AOFEX Globalization: India Branch Established to Develop South Asia Market
October 15 2021 - 09:17AM
NEWSBTC
Since the implementation of globalization, AOFEX has established
branches in Canada and Japan and received excellent outstanding
results in local and surrounding regions, thus building a
multi-region crypto market system including West Europe, North
America, East Asia along with the Headquarter in the United
Kingdom. On October 15, 2021, AOFEX officially launches its India
Branch to develop the South Asia market and to accelerate its
globalization. To celebrate the establishment of the India Branch
and express our gratitude to our users, AOFEX gives away 200,000
USDT. (For details, please scroll down to the end.) Develop
businesses based on local demands Engaged in finance and technology
for many years, the core staff of AOFEX have provided technology
and business consultation services for a large number of financial
institutions, developed a good relationship with many financial
institutions, and accumulated rich experience in risk control and
management. AOFEX has introduced the state-of-the-art traditional
financial risk control system for banks and securities, adopted
underlying security technologies, established an internal
supervision and warning system, as well as built a risk reserve
mechanism to provide a more secure cryptocurrency trading
environment. To put the mission of “including more people into the
digital finance” into practice, and provide secure, efficient, and
leading digital asset services to users around the world, AOFEX
starts to implement its global strategic plan in 2021. The new
branches have attracted more than 200,000 local users in one month.
AOFEX provides 24-hour services for over 1.80 million users in a
satisfactory way. Such good news is also shared by many famous
blockchain media like Coindesk and Coinspeaker. The security,
trading depth and financial derivatives of AOFEX have been widely
recognized. The establishment of the India Branch indicates that
AOFEX will focus on the market in India, fully develop the business
in and spread its digital finance services to South Asia. AOFEX
steps further to its mission of “being the most influential digital
financial platform to provide service for 10 million institutional
investors and qualified investors”. Next AOFEX will continue its
globalization, to develop and provide quality digital financial
services. Expansion on a healthy track based on local conditions in
India As for crypto policies, the governmental regulation is not
clear and specific laws are not issued yet. It is expected to see a
booming crypto future. The report by the National Association of
Software and Services Companies (NASSCOM), the most influential
organization in the information technology and software industry in
India, shows that in India the crypto industry will be worth $241
million as of 2030 and will hit $2.3 billion around the world in
2026. The report also indicates that crypto technology users are
distributed in nearly 60% of regions in India and there are more
than 15 million retail investors. Now India is a fertile land for
the development of AOFEX, local investors, and the crypto market.
AOFEX will quickly investigate users’ demands, establish a local
service system of digital assets, start diverse cooperations with
KOLs, communities and media, and provide users with secure and
leading service of digital assets with professional, scientific,
and efficient investment in digital assets. Mutual reinforcement
between brand ecosystem and OT As AOFEX develops its business
around the world, AOFEX’s ecosystem building and improved platform
token OT help a lot. Since the launch of Canadian and Japan
branches, the price of AOFEX’s platform coin OT has gone up
steadily, increasing 46.3%, and now stands at 6.1763 USDT. OT is a
“resilient token” recognized by its users even in the bearish
market. Similarly, powered by OT mechanism and stable OT price
increase, the AOFEX ecosystem will keep sustainable development, to
promote the development and create a favorable environment.
Expanding businesses——OT is a digital asset on ERC20 issued by
AOFEX. The application scenarios of OT cover all products and
rights and interests on the platform, including but not limited to
deducting fees, obtaining airdrop rewards, preferential purchase of
hot saving products, bonus rebate, positions and mining, AP
integration center, etc. As AOFEX is growing, its OT businesses are
expanding to improve the ecosystem of AOFEX. Well-performed
deflation mechanism——To increase the ecological value of OT, the
platform will establish a sound deflation mechanism, and adopt the
mode of burning before output, where the amount of burning is ≧ the
amount of output. After the launch of OT, the circulation volume on
the secondary market does not exceed 20% (20 million) of the total
amount, until the total amount reaches 20 million. AOFEX exchange
uses 20% of profits from transaction fees per month to repurchase
OT from secondary markets and burn it. Besides, OT is burnt along
with the launch of new projects. Through burning by repurchase and
listing, the total amount of OT is decreased to improve its
scarcity, provide stable necessities and accelerate the burning
schedule, build a complete token economy system, and enable OT and
AOFEX ecosystem to appreciate greatly. Until now, AOFEX has
destroyed 9,129,842 OT in total. Diverse features——OT is now used
for voting, payment, lockup or holding positions. OT holders can
enjoy corresponding rights and benefits and are supported by
AOFEX’s platform value. At the same time, due to the inelastic
demand of project parties and comments, OT circulating amount will
be reduced to create a long-term and stable good situation. With
the global strategic plan, AOFEX ecosystem scenarios are gradually
implemented and OT will be adopted in all scenarios to empower the
ecosystem and create values. Development along with our users AOFEX
always keeps self-examined and improved and is recognized as the
most favorite trading platform by users. AOFEX clearly knows that
its development is closely tied to users. To express our gratitude
to users, AOFEX distributes 200,000 USDT in the launch of its new
branch, to mark this new milestone. For details, see the official
announcement. Activity 1: Take tasks to share USDT Participants:
All users signed up on AOFEX Time: 17:00, October 15, 2021 – 17:00,
October 22, 2021 (GMT+8) Entry: https://t.me/AOFEXIndiaGiveaway_Bot
Rules: During the activity, users can click the link to go to the
Telegram bot via our announcement or other social media platforms
and complete the first 3 tasks sent by the bot to obtain 2 USDT,
with 100,000 USDT in total. Take additional tasks and invite
friends to complete tasks to share 100,000 USDT. 200,000 USDT will
be distributed in total. The rewards are directly proportional to
referrals. Activity 2: 0 fees for new users Participants: All users
signed up on AOFEX Time: 17:00, October 15, 2021 – 17:00, October
18, 2021 (GMT+8) Rules: During the activity, the new users who make
spot transactions can enjoy 0 transaction fees. (Note: Transaction
fees will be paid first and refunded in USDT after the activity
ends.) Thanks for your long-term support and trust! Next, AOFEX
will gradually complete the local development strategies in India
and insist on providing users with the fastest, safest and most
professional digital financial services. Meanwhile, AOFEX will
establish more branches across the globe, develop customized
services based on the behaviors of local users, and include more
common people in digital finance. About the Author: A member
of the AOFEX team, Jefferson Ow is an enthusiast for investment
sharing, market change analysis and cryptocurrency.
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