We currently live in a world where everyone is talking about Bitcoin as we witness cryptocurrencies going mainstream, and while there may be arguments about the merits of these currencies, there is no denying that a growing number of players are climbing aboard.
Many conventional investors have become more aware of the idea of cryptocurrencies for trading, and as the industry is maturing, investors are buying them as part of an investment strategy, and governments are debating on how to deal with them.
With Poloniex introducing themselves in their first ever physical event, which took place on last Sunday (May 8th, 2022) at the Vertical, Connexion Bangsar South, Kuala Lumpur, the event was branded as the first station of Poloniex Global Tour as they will be running a series of events especially in the APAC region.
Together with this event, their sister company APENFT also aims to create better exposure amongst the lifestyle influencers. There were also a series of lucky draw winners who won NFTs, as well as USDT tokens from Poloniex.
Besides, the Blockchain Institute of Singapore’s founder Franco Gan and the Co-founder of Cryptobilis Arravind Prabu spoke at this private event.
Franco emphasized on how the Metaverse will be the next new trendsetter, while Arravind spoke about security in Crypto assets.
To quote, Poloniex’s Global Marketing Manager Kingsley Tan mentioned in his speech, “Crypto is available to everyone. As long as you have an internet connection, you can easily create a wallet and start buying some cryptos.”
“Some people want it to protect their identity. Cryptocurrency has the underlying feature to allow them to still preserve their assets without giving up their identity. And, Poloniex has the highest token withdrawal limit for non-KYC accounts across the industry, up to equivalent of USD 50k of daily token withdrawal limit. Users only need to register their accounts with email and complete 2FA verification”, added Kingsley.
Kingsley comes from a mixed background of traditional banking and Fintech. For many years, he worked on a wonderful payment system that enables merchants to accept all kinds of e-payments.
In his speech, he also spoke about economic freedom and hyperinflation, “Citizens of Zimbabwe move around the city with a wheelbarrow of dollar bills for their daily lives.” He also raised the issue of everyone having the ability to secure their own money from risks of hyperinflation.
Cryptocurrencies are real and not a hoax. Kingsley highlighted that he came across this concept of blockchain and cryptocurrency when he was working in the banks, almost a decade ago. He highlighted that, “Bitcoin was only $200 back then, I should have put all my money in and today I would have become a billionaire.”
Poloniex, based in Boston, Massachusetts was founded in January 2014 as a global cryptocurrency trading platform.
Backed by Tron tokens, Poloniex is well known for its number of quality tokens. Major coins like Bitcoin, Ethereum, Monero, USDT and USDC; other famous tokens including GMT, APE, eRSDL, HEX, TRX, DOGE, SHIB, etc., and as one of the most active crypto marketplace, Poloniex provides liquid markets that connect passionate investors with a diverse blockchain developers who are revolutionising global finance.
Poloniex supports perpetual contracts, spot and margin trading, and has its services available to users in nearly 100 countries and regions with various languages available, including English, Chinese, Vietnamese, Turkish, and Russian.
Recently, Poloniex participated as one of the main sponsors for one of the world’s largest and most prominent events, Bitcoin 2022 Conference (April 6-9) in Miami, Florida. The event had brought together over 35,000 crypto enthusiasts and over 3,500 companies within the Bitcoin ecosystem.
For further information please visit poloniex.com
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