(MENAFN- GlobeNewsWire - Nasdaq) Singapore , March 20, 2024 (GLOBE NEWSWIRE) --
According to SimilarWeb , XT, a global crypto asset exchange with 9 million monthly active members, and Cobak, the leading blockchain social community with 500,000 Korea crypto users, have officially announced a partnership on March 15th to create a new crypto ecosystem and stimulate the blockchain market.
Albin Warin, CEO of XT, stated, "Through this agreement with Cobak, we will focus on restoring trust in the crypto market by pursuing fairness and transparency in discovering new projects."
Kim Kyungik, CEO of Cobak, added, "This partnership with XT will serve as an opportunity for both parties to create shared visions and values in business, and will enable Cobak to lead the crypto industry by discovering promising new blockchain projects."
Through this partnership, Cobak plans to expand its business areas by focusing on discovering potential Korean and international blockchain projects to introduce to a diverse range of crypto users. XT, on the other hand, aims to provide full support for the growth of these promising korea and international blockchain projects.
Established in 2018, XT is a global crypto asset exchange headquartered in Dubai, with operational centers in Singapore, Europe, and other regions. It offers various crypto assset services such as spot, futures, and mining to users worldwide. With over 7 million registered users and support for trading of around 800 projects, XT ranks around the top 20 global crypto exchanges according to CoinMarketCap.
The partnership between Cobak, the leading crypto social trading community in Korea, and XT, is expected to garner considerable interest from crypto investment companies and investors as it introduces a new partnership model not previously attempted by traditional crypto companies.
About XT
Founded in 2018, XT serves more than 6 million registered users, over 500,000+ monthly active users, 40+ million users in the ecosystem, and more than 800 tokens with 1000+ trading pairs. Since then, XT crypto exchange has expanded its offerings by covering a rich variety of trading categories to provide a secure, trusted, and intuitive trading experience for its large user base. One such addition is crypto futures trading which includes USDT-M Futures and coin-M futures perpetual contracts, as well as copy trading that allows users to replicate top traders in real time with just one click. Additionally, the Futures Grid allows users to automate the buying and selling of futures contracts to make profits.
Website:
Twitter: twitter/XTexchange
Telegram: t/XTsupport_EN
Contact Details:
Cobak
Kim Kyungik
...
XT Exchange
Bella Wei
Email address: ...
Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.
CONTACT: business at cobak
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