The Singapore-based exchange will partner with leading solution providers and provide innovative trading features as it looks to bring cryptocurrency to everyone
Singapore-based Wowoo Exchange today announced the official launch of its digital assets trading platform. With an initial focus on the local market, Wowoo Exchange allows users to deposit and withdraw in Singapore dollars to trade cryptocurrency. At the start, three currency pairs will be available: SGD-Bitcoin, SGD-Ethereum, and Bitcoin-Ethereum. Additional pairings will be added in the future. New users who register on the platform will also be eligible for
The Exchange, which opened its doors to the public in early September, announced the launch following news of several partnerships with leading fintech solution providers, including Cynopsis Solutions and Xfers – all of whom share a presence in Singapore’s growing cryptocurrency scene. The partnerships will strengthen Wowoo Exchange’s platform security, commitment to regulatory compliance and protection of customer data.
Wowoo Exchange also recently announced other updates to support its product roadmap. By offering Singapore dollar transactions, as well as both market and limit orders, Wowoo Exchange can provide narrow spreads, lower trading fees, and simple and quick trades.
In the coming months, the Exchange’s users can expect to see more features like customizable dashboards, introduction of other coins, as well as advanced options such as an instant-exchange interface, and additional trade types like stop orders.
Willie Chang, CEO of Wowoo Exchange, expressed his thoughts on the launch, saying, “Having spent the last few months laying a solid foundation, including building a strong team and platform, we are excited to bring crypto trading to a wider audience in the region. In the coming months, we will continue to focus on improving the user experience.”