. According to its CEO, Jamie Parkinson, StreetX’s mission is to perpetuate a shift in crypto trading by promoting effectual technologies and drive a new era of easy and improved cryptocurrency exchanges.
"StreetX is designed for those who do not want to provide their full control or privacy to a central authority such as governments, banks, and centralised organisations. It seeks to freely trade with the other individuals. The exchange regards financial transactions as a form of free and private speech that should be protected from surveillance and regulation. Unlike traditional online exchanges, StreetX is instantly accessible. There is no need for registration or approval from a central authority. The exchange is simply between two parties and not involving an intermediate exchange," according to the founders.