AOFEX globalization: Founding of an Indian department to open up the South Asian market
Since the introduction of globalization, AOFEX has established offices in Canada and Japan and achieved excellent excellent results in local and surrounding regions, building a multi-regional crypto market system that includes Western Europe, North America, East Asia as well as the headquarters in the United Kingdom. On October 15, 2021, AOFEX will officially launch its Indian office to open up the South Asian market and accelerate its globalization.
To celebrate the founding of the Indian office and to express our gratitude to our users, AOFEX is giving away 200,000 USDT. (Please scroll to the end for details.)
Develop companies based on local requirements
AOFEX core employees have worked in the finance and technology field for many years, providing technology and business advisory services to a wide variety of financial institutions, building good relationships with many financial institutions, and having extensive experience in risk control and management. AOFEX has implemented the state-of-the-art traditional financial risk control system for banks and securities, adopted underlying security technologies, established an internal monitoring and warning system, and established a risk reserve mechanism to provide a more secure cryptocurrency trading environment.
To put into practice the mission of “bringing more people into the digital finance world” and delivering safe, efficient and leading digital asset services to users around the world, AOFEX will begin executing its global strategic plan to more than 200,000 local users in one month in 2021 . AOFEX provides satisfactory 24-hour services to over 1.80 million users. Such good news is also shared by many famous blockchain media like Coindesk and Coinspeaker. AOFEX’s security, trading depth and financial derivatives are widely recognized.
The establishment of the India office shows that AOFEX will focus on the Indian market, fully develop the business and spread its digital financial services in South Asia. AOFEX continues on its mission to be “the most influential digital financial platform providing services to 10 million institutional and qualified investors”. Next, AOFEX will continue its globalization to develop and offer high quality digital financial services.
Healthy expansion based on local conditions in India
As for the crypto guidelines, state regulation is not clear and no specific laws have been enacted yet. A booming crypto future is expected. The report by the National Association of Software and Services Companies (NASSCOM), the most influential organization in the information technology and software industry in India, shows that the crypto industry in India is worth $ 241 million and around $ 2.3 billion as of 2030 US dollars will reach the world in 2026. The report also shows that the users of crypto technology are distributed in nearly 60% of the regions of India and there are more than 15 million individual investors.
Now India is a fertile land for the development of AOFEX, local investors and the crypto market. AOFEX will quickly investigate user requirements, build a local service system for digital assets, start diverse collaborations with KOLs, communities and media and offer users a safe and leading service for digital assets with professional, scientific and efficient investments in digital assets.
Mutual reinforcement between brand ecosystem and OT
While AOFEX is developing its business around the world, building AOFEX’s ecosystem and upgraded platform token helps OT a lot. Since the launch of the Canadian and Japanese branches, the price of AOFEX’s OT platform coin has steadily increased by 46.3% and is now at $ 6.1763 USDT. OT is a “resilient token” that is recognized by its users themselves in the bear market. Similarly, the AOFEX ecosystem is sustained sustainable development through the OT mechanism and the stable OT price increase to promote the development and create a favorable environment.
Expanding Companies —— OT is a digital asset on ERC20 published by AOFEX. OT’s application scenarios cover all products and rights and interests on the platform, including, but not limited to, fee deduction, receipt of airdrop rewards, preferential purchase of hot savings products, bonus discount, positions and mining, AP integration center, etc. As AOFEX grows, its OT businesses expand to improve AOFEX’s ecosystem.
Well-functioning deflation mechanism —— In order to increase the ecological value of OT, the platform will set up a solid deflation mechanism and adopt the combustion mode before output, with the amount of combustion the amount of output. After the introduction of OT, the circulation on the secondary market will not exceed 20% (20 million) of the total until the total reaches 20 million. The AOFEX exchange uses 20% of the profits from transaction fees per month to buy back and burn OT from secondary markets. In addition, OT is burned along with the start of new projects. Burning through repurchase and listing will reduce the total amount of OT to improve its scarcity, provide stable necessities and speed up the burn schedule, build a full token economy system and allow for a great increase in the value of the OT and AOFEX ecosystem. So far, AOFEX has destroyed a total of 9,129,842 OT.
Various functions —— OT is now used for reconciliations, payments, blocking or holding positions. OT owners enjoy corresponding rights and advantages and are supported by the platform value of AOFEX. At the same time, due to the inelastic demand from project participants and comments, the OT volume in circulation is reduced in order to create a long-term and stable good situation. With the global strategic plan, AOFEX ecosystem scenarios will be implemented gradually and OT will be used in all scenarios to strengthen the ecosystem and create value.
Development together with our users
AOFEX always keeps itself checked and improved and is recognized by users as the most popular trading platform. AOFEX is aware that its development is closely related to the users. To express our gratitude to our users, AOFEX is distributing 200,000 USDT at the launch of its new branch to mark this new milestone. See the official announcement for details.
Activity 1: Take on assignments to share USDT
Attendees: All users have logged on to AOFEX
Time: 5:00 p.m., October 15, 2021 – 5:00 p.m., October 22, 2021 (GMT + 8)
Rules: During the activity, users can click the link to go to the Telegram bot through our announcement or other social media platforms and complete the first 3 tasks sent by the bot to receive 2 USDT for a total of 100,000 USDT. Take on additional tasks and invite friends to complete tasks to share 100,000 USDT. A total of 200,000 USDT will be distributed. The rewards are directly proportional to the referrals.
Activity 2: 0 new user fees
Attendees: All users have logged on to AOFEX
Time: 5:00 p.m., October 15, 2021 – 5:00 p.m., October 18, 2021 (GMT + 8)
Rules: During the activity, the new users doing spot transactions can enjoy 0 transaction fees. (Note: transaction fees are paid first and refunded in USDT after activity ends.)
Thank you for your long-term support and your trust! Next, AOFEX will gradually complete the local development strategies in India and insist on providing the fastest, most secure and professional digital financial services to users. In the meantime, AOFEX will set up more offices around the world, develop bespoke services based on the behavior of local users, and involve more people in the digital finance world.
About the author: As a member of the AOFEX team, Jefferson Ow is an enthusiast for investment sharing, market change analysis and cryptocurrency.