Middle East crypto market surges, daily traders up 166% in year

Bitget¬†Research, the research arm of the world’s leading¬†cryptocurrency¬†exchange and Web3 company Bitget, has released an¬†in-depth report¬†on¬†cryptocurrency¬†adoption in the¬†Middle East¬†region. The document delves into key aspects influencing the rate of adoption, as well as their impact on user behavior. Key takeaways: In 2024, there was an average of¬†500,000 daily¬†crypto¬†traders¬†locally, marking a 166% increase year-over-year. The UAE leads the region in¬†crypto¬†adoption, with¬†72% of local users investing in¬†Bitcoin. Local countries predominantly rely on global centralized exchanges, with¬†minimal demand...

CoinEx sponsors Token 2049 Dubai

CoinEx, a leading global cryptocurrency exchange, is honored to announce our sponsorship as a Gold Partner of Token 2049 Dubai on April 18-19, 2024. As one of the most influential blockchain and crypto events worldwide, Token 2049 gathers industry pioneers, investors, enterprises, developers, media, and other stakeholders to spark conversations that will shape the future of Web3. As a veteran exchange serving over 5 million users across 200+ countries, CoinEx is thrilled to participate in Token...

Binance announced the launch of ‘Megadrop’

Binance, the leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume, announces the launch of ‘Megadrop’. This is a first-of-its-kind token launch platform with transparent rewards for eligible participants. Available on the global exchange from today, Megadrop reaffirms Binance’s dedication to pioneer innovative approaches that heighten user experiences and foster deeper engagement with the evolving crypto ecosystem. Designed exclusively for¬†token generation events, Megadrop grants¬†Binance¬†users early access to selected Web3 projects before...

XT.COM announces rebranding to “XT”

XT.COM, a leading¬†cryptocurrency¬†platform known for its stability, security, and commitment to innovation, is thrilled to announce its rebranding as “XT”. This marks a significant milestone in the company’s journey as it continues to evolve and serve its growing global community of¬†cryptocurrency¬†enthusiasts. Established in 2018, XT.COM has maintained an impeccable track record of stable and secure operations for six years, with zero safety incidents. Currently ranked among the top 16 exchanges on Coinmarketcap, XT.COM boasts a...

BitoGroup’s strategic expansion doubles market reach in Taiwan

BitoGroup, the leading¬†cryptocurrency¬†market leader in¬†Taiwan, has been driving the development of¬†Bitcoin¬†infrastructure and transactions since 2014, commanding a remarkable 90% market share in the country. With its performance doubling and an observed 50% increase in its active user base, BitoGroup is at the forefront of pioneering everyday¬†crypto¬†applications. It offers innovative services such as the ‘Points-to-Crypto’ service,¬†crypto¬†payment solutions, and¬†cryptocurrency¬†exchange services. Recognizing its dedication to innovation, BitoPro Exchange was honored with the prestigious Digital Innovation Award. The updated...

XEROF launches web3 finance services bundle

XEROF, a Swiss cryptoasset fintech, announced the launch of its web3 services platform. Its new offerings, including third-party payments and investment solutions, are designed to reduce the frictions between digital and fiat currencies for web3 and crypto-native companies, in particular those who struggle to access fiat banking services. Web3 businesses must adjust to constantly changing market conditions in their treasuries of digital and fiat currencies. XEROF’s new payment service processes fiat or cryptocurrency payments for...

Margex expands Crypto Trading Options launching seven new pairs

Margex, a¬†cryptocurrency¬†trading platform boasting ultra-convenient and user-friendly copy trading, announces the addition of seven new trading pairs to its USDT offering. The new pairs are: FET/USDT,JASMY/USDT,ICP/USDT,FLOKI/USDT,TIA/USDT,AGIX/USDT,STRK/USDT These new listings provide Margex users with expanded opportunities for diversification and trading strategies within the stable USDT ecosystem. The inclusion of these prominent tokens, such as FET, JASMY, ICP, FLOKI, AGIX, TIA, and STRK, further demonstrates Margex’s commitment to offering a diverse range of assets to its global...

99Bitcoins: Website Revamp & Expansion with Tokenized Learning

99Bitcoins, one of the oldest and most trusted crypto websites, changed ownership in March this year and is setting out to widen its reach with new platform plans. Established in 2013, the same year that Coindesk began publishing, the Bitcoin education-focused site is expanding its coverage of the industry, with new initiatives to incentivize newbies to get to grips with crypto. In the eleven years that it has been serving the growing crypto community, 99Bitcoins has built a reputation as a trustworthy source of...

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