September 27, 2023


BiFinance believes that with continued development and policy improvements, a platform connecting traditional enterprises and encryption markets will become the key to connecting Web2 and Web3.

With the continuous increase in the interest rate of the US national debt, more funds have flowed into the encryption market. Although traditional enterprises and institutions have good expectations from the encryption market, there is no way to purchase cryptocurrencies through compliance channels. Some small and medium-sized enterprises are trying to explore Web3 integration. Obviously, they lack the relevant knowledge and experience to turn their ideas into reality.

BiFinance is helping traditional businesses

Entity companies with consumption scenarios, or companies with ideas to explore the encryption field, hope to find more potential companies through the encryption market. What is special about BiFinance is the traditional finance experience and the team has managed to complete IPO listings and sponsorships for more than 100 companies. You can get access to it through the BiFinance Labs incubator in the BiFinance ecosystem. Rich experience and resources in traditional and encrypted markets allow traditional companies to enter Web3 with low thresholds.

If you want to invest in cryptocurrencies, you should keep in mind that BiFinance’s stable wealth management income is more suitable for new users and traditional institutions. Different from the high APY returns of DeFi, which also means high risk at the same time, BiFinance launched a custody-based USDT stablecoin financial management to allow new users to get more secure and stable returns in the crypto market.

BiFinance is helping crypto projects

High-quality projects require more supporters and users, which can be achieved on BiFinance. The convenient interaction allows users to easily complete cryptocurrency purchases, and the intuitive experience is the reason why novice users choose it. For cryptocurrency trading platforms, users pay more attention to security and compliance. The platform has obtained a US MSB license and submitted a VASP license application to Hong Kong in June. Compliance plans are evaluated and promoted by the Legal Risk team in more countries and territories, enabling the platform to receive user support from 130+ countries and territories.

BiFinance has recently facilitated collaboration between sports Web3 projects and sporting goods dealers. Their tokens can be made exclusive NFTs on the platform. Through NFT verification, they can enjoy the same rights and interests as membership cards in all sales stores of this sporting goods dealer. These consumption records will be periodically transmitted as tokens and then fed back to the user. Currently, 7 stores have installed NFT verification gateways at cash registers.

Traditional enterprises and encrypted markets should not be separated. BiFinance believes that with continued development and policy improvements, a platform connecting traditional enterprises and encryption markets will become the key to connecting Web2 and Web3, which is what the future market needs.

Source: www.coinspeaker.com

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