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press launch
PRESS RELEASE. Dubai, United Arab Emirates, March, 2023 – MaskEX, a quickly increasing third-generation crypto alternate, headquartered in Dubai, has introduced the launch of its crypto-backed Digital Card, enabling customers to spend their crypto as fiat in additional than 176 nations with over 50 million retailers worldwide. This new function is now out there to all ID-verified MaskEX customers.
MaskEX has additionally introduced that Ben Caselin, former Head of Analysis and Technique at Hong Kong-based crypto alternate AAX, has joined MaskEX within the function of Vice President. Drawing on practically 4 years at AAX, Mr. Caselin has performed an essential function in driving the mainstream adoption of bitcoin and digital belongings by way of the platform, particularly in rising markets. At MaskEX, Mr. Caselin will oversee all international and localized advertising, communications and enterprise improvement initiatives.
“We’re excited to supply our customers the flexibility to spend their crypto wherever and at any time when they need with the launch of the MaskEX Digital Card,” mentioned Eric Yang, CEO of MaskEX. “Our imaginative and prescient is to make crypto extra accessible and discover methods to combine crypto extra with folks’s on a regular basis lives.”
“We’re additionally delighted to be joined by Ben Caselin, not solely as a result of we consider he can play an important function in our international enlargement efforts, but additionally due to the horrible scenario he has witnessed up shut at AAX, following the collapse of FTX in late 2022. As now we have noticed, he places customers earlier than enterprise, and in reaching out to Ben, now we have particularly requested him to be uncompromising and carefully scrutinize our operations.”
“As a third-generation crypto alternate we’re one among solely 18 centralized exchanges globally that present Proof-of-Reserves,” mentioned Mr. Yang, “and with Abu Dhabi’s Sovereign Wealth Fund, below Sheikh Hamad Rakadh Salem Hamad Alameri, as a serious stakeholder, we all know we’re in an excellent place to compete with the world’s greatest buying and selling platforms.”
On becoming a member of MaskEX, Mr. Caselin acknowledged that “whereas the business remains to be affected by contagion and a extreme lack of investor confidence, we can’t afford to surrender now.”
“At this stage within the improvement of this nascent business, correctly managed centralized exchanges can nonetheless play an essential function in elevating consciousness round digital belongings, offering a degree of contact for regulators, cooperating with the prevailing banking sector and fee suppliers to speed up integration, and, in fact, in driving the mainstream uptake of bitcoin and digital belongings all over the place.”
About MaskEX
Headquartered in Dubai, UAE, MaskEX is a third-generation centralized crypto alternate, based in 2021, that goals to supply simple and safe entry to digital belongings for everybody. With a variety of modern services and products, MaskEX is dedicated to empowering customers globally and contributing to the expansion of the crypto and blockchain business. MaskEX presents a user-friendly interface and superior buying and selling instruments, making it simple for each novice and skilled merchants to navigate the crypto market. The alternate presents a complete vary of merchandise, together with financial savings packages, over 300 spot pairs, and deeply liquid futures markets. Moreover, MaskEX presents a spread of on- and off-ramp merchandise to assist customers simply convert fiat foreign money to digital belongings and vice versa. With a rising consumer base of over a million customers throughout the globe, MaskEX is devoted to selling the adoption of digital belongings and constructing a extra inclusive financial system for all good cities and their residents.
It is a press launch. Readers ought to do their very own due diligence earlier than taking any actions associated to the promoted firm or any of its associates or providers. Bitcoin.com just isn’t accountable, immediately or not directly, for any harm or loss prompted or alleged to be brought on by or in reference to using or reliance on any content material, items or providers talked about within the press launch.
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