BTCEX Shares Compliance-Focused Vision at Hong Kong Web3 Festival

BTCEX, a leading global crypto exchange, recently shared its vision and commitment to compliance at the Hong Kong Web3 Festival. Co-hosted by Wanxiang Blockchain Labs and the HashKey Group, and organized by W3ME, the festival attracted over 10,000 attendees, 300 industry speakers, and around 100 Web3 projects, community partners, and media partners from across the globe.

While many countries are still debating how to regulate the crypto industry, the Hong Kong government has taken a direct approach, presenting an opportunity for the entire crypto industry. As the development of Web3 continues to bring both technological and legal challenges, BTCEX recognizes the importance of innovation within the regulatory framework of governments worldwide.

BTCEX views crypto exchanges as the best intermediary for digital asset circulation and aims to facilitate such circulation while addressing prominent legal challenges. Compliance, asset transparency, security, and prevention of money laundering remain the biggest challenges facing the industry, and BTCEX is committed to pursuing globalization, compliance, and specialization simultaneously. With key licenses obtained in countries such as the United States, Canada, Lithuania, and Estonia, BTCEX is well-positioned to help drive forward the responsible growth of the digital asset industry, while ensuring compliance and transparency every step of the way.

BTCEX’s goal is to provide the best infrastructure for digital asset trading to Web3 users, covering a wide range of application scenarios for digital asset trading. As a customer-focused exchange, BTCEX is committed to becoming the most trusted and loyal friend of its users around the globe by satisfying their core needs for digital asset trading and applications. To achieve this goal, BTCEX launches new features and functions every week, constantly improving its existing products and services to provide the best user experience possible.

BTCEX’s rapid growth in both spot and futures trading is nothing short of remarkable. Since its establishment in 2021, the exchange’s average daily trading volume for spot and derivatives has exceeded $300 million and $1 billion, respectively, placing it among the top 30 spot and top 15 derivative exchanges on CoinMarketCap. As a comprehensive platform, BTCEX has created a complete digital currency ecosystem, providing all partners and users with high-value services and benefits at the lowest cost possible. With compliance at the forefront of its operations, BTCEX has obtained multiple VASP licenses and continues to apply for licenses in other countries and regions. Users can trade with peace of mind, knowing that their funds are fully protected.

BTCEX is convinced that Web3 will shape the technology industry for the next century. While the industry is currently in a bear market, this presents an ideal opportunity to strengthen our resolve and make strategic investments. As a core participant and builder of Web3, BTCEX is committed to identifying high-quality Web3 projects and offering compliant, secure, transparent, and user-friendly trading platforms for digital asset trading, storage, appreciation, and application. By doing so, the exchange aims to empower global digital asset enthusiasts and drive the global development of Web3.

Media Contact
Company Name: BTCEX
Contact Person: Nikki
Email: Send Email
Country: Canada