SINGAPORE – Media OutReach – 2 May 2022 – BingX, the world’s leading social trading platform, is excited to launch its inaugural NFT crowdfunding project. This project enables our users to participate and own a fragment of blue-chip NFT through the power of the community.

The NFT crowdfunding project which supports USDT/ETH pairings will be launched on the 29th of April, 2022, lasting for 14 days. During which, the NFT will be divided into multiple shards and users can choose to subscribe for a certain number of shards.

Investors can enjoy the subsequent benefits of the NFT, such as asset appreciation or airdrops. They can also choose to sell the fragments of the NFTs to others should the crowdfunding be successful (that is, the target NFT is successfully purchased).

“Summer is fast approaching so we wanted to give our users something fun to kick off the season with. High-quality or well-known NFTs are often very expensive, so it is difficult for ordinary investors to invest alone. This is one of the key reasons why we are providing users with a lowered barrier to entry through crowdfunding. By allowing users to divide an NFT into multiple fragments, they can raise funds to buy it together. In turn, this will help bring the crypto community much closer.” – Global Communications Director at BingX, Elvisco Carrington.

Launching this innovative product in the CEX platform will bring better liquidity to the overall NFT market, while lowering the barriers to entry for BingX users. BingX is committed to developing and building an open, inclusive, high-worth cryptocurrency investment market to serve investors around the world.

About BingX

Founded in 2018, BingX has grown to become the world’s leading social trading platform. It is a global digital asset, spot, and derivatives trading platform that provides a safe, reliable, user-centric and open ecosystem with intuitive social trading features created to enrich the entire cryptocurrency industry. Created to enrich the entire cryptocurrency industry, BingX is a safe, reliable, and user-friendly venue for users to trade their favourite assets such as APENFT, Fantom, Klay & EOS Coin. In the countries and regions where BingX operates, it has registered or obtained financial services licenses recognised and regulated by local governments.

#BingX

The issuer is solely responsible for the content of this announcement.

KUALA LUMPUR, MALAYSIA – Media OutReach – 2 May 2022 – Global broker OctaFX, together with its brand ambassadors Fizo Omar and Wak Doyok, is launching an educational project that aims to spread knowledge about finance and investing.

Malaysia’s fashion guru Wak Doyok and popular actor Fizo Omar, who recently became the first-ever brand ambassadors of OctaFX in Malaysia, will share their financial knowledge and investing experience as part of the broker’s new project. The initiative aims to boost financial literacy in Malaysia, the need for which has been increasingly discussed at the state level.

According to Malaysian Financial Literacy Survey 2021, most Malaysians have space to improve their financial habits. About 43 percent of them are susceptible to financial shocks as they spend more than what they earn, and 57 percent do not have enough savings to last them more than three months in case they lose their source of income.

Although Malaysian youth are more willing to use e-wallets and invest in digital assets than the older population, they are actually more reckless than their parents when it comes to financial habits. With that said, the issue of financial literacy remains highly relevant for the wide Malaysian audience.

OctaFX is striving to contribute to the issue by giving direct and easy access to information on finance. Anyone willing to participate can ask any question about money or financial planning to Wak Doyok and Fizo Omar, and the celebrities will answer based on their personal experiences with trading and investing. Submitting a question is easy through the project’s page or by leaving a comment on OctaFX’s Facebook or Instagram. The broker will regularly publish the answers to the most interesting questions on its social media.

Fizo Omar feels happy to be a part of the project and truly believes in its mission.

‘We deсided on the Q&A format to make education easily accessible—and I am excited to share my knowledge,’ the actor said. ‘Anyone interested in finance can participate—you don’t have to be the broker’s client. Personally, I believe that everyone can become a master of their money, but it requires financial literacy.’

Wak Doyok also feels like he has a lot of personal experience to share:
‘I have been learning about and testing different investing methods for many years. Trading has become one of my favourite ways to preserve and grow my capital. During the pandemic, I realised I had been right to diversify my sources of income since it left me in a more secure position. Investing can be like a second salary—it is something I would recommend everyone to seriously consider.’

Malaysians will have a chance to ask their questions about finance and investments to the OctaFX brand ambassadors until 20 June. The authors of the best questions will receive valuable prizes, while the two first-prize winners will get the opportunity to spend a day in person with Wak Doyok or Fizo Omar. They will see how the celebrities manage to fit both their demanding jobs and investment in their daily lives.

About OctaFX

OctaFX is a global broker that has been providing online trading services worldwide since 2011. The company is involved in a comprehensive network of charity and humanitarian initiatives, including improvement of educational infrastructure, short-notice relief projects, supporting local communities and small to medium enterprises.

In the APAC region, it managed to capture the ‘Decade Of Excellence In Forex Asia 2021’ award, the ‘Best Islamic FX Account 2020’ award, and the ‘Best CFD Broker Asia Pacific 2020’ award by Global Banking and Finance Review, World Finance, and Cfi.Co, respectively.

#OctaFX