September 18 London news, Digital asset exchange BitSmartEX exchange has received 1.2 billion US dollars of angel investment from MVS Group, the purpose is to create a new and diversified digital asset trading platform. The platform is not limited to cryptocurrency transactions, but will also support businesses such as energy, precious metals, NFT art collections, pledged lending, node voting, liquidity mining, wealth management products, and OTC transactions.
BitSmart Technology LTD is responsible for management and operation. The platform will break the geographical and legal restrictions of traditional exchanges and add some blockchain wealth management products with stable income. BitSmartEX will bring high returns to digital asset investors, while effectively helping customers to avoid tax reasonably .
BitSmartEX exchange is one of the most personalized cryptocurrency exchanges. The platform has been adhering to the principles of user first, security first, and service first, and is committed to creating a global, borderless and integrated ecosystem.
On 2022-08-11, with the strong support of MVS Group, BitSmartEX has obtained external investment for the first time, which will be used to expand its business scope and market promotion, increase its independent contract trading products, and make a strategic layout for the future 100 billion-scale web3.0 market. BitSmartEX will focus on lowering the threshold for ordinary users to enter cryptocurrencies, promote the rapid development of the web3.0 market, and allow ordinary people to participate in decentralized financial transactions. The funds will be used to promote the network and improve the ability to automate transactions.
BitSmartEX has obtained financial service licenses in 29 countries and regions including the United Kingdom, Singapore, the United Arab Emirates, the United States, Japan, Iran, Iraq, and Turkey. The company plans to legally conduct business in more than 100 countries around the world in 2023. Since holding a legal license is of great significance to the exchange, the company attaches great importance to complying with the laws of different countries and regions, and reasonably avoids taxes within the scope of legal support. By obtaining the official license of the relevant country, it reflects the exchange’s own Political power and credibility. Licensed exchanges are also a natural barrier to screening for many exchanges. However, compliance also means that users’ investments will be protected by law.
In August 2022, BitSmartEX successfully established the underlying protocol with a number of well-known DeFi exchanges. The main purpose of this research and development is to integrate mainstream NFT product trading platforms and quickly and accurately screen out high-quality DeFi products. What BitSmartEX wants to do is to make DeFi transactions very easy and fast. Everyone can complete the high returns brought by exchanging NFT products through simple operations. For some users who dare to invest, they can choose cryptocurrencies for short-term contract transactions.
Due to the sharp drop in the price of digital currency this year, a large number of investors have suffered heavy losses, and investors have lost interest in traditional static investments. However, BitSmartEX avoids high-risk transactions through technical means, and ensures that investors’ digital assets are not affected as much as possible. The system provides a variety of stable income products.
BitSmartEX has launched an encrypted ecosystem of independent blockchains that scale and interoperate with each other and are connected by a blockchain shared communication protocol to protect customer privacy. The network uses a proof-of-stake consensus mechanism that requires the use of specific cryptocurrencies, which can break down barriers between blockchains, allowing platform users to easily use token applications from various independent blockchains to transact with each other.
At present, BitSmartEX is actively exploring the global market, hoping to provide more users around the world with safe and convenient digital asset trading services.
Media Contact
Company Name: BitSmart Technology LTD
Contact Person: Martin Jacques
Email: support@bitsmartex.com
Country: United Kingdom
Website: www.bitsmartex.com
