Orbix Trade Expands Digital Asset Market Presence in 2024, Launching New Digital Currencies on the orbix Trade Platform and Continuously Enhancing Security Features.

Stocks News Friday October 18, 2024 09:31 —PRESS RELEASE LOCAL

Orbix Trade Expands Digital Asset Market Presence in 2024, Launching New Digital Currencies on the orbix Trade Platform and Continuously Enhancing Security Features.


Orbix Trade Co., Ltd., a well-established and trusted digital asset exchange in Thailand, has announced the addition of nine new digital currencies to its trading platform in 2024. This move reflects the company's ongoing commitment to service development and growth in the digital asset market.

Mr. Chanvit Rungruanglada, Managing Director of Orbix Trade Company Limited, stated, "The digital asset market in Thailand has the potential to grow in line with global trends, with many types of digital assets yielding better returns than last year. To meet the needs of investors and expand opportunities, Orbix Trade Co., Ltd., the developer of the orbix Trade digital asset trading platform or also known as the name brand "orbix", has announced the listing of new digital currencies: Ondo Finance (ONDO), NEAR Protocol (NEAR), GALA (GALA), Polygon (MATIC), The Graph (GRT), Zentry ($ZENT), Ethena ($ENA), Mantle ($MNT), and Toncoin ($TON), all of which are now available for trading and transferring on the orbix Trade platform."

All newly listed coins have been selected through a rigorous Prudent Product Selection process in accordance with the Securities and Exchange Commission's (SEC) criteria. This process ensures a wide range of investment options by carefully considering coin attributes, asset trends in relation to market conditions, and a variety of coins, including Layer 1 and Layer 2 coins, as well as emerging protocols. orbix has continuously reviewed the performance and suitability of listed coins. Any coin that no longer meets the established criteria and thus poses a risk to investors may be delisted to mitigate risks and foster investor confidence. Currently, 45 digital assets are available for trading on the platform.

orbix's ongoing success is driven by features that enhance user experience, including:

  • Wallet Lock: A dual-layer wallet locking system that allows users to securely open and close their portfolio as they wish.
  • Price Alert: Real-time digital asset price notification system that allows users to receive alerts without constantly monitoring the market, ensuring they never miss a trading opportunity. Users can select specific coins for price alerts.
  • orbix Balance: An automated system that calculates the price of each coin, allowing users to instantly know their profit and loss for every asset without manual calculations.

Aside from the success of its feature usage, orbix is also attentive to and understands users' needs, particularly the signup and KYC process. At the end of August, the company updated KYC verification for K+ Authentication via the K PLUS app, streamlining the process for greater user convenience. This provides an additional option for users, resulting in an increase in app downloads, signups, and completed KYC verifications compared to the period prior to the update.

Mr. Chanvit noted in closing that the company remains committed to adapting and growing in the digital asset market. The goal is to achieve an "Easy & Trustworthy" ecosystem while developing the app's features to deliver a user experience that fosters sustainable growth. These efforts reflect the company's credibility and instill customer confidence, as a result, in August 2024, orbix has seen a significant increase in users, both in downloads and the number of customers who have applied and open accounts, which is higher than expected.

More details on orbix's news and activities are available at www.orbixtrade.com/blog.

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Disclaimer: Digital assets involve risk; investors should study related information carefully and make investments in accordance with their own risk profile.

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