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Bitget Wallet Welcomes Alvin Kan, Former Senior Executive at BNB Chain, as New COO

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VICTORIA, Seychelles, Feb. 5, 2024 /PRNewswire/ — Bitget Wallet, a global leading Web3 trading wallet, has officially announced the appointment of Alvin Kan as its Chief Operating Officer (COO) to lead the company’s global growth strategy and coordinate brand development, operations, and growth initiatives.

Alvin Kan brings a wealth of expertise with over 15 years of professional experience, having held prominent roles at BNB Chain and Sei Labs. Notably, he spearheaded ecosystem growth at BNB Chain and served as the Head of Asia for Sei Labs. Before this, Alvin spent almost a decade at LinkedIn, where he led the Asia-Pacific data team and played a crucial role in the company’s strategic development across Asia. With a strong background in market growth and data analysis in the Web2 domain, coupled with his insightful understanding of building Web3 ecosystems, Alvin is well-equipped to introduce innovative ideas and steer global growth strategies at Bitget Wallet. His leadership will be instrumental in shaping the company’s direction and planning for the upcoming year, elevating the brand’s global presence.

In outlining the company’s 2024 development plan, Alvin emphasizes a strategic focus on acquiring new users, expanding the roster of supported assets, and exploring novel opportunities.

1. Global Expansion and Growth

In 2024, Alvin is charting a course for global expansion, outlining a comprehensive globalization strategy that involves deploying localized teams in strategic regions worldwide. This initiative aims to establish operational capabilities tailored to specific regions, facilitating accelerated growth and market penetration on a global scale and catering to the diverse needs of a global userbase. Initial endeavors in Turkey, Vietnam, and Pakistan have demonstrated promising outcomes, laying the groundwork for broader success.

Amidst a bullish market outlook, the cryptocurrency sector is poised to attract a diverse influx of new users and key opinion leaders (KOLs) spanning various industries. Alvin’s unwavering commitment involves fostering a symbiotic relationship between product development and market operations within the company. This approach ensures a seamless integration for new users, hailing from diverse backgrounds, into the dynamic realm of Web3. Moreover, strategic collaborations with well-established Web2 brands are on the horizon to amplify synergy and elevate Bitget Wallet’s global brand recognition.

2. Capturing New Narratives and Assets

As the COO of Bitget Wallet, Alvin will be spearheading the establishment of a more adaptive team structure, geared towards swift responses to market dynamics and keen recognition of emerging narratives and assets. This initiative aims to facilitate the rapid implementation of technology and product strategies. “New assets will always be at the core of wealth generation within this industry,” Alvin says. “Our goal is to be the first to uncover the next big opportunity for our users.”

Equipped with core features like Swap, smart quotes, Launchpad for new offerings, and inscription tools, Bitget Wallet is strategically crafted to empower users in capitalizing on valuable assets early, thereby maximizing returns. Alvin underscores a dual-strategy approach, advocating for the robust execution of long-term initiatives alongside flexible engagement with short-term trends. This balanced strategy ensures a nimble response to market shifts while concurrently focusing on meticulous infrastructure development. The overarching aim here is to fortify Bitget Wallet’s product suite and establish a robust infrastructure to fully harness the benefits of sustained growth.

3. Exploring New Opportunities in Wallets

Web3 wallets as an industy have witnessed significant growth from basic functionalities such as address creation, fund transfers, and receipts to more advanced features such as the integration of multi-chain DEXs, NFT marketplaces, and diverse protocols. This evolution has broadened the scope and redefined what it means to serve a Web3 wallet in today’s context, elevating them to comprehensive Web3 gateways that encompass asset management, Swap transactions, inscriptions, NFT minting, and interactions across entire blockchain ecosystems. Notably, innovations like MPC and AA wallets have contributed to enhancing user experiences, introducing greater convenience. Throughout this transformative journey, Bitget Wallet has consistently positioned itself at the forefront, actively exploring and anticipating future trends in the realm of Web3 wallets.

Under Alvin’s leadership, Bitget Wallet is actively working towards establishing systematic capabilities, consistently expanding core product features, and fostering innovation based on emerging narratives. The goal is to carve out a distinctive competitive edge for Bitget Wallet in the dynamic market. Alvin places a strong emphasis on simplifying the product experience, aiming for Bitget Wallet to serve as a seamless Web3 bridge.

“In our recent App version, the team has thoroughly reconsidered and redesigned the UI, with a dedicated focus on enhancing user-friendliness and ease of experience,” Alvin highlights.

“Bitget Wallet has always been on what we believe is the right path to chart the future of Web3 Wallets,” he concludes. “Continuous progress is key in ensuring that we continually place ourselves and our users at the forefront of Web3 innovation.”

About Bitget Wallet (Web3 Trading Wallet)

Bitget Wallet stands as Asia’s largest and global frontrunner among all-in-one Web3 multi-chain wallets. We offer a comprehensive range of on-chain products and DeFi services to our users, including wallet functionality, Swap feature, NFT trading, DApp browsing, and more.

