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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 characteristic 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 position of Vice President. Drawing on practically 4 years at AAX, Mr. Caselin has performed an vital position in driving the mainstream adoption of bitcoin and digital property by way of the platform, particularly in rising markets. At MaskEX, Mr. Caselin will oversee all world and localized advertising and marketing, communications and enterprise growth initiatives.
“We’re excited to supply our customers the power 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 individuals’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 a significant position in our world growth efforts, but additionally due to the horrible scenario he has witnessed up shut at AAX, following the collapse of FTX in late 2022. As we’ve got noticed, he places customers earlier than enterprise, and in reaching out to Ben, we’ve got particularly requested him to be uncompromising and carefully scrutinize our operations.”
“As a third-generation crypto alternate we’re considered one of solely 18 centralized exchanges globally that present Proof-of-Reserves,” mentioned Mr. Yang, “and with Abu Dhabi’s Sovereign Wealth Fund, beneath Sheikh Hamad Rakadh Salem Hamad Alameri, as a significant 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 not afford to surrender now.”
“At this stage within the growth of this nascent business, correctly managed centralized exchanges can nonetheless play an vital position in elevating consciousness round digital property, offering some extent of contact for regulators, cooperating with the present banking sector and fee suppliers to speed up integration, and, in fact, in driving the mainstream uptake of bitcoin and digital property in all places.”
About MaskEX
Headquartered in Dubai, UAE, MaskEX is a third-generation centralized crypto alternate, based in 2021, that goals to offer straightforward and safe entry to digital property for everybody. With a variety of modern services, 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 straightforward 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 forex to digital property and vice versa. With a rising person base of over a million customers throughout the globe, MaskEX is devoted to selling the adoption of digital property and constructing a extra inclusive economic 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 companies. 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 the usage of or reliance on any content material, items or companies talked about within the press launch.
Picture Credit: Shutterstock, Pixabay, Wiki Commons
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