Global cryptocurrency exchange Bitget has introduced BitEXC, a new trading platform tailored specifically for Vietnamese users. The platform promises to deliver a localized experience, including customer support and educational initiatives designed to meet the unique needs of Vietnam’s crypto market.
A Strategic Move in a Crypto-Savvy Nation
The launch of BitEXC is part of Bitget’s expansion strategy in Southeast Asia, targeting Vietnam, a country where cryptocurrency ownership is among the highest globally. According to Bitget, around 21.2% of Vietnam’s population holds digital assets.
Gracy Chen, CEO of Bitget and BitEXC, highlighted the platform’s mission:
“Vietnam has enormous potential in the crypto space, but the market lacks platforms that truly understand local needs. BitEXC aims to bridge this gap with customized products and support for Vietnamese users.”
Features and Future Plans
Initially, BitEXC will focus on peer-to-peer (P2P) trading, with plans to roll out spot and futures trading shortly after launch. Payment options include popular local services like ViettelPay, Momo, and ZaloPay. The platform is also set to introduce an Earn program and copy trading features within three months.
BitEXC users will benefit from the Bitget Protection Fund, a $300 million reserve held in Bitcoin and Ethereum, which provides financial security during market volatility.
A Competitive Market Position
BitEXC’s success could enable Bitget to capture a significant share of Vietnam’s crypto market. A 2023 survey revealed that 90% of Vietnamese crypto users prefer decentralized exchanges. By combining Bitget’s global expertise with localized offerings, BitEXC aims to attract both new and experienced traders.
Summary Review: Bitget has launched BitEXC, a Vietnam-focused crypto trading platform designed to cater to local preferences. With features like P2P trading and integration with popular payment services, BitEXC is positioned to tap into one of the world’s most crypto-active nations. Its use of Bitget’s infrastructure and security fund provides added confidence for users, while upcoming features like copy trading aim to enhance its appeal in a competitive market dominated by decentralized exchanges.
Disclaimer: Nothing in this article, or any content from Web30 News, should be interpreted as financial advice. The information provided is for entertainment and educational purposes only. Investing in cryptocurrency involves risks, and investors should be aware that capital is at risk and returns are never guaranteed. Please conduct thorough research and consult with a qualified financial advisor before making any investment decision.
