Ucoin Exchange: formed by the collaboration of seven major European financial conglomerates and three top exchanges, coupled with the establishment of the Ucoin Foundation.

July 14 17:03 2023

With the progression of blockchain, its revolutionary impact on traditional industries has not only garnered favor among investors but has stirred attention among numerous governmental bodies. cryptocurrency exchanges, as significant applications in the preliminary stage of blockchain development, bear crucial responsibilities such as market expansion, capital attraction, and token circulation. They serve as the primary gateway to the blockchain in its early stages.

In this context, seven of Europe’s foremost financial conglomerates and three eminent digital currency exchanges have combined forces, investing billions to establish the world’s unique on-chain decentralized exchange, Ucoin, in Hong Kong. Soon to be launched globally, another vortex of world finance is set to emerge in Hong Kong! As a rising star in the realm of digital currency trading, Ucoin leverages its sophisticated underlying technology and innovative trading models to spearhead industry reform and bolster cryptocurrency trading, making it safer, more convenient, and efficient – thereby accelerating the advent of the value Internet era!

The Ucoin Foundation is the supreme authority of the Ucoin exchange and the global community operator. The Foundation dedicates itself to the development, operation, and maintenance of the Ucoin exchange, safeguarding its security and harmonious development. To forestall any events contradictory to the principles of blockchain design, the Foundation will establish sound governance structures and systems to assist in managing ordinary and privileged community project matters.

Ucoin Exchange, backed by seven major European financial groups and three exchanges, is the sole on-chain decentralized exchange globally and has established the Ucoin Foundation.

As the most promising cryptocurrency trading service platform worldwide, it offers one-stop services to meet various needs, including free trade of digital currency, cryptocurrency trading, fiat trading, periodic contracts, leverage contracts, perpetual contracts, financial investment, lending, leasing, and sales of various mining machines. Ucoin’s inception intends to complement the advantages of multiple system models under the existing exchange format, thereby creating a self-governing, secure, compliant blockchain cryptocurrency derivatives trading platform. It offers users an impeccable trading experience, allowing institutional and individual investors to conduct trades of any scale and frequency without concerns regarding the fairness and security of the trading platform, user data privacy, transparency of platform rules, and stability and reliability of the trading system.

Ucoin provides the most convenient one-stop service for global cryptocurrency trading users, including management, trading, and investment. It establishes a value-closed-loop contract trading ecology, including periodic contracts, perpetual contracts, leverage contracts, DEFI, and more. Furthermore, Ucoin is based on community power and user benefits, gradually transitioning to a fully self-governed global community blockchain circulation ecology, realizing sharing, ownership, and joint governance with communities and users. In the algorithm field, Ucoin supports advanced securities-grade algorithms, multiple professional trading instructions, and provides professional quantification support for institutional and individual investors. It can handle up to 5 million concurrent transactions per second, and the initial measured matchmaking speed will reach 130,000 transactions per second. The exchange also boasts over 100 security and risk control measures, offering services beyond financial-grade efficiency and security through strict standards and multi-level risk control systems.

Disclaimer: This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.

Media Contact
Company Name: Ucoin
Contact Person: Maz
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Country: United States
Website: ucoin.io