Multi-Chain Web3 Company finally opened the doors of its CEX to the Public and will share almost half of its trading fees with its referees. 

New York, NY, June 16, 2022 – (SEAPRWire) – Bictory Finance, a prolific web3 company, tackling safety & regulatory problems across chains in the DeFi & NFT space, has announced the launch of the centralized exchange amongst its decentralized finance suite of products. This happens less than a month after it launched its grant-winning multi-chain NFT Marketplace and genesis one-off NFT collection.

This launch is a significant milestone for the rapidly growing project as it stemmed against the bear market, maintaining its team size, to launch three products successfully. Speaking on this launch, the project manager, Wisdom Augustine, said, “building this centralized exchange taught the team more about Web3 than spectating in the space ever would. Weve set the framework to build something promising for the space with BictoryEX V1“. Joha Sulaymonov, the project lead, consolidated Wisdom’s statement when he said about the launch, “BictoryEX was built on a different technology, aimed to be innovative and more customer-centric. We can only diverge away from the norm from this point.

BictoryEX is a centralized exchange that combines a bullet-speed order matching engine and a sleek and classic trading user interface with industry-wide low fees. Even at launch, the digital asset exchange platform will support deposits, withdrawals, and trades of more than 25 high-cap cryptocurrencies and multi-level account security features to guarantee maximum security for its users from the get-go without the KYC requirements.

Speaking of Know-Your-Customer requirements, BictoryEX, in coming updates, aims to leverage the self-sovereign ID protocol of its sandbox blockchain Concordium. Using Concordium streamlines the process of completing KYC requirements on the exchange or dealing with its indirect overhead costs, giving it a chance to beat the lowest fees in the industry and stay regulatory-compliant. The exchange launches with a referral campaign designed to share up to 40% of its trading fees as commissions to referees in hope that it will help them recover some of the lost value in this dire bear crypto market.

About Bictory Finance

Bictory Finance is a Web3 company building a multi-chain product suite to bring safety to DeFi & NFT investors, founded in 2019 by Joha Sulaymonov & Agbona Igwemoh. Its products include BictoryEX, BictoryDEX, multi-chain NFT Marketplace, and Concordium Name Service (CNS).

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