[superfrank]

> What’s “Apex Crypto”?

Apex Crypto is a crypto clearing house, similar to the clearing houses we have for the stock market. Companies like Robinhood, WeBull, SoFi, etc aren't building their crypto trading infrastructure from the ground up. They're plugging into services like this, which handle the exchange between fiat and crypto and a lot of the regulatory compliance. This drastically cuts down the complexities and lowers the barrier to entry for offering buying and selling of crypto.

I don't know all the details of the services they offer, but services like this are the reason it seems like every app under the sun will now let you buy and sell crypto.

[gruez]

>Apex Crypto is a crypto clearing house, similar to the clearing houses we have for the stock market

Is this the same "Apex" that handles clearing for stocks?

[superfrank]

I'm not 100% sure. I actually tried to do some research on that a few months ago and couldn't find anything definitive one way or the other (I haven't looked since then).

When I did look, I found some press releases about them partnering, but it was light on details. Based on the name and the fact that their logos now match (they didn't used to), my guess is that they aren't two separate companies.

[unstatusthequo]

Or a hell of a clever ruse to cause exactly this confusion by consumers to think it’s more legit than it is. All of this is buyer beware outside of CoinBase. Why? CoinBase and regulators are best buddies. Hard to be dodgy with Big Brother peering into your customer data via IRS subpoenas.