Amber Group

Background Information About Amber Group

Headquartered in Hong Kong, Amber Group is a well-known name in the crypto space. Founded by a group of finance professionals from Morgan Stanley, Goldman Sachs, and Bloomberg in 2017, Amber group provides a variety of crypto services. 

Amber Group services over 500 institutional clients and has cumulatively traded over $500 billion across 100+ electronic exchanges, with over $1.5 billion in assets under management. In 2021, Amber Group raised $100 million in Series B funding and became the latest FinTech unicorn valued at over $1 billion. It makes Amber Group one of the largest companies in the crypto space globally.

The company is committed to serving clients around the globe by combining best-in-class technology with sophisticated quantitative research to offer a streamlined crypto finance experience. Amber Group’s goal is to optimize for long-term value by delivering investment flexibility and maximizing returns.

In November 2020, Amber Group partnered with BitGo’s custodial arm to service its institutional traders and draw more high-net-worth investors in places like Hong Kong, Taiwan, and South Korea.

Products of Amber Group

Below are the key products of Amber Group:

1. Amber App

This product is designed to help users achieve optimal investment returns through market-leading interest rate products, yield enhancement, and risk management tools, all in one application.

2. Amber Pro

Amber Pro is an institutional-focused crypto finance platform offering trading, asset management, and lending services for crypto assets. It is secured by enterprise-level custody infrastructure, delivering customizable solutions to market participants and tools that fulfill short-term needs and meet long-term asset allocation requirements.

Institutional Services of Amber Group

Amber Group helps individuals, exchanges, mining pools, token issuers, hedge funds, and institutions access, trade, and manage cryptocurrencies. The institutional services of Amber Group include- 

1. Asset Management

By using this feature, you can earn an income from fixed deposits, enhance your yield through customized structured products, and do margin trading.

2. Liquidity Solutions

Amber Group creates consistent and predictable market liquidity in both cash and derivatives instruments. Moreover, the single-dealer platform offers an efficient, reliable, and cost-effective way for clients to execute large block trades without any hidden fees.

3. Structured Products

Through structured product offerings, Amber Group helps clients manage risk, gain exposure, and hedge their portfolios in different market scenarios. Additionally, with collateralized lending, they provide loans in large sizes across flexible tenors to miners, pools, funds, and other market participants to optimize their balance sheet and working capital.

How to Open an Account at Amber Group?

To create an account on Amber Group, you need to follow the below step-by-step process:

Step 1: Visit the official website of Amber Group, and click on the “Sign Up” button available on the homepage. 

Step 2: After you click on the “Sign Up” button, you’ll be redirected to the registration page, where you’ll get two options for registration. You can either sign-up with your email address or phone number. 

Step 3: You have to enter the verification code received to your email address or phone number and create a password. 

Step 4: Next, you have to read and accept the user policy of the company and then click on the “Register” button.

On successful verification of your email address or phone number and completion of the KYC process, you can start trading at Amber Group.