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FTX Expands its Services in the UAE

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FTX exchange has come a long way since its inception in May 2019. Founded by Sam Bankman-Fried, the exchange provides spot trading for over 250-plus cryptocurrencies and 300 market pairs. Fried has always been a visionary. Fried has eyed the global expansion of his cryptocurrency exchange services for quite a while. FTX has also turned out to be one of the most robust firms that safely rode the “crypto winter” wave. It has also ended up as a last resort for several firms that were financially struggling to survive. In one of the latest announcements, FTX unveils that it is super excited to expand its operations and services in the UAE . JUST IN: 🇦🇪 #FTX is now available in the UAE. — Watcher.Guru (@WatcherGuru) October 31, 2022 FTX to expand its services in the UAE With this new presence, the FTX exchange will provide its services to cryptocurrency enthusiasts in the UAE region. The UAE is trying to establish itself as a crypto hu...

Asia's weekly TOP10 crypto news (Oct 17 to Oct 23)

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Author:Lily Editor:Colin Wu 1. Huobi’s weekly summary 1.1 Justin Sun plans to make Huobi Global the top three in the world link Justin Sun tweeted that he will concretely land measures to empower HT this week and plans to make Huobi top three globally. After the tweet was posted, HT pulled up from $6.81 to $7.18 with a 5.4 percent increase. As previously reported, Justin Sun is suspected to hold 74 million HT. 1.2 Justin Sun will participate in FTX’s Twitter Space as a “newest advisor to Huobi” link On October 20, FTX will host a Twitter Space where FTX COO Constance will talk with Justin Sun, the “newest advisor to Huobi”. Previously, there were rumors that SBF supported Justin Sun’s acquisition of Huobi Global, but SBF denied this claim. The future interaction and alliance between FTX and Huobi deserves continued attention. 1.3 Huobi Global launches 0% trading fee campaign for 11 USDD pairs link Huobi Global has announced that it will introduce a 0% trading fee for trading USDD pai...