An interesting partnership
On January 15th, 2019 in Singapore, Bitsdaq launched an Asian Digital Asset Trading Platform powered by Bittrex. This will provide customers in Asia a reliable and robust exchange with a secure, advanced and reliable platform and extensive selection of digital tokens. The aim of this platform is to reach cryptocurrency cusomers across the Asia region. Customers can pre-register for an account on Bitsdaq’s website.
Bittrex was founded in 2014 and provides real-time trade execution, dependable digital wallets and industry-leading security practices. It was founded by three cybersecurity engineers and it is a U.S.-based digital asset trading platform. The company aids the blockchain industry by incubating new and emerging technology, fostering innovation and by driving transformative change.
The partnership between Bitsdaq and Bittrex will give customers in Asia access to a large selection of digital assets thus increasing the adoption of blockchain technology globally. This includes the assets available on both Bittrex and Bittrex International platforms. The partnership combines the vision and expertise of Bitsdaq’s innovative team based in Asia and Bittrex’s global leadership in the blockchain industry. This will give them deep insight into the local markets.
Looking forward to new markets
Ricky Ng, Bitsdaq’s Chairman and CEO said, “We are honoured to bring Bittrex’s extensive cryptocurrency options to the Asia market. It takes a unique combination of advanced technology and financial expertise to launch an efficient, reliable and secure platform for trading digital assets in Asia. We found the ideal partner to help provide a safe environment for our customers and the entire community.”
The Bitsdaq platform provides solutions and opportunities for customers who would like a larger choice of digital assets on a reliable and secure platform. It is a secure platform operating in Pan Asia and it is built on Bittrex’s cutting edge trading technology. To ensure that it works smoothly for international customers after landed, the new platform will undergo a multi-week evaluation period.
Operating in the Asia region
It will be giving users one of the best trading platforms in the Asian region and the potential to access global markets and it will also oversee management of the new trading platform. It will provide customer support and look after customer operations and compliance as well as offer marketing, customized development and sales.
Bill Shihara, Bittrex CEO said that Bitsdaq will utilize the best practice KYC and AML processes. He stated that, “Bittrex is powering the blockchain revolution through strategic global partnerships that are using our proprietary technology to launch advanced, secure and reliable digital asset trading platforms in multiple countries. Through this partnership, Bitsdaq customers will have access to a dependable, cutting-edge trading platform with an extensive selection of digital tokens, and Bittrex will continue to fulfill our mission of promoting adoption of blockchain technology around the world.”
The company, Bittrex International operates within the regulatory framework established by the European Union and Maltese Government, including the Malta Virtual Financial Assets Act. It is a secure, reliable and advanced digital asset platform built on Bittrex’s cutting-edge trading technology. The company will apply to the Malta Financial Services Authority to become a regulated Virtual Financial Asset exchange. It’s mission is to be the driving force in the blockchain revolution. This will help to increase adoption of this innovative technology globally.
This post is also available in: Italian