Bitunix embarks on a strategic expansion into Asian markets. Slater, Co-founder & Head of Asia, focuses on fostering compliance and educating users.
DUBAI, UAE / ACCESSWIRE / August 21, 2023 / The top crypto derivatives exchange Bitunix announced a collaboration with the cryptocurrency payment company Coinify to support payments using credit cards, bank cards, and Apple Pay. Following that, Bitunix continues to evolve and capture global attention, which is now strategically expanding its reach across Asia. Slater, Co-founder & Head of Asian Market at Bitunix, says that:
"As a matter of fact, Bitunix currently supports over 20 fiat currencies, which also include TWD, AED, HKD, JPY, and VND. This reflects our strong focus on the Asian market. By endorsing national currencies for transactions, we emphasize the significant presence of Asian currencies, accounting for over 50% of our supported options. This approach demonstrates our commitment to inclusivity and strategically positions us to meet the unique needs and preferences of the Asian crypto community."
Bitunix focus on Compliance and user education
As we know, the Asian crypto landscape is more than just a market; it's an expansive realm of potential. Recognizing this, Bitunix has strategically expanded its team to include individuals who possess deep-rooted industry insights. It's here that Slater, who is a seasoned professional with over a decade of experience in forex, Hong Kong stock, and Taiwan local securities trading, came into the picture. Slater's journey began during his university years when he immersed himself in forex trading research, sparking a keen interest in revolutionary market concepts.
Consequently, this led him down a path of early involvement with blockchain and cryptocurrency, stepping confidently into the crypto market in 2018, which eventually made him invest in and join Bitunix as Co-founder & Head of Asia Marketing last December from Taiwan. As Bitunix advances into Asia, Slater's extensive expertise not only bolsters Bitunix's market presence but also elevates its mission to empower users through education and strategic insights.
One of Bitunix's core principles is user empowerment. In a market as intricate as the cryptocurrency domain, knowledge is key. Bitunix understands this and places a strong emphasis on educating its users about the intricacies of cryptocurrency trading, risk management, and investment strategies.
Continuing this commitment, Slater has become a pivotal figure in our efforts to educate and empower our users. With over a decade of financial experience under his belt, he is passionate about organizing events and initiatives aimed at guiding individuals in solidifying effective investment strategies. He also stated that:
"Whether it's forex or cryptocurrencies, risk cannot be entirely avoided, but accurate understanding can help users reduce risk and enhance profitability."
Slater's decision to join Bitunix was influenced by his strong connections with the founding team, particularly Arron, Co-founder of Bitunix. Arron's entrepreneurial track record left an impression on Slater since their early interactions.
In addition to emphasizing education, Bitunix's journey into the Asian market is grounded in a commitment to regulatory compliance from the very beginning. Recognizing the importance of adhering to established regulations, Bitunix has taken definitive steps to secure licenses and permissions required to operate seamlessly within the jurisdictions it serves.
Slater mentioned that, in a significant milestone, Bitunix is in progress in obtaining the Philippines VASP (Virtual Asset Service Providers) License, signifying a firm dedication to conducting operations in line with industry regulations.
The momentum for blockchain applications and cryptocurrency assets in Asia is further amplified by the unwavering support extended by governments across various countries and regions. Noteworthy backers such as Japan, Hong Kong, and Dubai continue to fuel the advancement and maturation of these technologies within the continent. Thus, recognizing the effectiveness and opportunities across the Asian market, Bitunix's Head of Asia, Slater initiates proactive steps to deliver a strong presence in the region by expanding momentum to drive strategic growth.
About Bitunix
Bitunix, a top crypto derivatives exchange, established in November 2021 is rapidly evolving in the cryptocurrency landscape. With a steadily increasing trading volume and a rapidly growing user base across regions, Bitunix has firmly established itself as a significant player in the industry. In 2022, Bitunix achieved registration as a U.S. Money Services Business (MSB), and in February 2023, SEC compliance licensing in the Philippines is in progress.
However, backed by substantial $10 million funding, Bitunix has successfully expanded its global market presence and set up operational offices in Dubai. Our commitment to user security and seamless trading experience drives us to continuously enhance our platform.
Company: Bitunix
Contact Person: KX Wu
Email: [email protected]
SOURCE: Bitunix