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Wisebitcoin and the importance of the Asian crypto-market

Akashnath Sumukar

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Source: ThornPR

The blockchain and cryptocurrency markets continue to captivate Western media as renowned investors and entrepreneurs place their bets on the burgeoning space. However, while big names such as Mark Cuban and Elon Musk might drive billions of dollars in investments, it is the Asian markets that show the greatest signs of growth.

Research shows that more than 30 percent of global blockchain transactions occur in Asia, while the region makes up for more than 65 percent of the hash rate in global cryptocurrency mining. It’s not surprising then that the most successful cryptocurrency exchanges are based in Asian countries. Hotspots can be found in places like Singapore, India, South Korea, and China where cryptocurrencies present vast opportunities for unbanked populations. The Asian juggernaut Huobi’s daily volume is currently over $31 billion. Likewise, new and fast-growing options in these markets are sure to be businesses to watch.

Wisebitcoin’s Promise

It’s within this context that Wisebitcoin is introducing professional traders to unparalleled features. The Asian exchange believes these markets are better served by around-the-clock customer service as well as key features that guarantee an advantage for users that choose to trade on the platform. Some of these include 100x leverage on contract trading, an insurance fund for perpetual swaps, and access to a cloud service that is integrated with the liquidity of over 280 other exchanges.

Wisebitcoin and the Importance of the Asian Crypto Market

Source: ThornPR

Promotions

As part of a focus on customer experience, Wisebitcoin announced a new Affiliate Program as well as a 1,000 USDT giveaway. The affiliate program offers the highest commission rates in the industry at up to 30%, while the giveaway pays users unparalleled bonuses for net deposits ranging from 0.1 to 3 BTC.

Advisors

Wisebitcoin is also gathering the expertise of seasoned industry veterans. The team recently welcomed former Huobi Korea executives Liam Lee and Andrew Chae as senior advisors. Together, they will continue to develop the exchange’s services to better serve professional traders

DeFi

In terms of the recent boom in DeFi projects, the exchange is not falling behind. Wisebitcoin offers traders unparalleled opportunities to benefit from the trend. They can buy futures on any of the most popular DeFi projects such as UNI, SUSHI, LINK and more to come.

The Future of Asian Markets

Altogether, these features and recent events make Wisebitcoin one of the most appealing,  promising, and fully-featured exchanges in the Asian market. One that could open new doors for Western and Asian traders alike. The exchange already provides 1.2 million end-users with $6+ billion in daily trading volume through its cloud infrastructure. This is a feat that means more in Asia than anywhere else in the world.

Disclaimer: This is a paid post and should not be taken as news/advice

Having studied Chemical Engineering, Akashnath's focus is on the UK and Indian markets and especially crypto assets. He is devoted to technical analysis and is always on the lookout for investment opportunities.

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