The currency market is an opaque market, where all transactions carry implicit commissions, which are in most cases hidden in the spread of each type of exchange. Great ignorance prevails on behalf of customers, who buy shares on a daily basis and who are unaware of the commissions they are being charged.
And the few customers that are clued up about this practice don’t seem to have found an alternative until now. Kantox was born to respond to this insight and bring light and fresh air to the market. It’s a new concept that proposes a simple and transparent solution for “real economy” companies. A currency exchange between companies without hidden commissions, and with the end goal of bypassing the currency market, thereby achieving maximum transparency and efficiency.