Bitkub

From Deletionpedia.org: a home for articles deleted from Wikipedia
Jump to: navigation, search
This article was considered for deletion at Wikipedia on April 29 2020. This is a backup of Wikipedia:Bitkub. All of its AfDs can be found at Wikipedia:Special:PrefixIndex/Wikipedia:Articles_for_deletion/Bitkub, the first at Wikipedia:Wikipedia:Articles_for_deletion/Bitkub. Purge

company

Bitkub is a digital asset and cryptocurrency exchange company based in Bangkok, Thailand.[1][2]

History

Bitkub was founded in Thailand in February 2018 with a valuation of 525 million baht (≈ 17 mln USD) and investment from Total Access Communication Plc, DTAC Accelerate and SEAx.[3] The company raised a total of $1.67m in pre-Series A round.[4]

In October 2018, Bitkub as an exchange received the permission to operate the business until further notice.[5] As at November 2018, the exchange had over 20,000 user accounts and was providing 6 cryptocurrencies trading pairs including Bitcoin, Ethereum, Cardano, OmiseGo, Wanchain and Bitcoin Cash against Thai Baht.[6] The company planned to launch 20 more cryptocurrencies with a total 26 cryptocurrencies to the platform.[6]

In January 2019, the company received cryptocurrency and digital token exchange license to operate from the Thai Ministry of Finance.[7]

In January 2020, Bitkub entered into partnership with Ripple to enhance cross-border XRP transactions.[8][9]

Products and services

Bitkub offers exchange services to individuals who intend to buy, sell, and store cryptocurrency.[10][11] Currently, the company has 34 cryptocurrency trading pairs against Thai Baht.[12][13]

See also

References

  1. Jirayut Srupsrisopa,"Cryptocurrencies and the job market". Bangkok Post. 14 January 2020. https://www.bangkokpost.com/business/1835294/cryptocurrencies-and-the-job-market/. Retrieved 18 April 2020. 
  2. Nuntawun Polkuamdee,"Bitkub signs MoU with Chinese OKEx". Bangkok Post. 2 August 2019. https://www.bangkokpost.com/business/1722899/bitkub-signs-mou-with-chinese-okex. Retrieved 18 April 2020. 
  3. Polkuamdee Nuntawun,"Bitkub prepares for variety". Bangkok Post. 10 November 2018. https://www.bangkokpost.com/tech/local-news/1571274/bitkub-prepares-for-variety. Retrieved 18 April 2020. 
  4. Quynh Nguyen,"Thai cryptocurrency exchange Bitkub raises $1.67m in pre-Series A round". dealstreetasia.com. 9 September 2019. https://www.dealstreetasia.com/stories/thai-bitkub-pre-series-a-round-153087/. Retrieved 18 April 2020. 
  5. Polkuamdee Nuntawun,"Digital asset trading licences issued soon, says Bitkub". Bangkok Post. 5 October 2018. https://www.bangkokpost.com/business/news/1552238/digital-asset-trading-licences-issued-soon-says-bitkub. Retrieved 18 April 2020. 
  6. 6.0 6.1 Asina Pornwasin,"Bitkub sets sights on DISRUPTING". nationmultimedia.com. 10 November 2018. http://www.nationmultimedia.com/detail/Startup_and_IT/30358281. Retrieved 18 April 2020. 
  7. Jaclyn Teng,"Crypto exchange gets license to operate in Thailand". techinasia.com. 9 January 2019. https://www.techinasia.com/bitkub-gets-license-in-thailand. Retrieved 18 April 2020. 
  8. Solomon Odunayo,"Ripple Seals Partnership with Bitkub to Enhance Cross-Border XRP Transactions". heraldsheets.com. 18 January 2020. https://heraldsheets.com/2020/01/18/ripple-seals-partnership-with-bitkub-to-enhance-cross-border-xrp-transactions/. Retrieved 18 April 2020. 
  9. "Ripple Partnering With Thailand Crypto Exchange to Boost XRP Payments Network". dailyhodl.com. 17 January 2020. https://dailyhodl.com/2020/01/17/ripple-partnering-with-thailand-crypto-exchange-to-boost-xrp-payments-network/. Retrieved 18 April 2020. 
  10. JP Buntinx,"Bitkub Becomes the Official Partner of Ripple in Thailand". cryptomode.com. 19 January 2020. https://cryptomode.com/bitkub-becomes-the-official-partner-of-ripple-in-thailand/. Retrieved 18 April 2020. 
  11. Trevor Holman,"Bitkub Baggs Funding of $1.67m in Pre-Series A Round". cryptonewsz.com. 9 September 2019. https://www.cryptonewsz.com/bitkub-baggs-funding-of-1-67m-in-pre-series-a-round/. Retrieved 18 April 2020. 
  12. Mili Semlani,"Bitkub, Bitcoin and Bangkok: Thailand's cryptocurrency exchange raises pre-series A round". e27.co. 23 September 2019. https://e27.co/bitkub-brings-bitcoin-to-bangkok-thailands-cryptocurrency-exchange-raises-pre-series-a-round-20190923/. Retrieved 18 April 2020. 
  13. Darana Chudasri And Pathom Sangwongwanich,"The other side of the coin". bangkokpost.com. 10 May 2019. https://www.bangkokpost.com/tech/1675188/the-other-side-of-the-coin. Retrieved 18 April 2020. 

External links