Uppdex opens a branch in Singapore – Coinnews02.09.2022
Uppdex crypto exchange has launched a Singapore division – a large branch in its ecosystem – with the support of local near-state venture funds.
The new Uppdex exchange will allow buying and selling cryptocurrencies in Singapore dollars (SGB) in the growing cryptocurrency market. Singapore’s moderate regulatory environment and centrality to Southeast Asian finance have led to a thriving economy of blockchain companies and users.
Ahead of the soft launch, Uppdex Singapore has seen an average of 20 percent user growth per week since April. CEO of Uppdex:
We have seen the positive market reaction to Uppdex Singapore so far, which is largely due to our strategic investment partner.