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Paul Vernon Cryptsy

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Paul Vernon says Cryptsy is striving to be the model of how a crypto-currency business is run. He says that Cryptsy plans to be around for many years to come, and that the opportunities for the Delray Beach, Florida company are boundless. “Cryptsy will expand its service offerings for merchants who want to easily accept Bitcoin and other crypto-currency payments as an alternative payment method for their e-commerce sales,” he says. Paul Vernon says Cryptsy is striving to be as simple and as secure as possible. He has developed web-based applications that are tools and resources for the crypto-currency community.

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Awards/Recognitions

    • Paul Vernon of Cryptsy is the company’s Chief Executive Officer, and has overseen the company’s rapid growth since he took over the helm in October of 2013. He says that the company’s objective is to be the one place where the crypto-currency community can trade their crypto-currency safely and securely. Cryptsy, Paul Vernon says, works hard to make its user experience as simple and secure as possible.
    • Paul Vernon studied Computer Systems Engineering at Arizona State University after completing nearly eight years of service in the United States Army. As an Intelligence Analyst, he gave system and Intelligence briefings to 2, 3, and 4-star generals, who used his data in their decision making process.
    • Before coming to Cryptsy, Paul Vernon founded Ontime Online, a web site hosting company, and DVD Barn Inc., which competed directly with Netflix. He was Chief Executive Officer at both companies. Colleagues regard Paul Vernon as a versatile c-commerce technical expert, whose business sense is equal or superior to many MBAs.

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    • Paul Vernon of Cryptsy says the company plans to be around for a long time, and is working hard to be a model of how to operate a crypto-business.
    • Paul Vernon is Crypto Chief Executive Officer and has been since October of 2013. Crypto is operated by Project Investors, Inc, and focuses on the exchange of crypto-currency such as Bitcoin and its derivatives. “We currently service more than two hundred different types of crypto-currency,” he says.
    • Cryptsy.com has enjoyed a rapid expansion since its exchange opened on May 20, 2013. Both its customer base and trade volume have greatly increased. At present Cryptsy has more than 270,000 registered users spread out all over the world, and do a volume of more than three hundred thousand trades every day.
    • Paul Vernon Cryptsy strives for transparency in everything that it does, and in always doing what is right. The company prides itself on being one of the most secure places to trade on the Internet, and takes great pains to make it that way. He acknowledges that the crypto-currency space has been the target for of hackers since the increase in value of Bitcoin. “These hackers target not only Cryptsy users, but users of many other Bitcoin services.”

Areas of Expertise

    • Paul Vernon of Cryptsy says his company is striving to make the cryptsy.com exchange as simple and secure as possible.
    • He describes Cryptsy as an Internet startup that is operated by Project Investors, Inc.. “We are a responsible, solid company, and reputable,” Paul Vernon of Cryptsy says. “Cryptsy is a USA-based company with a real office and real employees. We put great effort into customer service and ensuring our systems are running optimally.”
    • Cryptsy, Paul Vernon says, is an alternative crypt-currency exchange. ‘We offer a server that allows users to trade one type of crypto-currency for another, using an open market format.” He says that crypto-currency is a new kind of global currency that is based on distributed computing rather than on gold and banks
    • Paul Vernon of Cryptsy is a veteran of the United States Army, and says that his background includes creating tools and resources for the crypto-currency community. “”Cryptsy’s goal is to be the one place that everybody trades their crypto-currency,” he says. “We strive to make things as simple and as secure as possible.” He adds that Cryptsy is registered with FinCEN and is working toward getting its state licensing as a money transmitter, and Better Business Bureau accreditation.

Employees

    • Paul Vernon is Cryptsy Chief Executive Officer, and the founder and former CEO of the DVD Barn in Scottsdale, Arizona.
    • Cryptsy is based in Delray Beach, Florida. Paul Vernon says that in spite of the virtual nature of its business, Cryptsy has a real office with real employees, each of whom puts a lot of effort into customer service, and making sure that Cryptsy systems are running at their best.
    • Cryptsy.com went online on May 20, 2013, and has since experienced tremendous growth. The company currently has more than 270,000 registered users all around the world, and a volume of more than three hundred thousand trades every day. Those numbers are projected to grow steadily.
    • Paul Vernon says Cryptsy unique because it provides a safe way for users to trade crypto-currency. “Since sending crypto-currency is irreversible, direct user-to-user trades often end with one user getting shorted. The Cryptsy system guarantees funds for both parties since it holds the balances from each party and performs the exchange for them.”
    • The company’s goal is to be the one place where users can trade their crypto-currency. Cryptsy is working hard to make its user experience as simple and as secure as possible. Cryptsy is currently registered with FinCEN and working toward state licensing as a money transmitter.

Additional Details

    • He adds that in spite of the virtual nature of the business, Cryptsy is a real-world entity that plans to be around for many years to come. “We put great effort into customer service and ensuring our systems are running optimally.” Be the number one choice of users who trade with Crypto-currency, a form of virtual currency in which encryption techniques regulate the currency and verify the transfer of funds.
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