Since the birth of Bitcoin and other cryptocurrencies in 2008, cryptocurrency exchanges have emerged to cater to the trading needs. The bankruptcy of Mt. Gox in 2014 revealed serious security issues with exchanges. Subsequently, regulatory laws for cryptocurrency trading started to develop. At different stages, new exchanges have stood out with asset innovation and functional innovation. For example, Binance emerged through its global strategy and trading processing capability, and Bybit quickly rose due to its derivative trading, among others.
By 2023, cryptocurrency exchanges have grown into influential institutions. Despite facing challenges such as security issues and regulatory uncertainty, they continue to evolve and innovate. New exchanges have the opportunity to leverage these developments, especially in terms of security and regulatory compliance, to provide higher quality services, thus gaining a competitive advantage in the market. In this new cycle, Ubit is expected to win over numerous users with its asset innovation and security guarantees.
Headquartered in Singapore, Ubit is a cryptocurrency trading platform that has obtained crypto trading licenses in places like Singapore and Canada on a global scale. The platform is committed to providing a safe and reliable crypto trading experience for users in Asia, Europe, North America, and other regions, under the premise of compliance. Its services cover a full suite of crypto asset management services such as spot, futures, finance, mining pool, etc. Users need no KYC, only wallet linkage is required for login. With over 20 million USD in full reserve, asset risk control system, and comprehensive security technology, Ubit ensures comprehensive protection of user data and funds.
Ubit: Features to Meet User's Broad Needs
Spot and Contract Trading for Multiple Assets Ubit meets the wide range of user needs through its rich features. The platform provides spot and contract trading for multiple assets. Whether it's spot trading or contract trading, Ubit is committed to providing users with a no-slip, low-fee trading experience. Its contract trading offers rich trading liquidity, including perpetual contracts and delivery contracts. It achieves price balance through the funding rate mechanism, avoiding the basis problem in traditional futures contracts.
LaunchPad to Discover Quality Assets Ubit's LaunchPad provides users with the opportunity to invest early in quality crypto assets. The platform rigorously screens projects to ensure the most quality, potential projects go live. It provides a fair, reasonable, and controllable mechanism for the first issuance of Ubit's preferred projects through holding mechanism, charging mechanism, and Sunshine Reward, among other methods.
Ubit evaluates the background, experience, and professional capabilities of the project team to ensure they have the ability to implement and deliver the project. It also pays attention to the community and user's attention and feedback to the project, considering the popularity of the project in the market and user demand. Ubit's Labs business department is specifically established to discover, accelerate, and invest in quality market projects, and to invite them to launchpad for new releases.
LaunchPad uses Ubit platform's credit, traffic, and resources to support quality blockchain projects, providing community members with the opportunity to participate in quality asset investment at an extremely low cost in the early stage, which is the original intention of establishing the Ubit Launchpad platform.
Its digital crypto asset supermarket provides a basket of cryptocurrency asset index fund packages, including tracking of traditional financial asset RWA index funds, providing traditional fund asset combinations (NASDAQ index). Its index fund visual dashboard and convenient subscription and redemption functions make user investment more straightforward and convenient.
Adhering to the belief of customer first, safety first, strict quality control, and attentive service, Ubit is committed to providing safe, convenient, and rich cryptocurrency trading services for global users. It will continuously optimize and upgrade its services to keep users excited.
Ubit is continuously strengthening its advantages in security and regulatory compliance, providing higher levels of security guarantees and regulatory compliance. At the same time, Ubit will continue to innovate and enrich its product line, and will also continue to introduce quantitative trading interfaces, tracking index trading tools, gradually adding traditional financial trading channels, and introducing different derivatives such as futures and options.
The journey of Ubit's development might be filled with challenges and innovations just like the development of cryptocurrency and web3. In the days to come, Ubit is expected to gradually develop into a leading cryptocurrency trading platform worldwide with its solid foundation. Simultaneously, through its unique business model and innovation capabilities, Ubit will lead cryptocurrency trading towards a broader future. The future Ubit will be a safe, reliable, and dynamic trading platform. We look forward to every user finding and seizing the opportunities brought by cryptocurrency on this platform.