YAP Exchange is a cryptocurrency and foreign currency exchange based in the heart of the Old Port in Montreal, Canada.
The company was first created by two experienced pioneers of the cryptospace. Their desire was to show that digital currencies and traditional ones could coexist in a regulated environment.
Founded in 2016 as Échange de Montréal, the company's purpose has been to make cryptocurrencies more accessible to the public, so everyone can buy and sell cryptocurrencies locally with ease and safety.
But, our mission has always been greater than that. We strive to educate people and empower them through a technology that we all believe is revolutionary.
The Micronesian Yap Islands are located in between Guam and The Philippines
Yap is a tiny group of islands located in Micronesia, famous for having the largest and heaviest currency in the world.
The Yapese people would never use gold or silver as a store of value.
Their centuries old tradition was to exchange large disks, carved out of limestone, as payment for goods and services.
"Rai" stones were the official currency of ancient Yap Island civilization