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Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

AOFEX Establishes Its Taiwan Branch Officially to Accelerate Globalization

News BTC
News BTC
3 years ago
4 mins read
AOFEX

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As a part of AOFEX’s globalization strategy, AOFEX will officially establish the Taiwan branch on December 3, 2021, to enhance the global influence of the brand as well as to better serve its global users. The opening of an additional regional branch will expand the global circulation of OT (platform token) and the adaptation of relevant applications within its ecosystem which will further promote growth in new processes and connections as well as new applications in the ecosystem.

AOFEX will launch an event day with a series of surprises and benefits on the same day and with a giveaway of 260,000 USDT to show gratitude to its loyal users as well as to welcome new users. For details, please refer to the official announcement below.

Taiwan Branch: Integrate local market development

Blockchain is considered an important driving force in fintech, and it has the opportunity to innovate the productivity pattern of society from the base layer. Led by the government, the Taiwan Parliamentary Coalition for Blockchain (TPCB) was formed in 2018, and the Asian Blockchain Summit, one of the leading blockchain conferences in Asia, was held by Asia Blockchain Alliance (ABA) in Taiwan. Taiwan’s financial regulator has indicated its intentions to maintain only limited oversight of cryptocurrencies. (the term used here is “limited”), and said it’s going to focus mainly on the enforcement of anti-money laundering policies while remaining open towards innovations like those coming from the crypto sector.

With favorable regulatory policies, Taiwan has become a hot marketplace with huge potential. It has attracted many institutional investors and global capital. With the launch of its Taiwan branch, AOFEX aims at providing local users with the fastest, safest and more professional digital financial services possible.

Globalization Strategy: Achieve periodical results

Focusing on the blockchain field, AOFEX is the global leading trading platform of digital financial derivatives and has obtained its US MSB license. AOFEX has built a team with core staff who have worked for JP Morgan, McKinsey and other well-known financial institutions, and have rich experience in risk control and management in the fintech field. As a global leader of digital financial derivatives that pursues and insists on independent development, AOFEX is one of few exchanges that have its own platform running on its self-developed system. AOFEX has been ranked top in terms of matching speed (up to 1.2 million transactions per second), attributable to its independently developed matching engine with ultra-low latency and super-high concurrency.

AOFEX has established its branches in North America, Japan, Russia, and other countries and regions, providing a secure, fair and efficient investment and trading experience for over 1.80 million users around the world.

The AOFEX team continues to operate with the mission to “include more people into digital finance.” While growing digital finance-related business, AOFEX is also dedicated to fulfilling its corporate social responsibility. AOFEX is fully engaged in social welfare and charitable initiatives, which has been reported by many well-known news outlets, such as and Coindesk and Coinspeaker. AOFEX has been widely recognized in terms of platform security, transaction depth, financial derivative products, and its charitable initiatives.

Relying on the OT (platform token), AOFEX has built a complete token economic system to broaden OT’s applications and continue to promote the growth and improvement of the ecosystem. OT is an ERC20-based digital asset issued by AOFEX, covering all businesses of the platform on a global scale. The use of OT covers the full range of products and rights on AOFEX, including but not limited to a deduction of fees, airdrop rewards, preferential purchase of investment products, bonus rebate, positioning and mining, AP integration center and etc. With the growth of AOFEX, OT will be used in more areas to improve the ecosystem of AOFEX. To increase the ecological value of OT, the platform has established a sound deflation mechanism and adopted buyback burning before output to keep the burning amount no less than output. After the launch of OT, the circulating supply on secondary markets does not exceed 20% (20 million) of the total amount and any surplus amount will be burnt. Through buyback burning and listing burning, the total amount of OT is under control to improve its scarcity, keep the supply stable and accelerate to complete the burning schedule, build a complete token economy system, and enable OT and AOFEX ecosystem to appreciate greatly. Till today, AOFEX has destroyed 9,610,891 OT in total.

Reward Users: 260,000 USDT giveaway

AOFEX’s rapid global expansion won’t happen without the support of new users and existing communities. To express our gratitude to our users, AOFEX will launch an event day with a series of surprises and benefits on the same day and with a giveaway of 260,000 USDT

Activity 1: Take tasks to share 200,000 USDT
Participants: All users of AOFEX
Time: 23:00, December 3, 2021 – 23:59, December 10, 2021 (GMT+8)
Entry: Telegram
Reward: It will be distributed within 3 working days after the activity ends.
Rules: During the activity, users can go to the Telegram bot via the link provided in our announcement or other social media platforms and complete the first 4 tasks sent by the bot to obtain 4 USDT, with up to 100,000 USDT in total. For more rewards, invite your friends to complete tasks and share up to 100,000 USDT. The more referral you bring in, the more rewards you get. 200,000 USDT in total!

Activity 2: Trade to share 60,000 USDT
Participants: All registered users on AOFEX
Time: 23:00, December 3, 2021 – 23:59, December 10, 2021 (GMT+8)
Reward: It will be distributed within 3 working days after the activity ends.
Rules: During the activity, new users who make spot transactions of any tokens with the effective trading volume (buy + sell) no less than 100 USDT (equivalent) will share 60,000 USDT according to their total trading volume*.

*Individual reward = a user’s total trading volume / total trading volume of users meeting conditions) * 60,000 USDT

Following the establishment of the branch, AOFEX aims to gradually implement their local development strategies in Taiwan, start diverse cooperations with KOLs and interact with communities and the media. AOFEX also plans to add more branches across the globe, each with customized behaviors based on that of its local users and inclusive to everyday users in digital finance.

Official website: www.aofex.com
Telegram (Chinese): https://t.me/Aofexcn
Telegram (English): https://t.me/Aofex888
Twitter Account 1: https://twitter.com/Aofex2
Twitter Account 2: https://twitter.com/AOFEXGlobal
Facebook: https://www.facebook.com/profile.php?id=100039575555419
YouTube: https://www.youtube.com/channel/UCWW5jQ9Li17TrZ-P0YfhCgA
Medium: https://medium.com/@aofex

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