Kwun Tong District, Hong Kong, Aug 02, 2022, ZEXPRWIRE, StarEx, a global crypto exchange, has established a new operations center in Dubai to help accelerate its global expansion to North America, Australia, Thailand, Singapore, Switzerland, Turkey, and other regions of the world.
According to Michael, the Director of Operation at StarEx Dubai, crypto assets were on the fringes of the financial world for many years. After the crypto booming in the bull market, people are obsessed with stories of instant millionaires and twitters by Elson Musk. Many are now looking for ways to use their savings to boost the ancillary revenue, and traditional financial institutions that were precautions of crypto assests are now showing great welcome to them instead.
In fact, there is still a long way to go for the crypto industry. And for most people, it’s not that easy to find the right channel to invest in crypto assets. The initiation to launch StarEx is to provide crypto services to the general public, and anyone with 10 dollars or millions of dollars could all invest in crypto assets at StarEx.
When talking about the establishment of an operations center in StarEx Dubai, Michael pointed out that Dubai is currently a crypto-friendly area. On September 22, 2021, the Dubai World Trade Center Authority (DWTCA) signed an agreement, stating its support on crypto asset trading and other related financial activities in the Dubai Multi Commodities Center.
In this May, news from the Financial Associated Press reported that Dubai is becoming one of the areas where blockchain companies and crypto service providers choose to settle in. Hundreds of companies such as Binance, Huobi, CoinW, ALPEX, and Metahero (including 90 Several investment funds and 12 business incubators) have chosen Dubai as their hub of operations.
There is no doubt that the blockchain industry in Dubai is growing rapidly and the wider financial industry will increasingly be built on the crypto track.
A key step in the global strategy of StarEx is to hire experienced technical talents globally and enter the local market through a recruitment and investment program that will ultimately enable StarEx to offer more services to local customers in Dubai. The services include but are not limited to the launching of new products, collaborating with KOLs to increase the local impact, expanding the client base, establishing the local business, and connecting with local regulatory authorities and financial institutions for closer partnership.
The essence of the crypto industry is decentralization and globalization. Dubai is not the only target market of StarEx, but one the radiating points for its global expansion. The client base of StarEx in North America, Australia，Malaysia，Thailand, Singapore, Switzerland, Turkey and other regions has been increasing steadily, In addition, StarEx has been devoting to the refinement of its ecological products, aiming to meet the different needs of its users from various regions of the world with better products.