With a 5-year legacy, Bitget Wallet has garnered acclaim from over 15 million users worldwide and has secured partnerships with prominent industry leaders including Bitcoin, Ethereum, TRON, BNB Chain, Solana, Base, and others. This success stems from our commitment to consistently delivering secure and convenient products and services.

For more information, visit: Website | Twitter | Telegram | Discord

Photo – https://mma.prnewswire.com/media/2334045/Bitget_Wallet_Welcomes_Alvin_Kan_Former_Senior_Executive_BNB_Chain.jpg

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Binance Announces Adjustment of Tick Size for Spot Trading Pairs

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Binance, a leading cryptocurrency exchange, has announced adjustments to the tick size (the minimum change in the unit price) of specific spot trading pairs. These adjustments are aimed at enhancing market liquidity and improving the overall trading experience for users. The changes are scheduled to be completed by 05:00 (UTC) and 07:00 (UTC) on May 23, 2024.

Traders can find details about the tick sizes of all spot trading pairs on Binance in the platform’s Trading Rules. Importantly, the adjustment will not impact spot trading and related functionalities. API users will also observe changes in the tick size, and they can stay updated with the latest tick size using the GET /api/v3/exchangeInfo endpoint. Additional details and updates can be found in the API Changelog.

Existing spot orders will not be affected by the tick size update. Orders placed before the update will continue to be matched with the original tick size. However, traders are advised to adjust their trading strategies accordingly to avoid any unnecessary impact on their trading activities.

Binance emphasizes the importance of referencing the English version of the announcement for the most accurate and up-to-date information, as there may be discrepancies in translated versions. The exchange remains committed to providing a seamless trading experience and appreciates the support of its users. Users are reminded to exercise caution and make informed decisions when trading on the platform.

Source: blockchain.news

The post Binance Announces Adjustment of Tick Size for Spot Trading Pairs appeared first on HIPTHER Alerts.

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OKX Announces Support for New USDC Spot Trading Pairs

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According to an official announcement released on May 16, 2024, OKX will introduce new USDC trading pairs in the spot trading section between 7:00 am and 8:00 am UTC on May 20, 2024. This addition aims to broaden trading options for OKX users and contribute to the expanding USDC ecosystem.

In light of the risks associated with digital asset trading, OKX has issued a cautionary note to all users. They emphasize that information provided by OKX and third parties is for informational and educational purposes only. OKX does not guarantee the accuracy or completeness of any information and does not provide financial, investment, or other forms of advice.

OKX highlights the speculative nature and high volatility of digital assets, cautioning that they may become illiquid at any time, potentially resulting in the loss of the entire investment. Therefore, OKX advises users to conduct thorough research and assess their risk tolerance before engaging in digital asset trading.

For inquiries regarding the new USDC spot trading pairs or any other concerns, users can contact OKX through their support center or engage with the OKX team on various platforms. OKX’s proactive approach in addressing user inquiries and fostering community interaction underscores its commitment to user satisfaction and the overall growth of the crypto ecosystem.

Source: blockchain.news

The post OKX Announces Support for New USDC Spot Trading Pairs appeared first on HIPTHER Alerts.

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ShibaSwap rolls out major upgrade, moves to Shibarium

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ShibaSwap, the decentralized exchange (DEX) affiliated with the Shiba Inu ecosystem, has announced a significant upgrade by migrating to the Shibarium blockchain. This move is expected to introduce a range of new utilities for users, as stated in a recent press release.

The upgrade includes features such as a revamped dashboard, enhanced user experience, discovery charts for trending tokens, and an improved process for onboarding new tokens onto the DEX.

Lead developer Shytoshi Kusama expressed enthusiasm for the upgrade, highlighting its potential to empower DEFI innovators and facilitate community token interaction on Shibarium. Kusama also invited the community to explore the new swap and encouraged existing Shibarium tokens to transition to the platform seamlessly, while assuring that further updates are in the pipeline.

A portion of transaction fees will be utilized to enhance liquidity pool (LP) value in swap transactions, benefiting users and the yield farming community, according to the press release.

The upgrade rollout will prioritize enhancing discovery and can be expected to include more regular updates and upgrades, as noted by fellow developer and contributor Kaal.

The upgrade aims to minimize gas fees and ensure faster transactions, in addition to supporting various segments of the Shiba Inu Ecosystem, including $SHIB and $LEASH tokens, SHEboshis DN-404 tokens, SHIB The Metaverse, ShibaSwap DEX, and the Shiba Eternity game.

Shibarium’s layer 2 mainnet, launched in August 2023, saw the creation of 21 million wallets and was trialed by millions of users. It introduced a new consensus mechanism called proof-of-participation (PoP), which selects validators based on their holdings of the associated cryptocurrency.

As of the latest data, the price of SHIB stands at $0.0002548, reflecting an almost 7% increase in the last 24 hours, with SHIB being the 11th largest in terms of market cap, according to CoinMarketCap.

Source: cointelegraph.com

The post ShibaSwap rolls out major upgrade, moves to Shibarium appeared first on HIPTHER Alerts.

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