The professional crypto derivative exchange Bitunix announced a $10 million investment from Dubai investors. On last week, officials of the crypto derivative exchange announced established Dubai office to compliance capture the global crypto market.
Owing to the open, friendly, and relaxed cryptocurrency environment given by the government, Dubai has developed into one of the cities that brings together the most blockchain talents and the best resources for projects worldwide in the last two years. Apart from being optimistic about Dubai’s favorable development environment, crypto exchange Bitunix set up office in Dubai based on its funding. According to the previous report, a $10 million investment was poured into Bitunix by Dubai investors. Consequently, this move will be conducive to complete compliance,leveraging the full support of its investors in terms of marketing resources and team building.
Arron Lee, the Co-founder of Bitunix exchange, also said that almost all exchanges and communities in the blockchain industry have set up offices or have permanent staff in Dubai. “setting up new officein in Dubai will be a great help for us in terms of long-term talent recruitment, market resource matching,apply for a compliance license etc.” he claimed.
The advent of blockchain breaks down barriers between people from different countries and regions, cultures, and backgrounds so that everyone can enjoy the convenience of cryptocurrencies in a fair way. For cryptocurrency trading services, however, the essence gradually lies in the underlying logic of financial services. This leads to huge differences in regulation, user habits, and other aspects in different countries and regions, so it is more important to operate locally on the basis of globalization.
Arron also said that the launch of globalization is to better serve users in different regions. Then the team will continue to make efforts on the product side so that users in different countries and regions can enjoy the convenience and wealth growth brought by cryptocurrencies conveniently and safely. Bitunix will provide multiple language services and support more fiat currencies for trading.
As for the specific plan,Arron said that infrastructure construction would be the footstone, with a plan to build local teams in Europe, Asia, and South America, where blockchain applications are more mature. Meanwhile, Bitunix has always been committed to building a cooperative relationship with global KOLs and has been touched by a large number of influencers in Russia, India, Japan, Korea, and other countries. In addition, our team also actively communicates with local regulators to operate in compliance. In accordance with this co-founder, Bitunix currently has the MSB license in the US and the SEC compliance license in the Philippines, and the licenses in Seychelles, Estonia, Australia, and other countries are under urgent application.
About Bitunix
Founded in November 2021, the professional crypto derivative exchange Bitunix has developed steadily, as it became a U.S. MSB registrant in late 2022 and received the SEC compliance license in the Philippines in February 2023. Then it officially received $10 million in funding to fully open its global market business, with offices established in Dubai. Bitunix is now expanding its team to Latin America, Asia, and Africa, as well as Turkey, Russia, and other regions where the cryptocurrency market is growing rapidly. Bitunix aims to provide a better product experience for millions of users,aiming to become the safest crypto derivatives exchange for users. 2023 will be a year of significant transformation for Bitunix.
Contact Details:
Name: KX Wu
Email: kx.wu@bitunix.io
Place: Dubai, UAE
