While the earliest digital currency exchanges came into existence in Australia as early as 2004 - 2005, the cryptocurrency exchanges came into existence in the year 2011 after the creation of Bitcoins. And since, with cryptocurrencies becoming increasingly popular there have been several cryptocurrency exchanges facilitating exchange, trade and even storage of cryptocurrencies.

THE IDEA BEHIND CREATING RENOVATO
At RENOVATO we are a group of cryptocurrency traders creating a unique and advanced multicrypto exchange platform with innovative features for traders. Post 2017, there has been a meteoric rise in the number of cryptocurrencies and subsequently a new investment avenue apart from stocks and derivatives is created. Not only private investors and traders seek to benefit from the evolving and consistently expanding cryptocurrency market, but there has also been a wave of institutional investors including big names like Microsoft and IBM who are getting into cryptocurrencies and blockchain-based projects.

To the core of the idea that inspired us to create RENOVATO is a fact that despite incredible returns and increasing popularity of blockchain and cryptocurrencies, profitable trading is limited to few. Moreover, given the complexities of the current exchange infrastructures, often lacking advanced features, it is incredibly difficult for an average investor and trader to benefit from the opportunities that the revolutionary blockchain technology has to offer. Delving deep into research, studying the markets, understanding the user requirements and exploring the challenges both technical and otherwise. We embarked on a journey to create a next generation cryptocurrency exchange which will not only make cryptocurrency trading easy, but also more profitable for our users as they can benefit from advanced features like dedicated Portfolio Management, Follow Profitable Traders, Margin Trading with 5:1 leverage on Crypto, Forex Trading with 100:1 leverage, and Currency Conversion.