[The following content is provided by Fusheng Digital]
Taiwan Mobile's wholly-owned subsidiary, Fu Sheng Digital, announced today (22) on Bitcoin Pizza Day that its Taiwan Virtual Asset Exchange (TWEX) is officially launched.
Taiwan Virtual Asset Exchange (TWEX) is the first virtual asset exchange in Taiwan invested and operated by a large corporate group. It focuses on the pain points of novices who want to start virtual asset investment when conducting transactions, and provides a safe, simple, and low-threshold reliable option.
Fubon Group Chairman Tsai Ming-chung took the lead in personally buying his first Bitcoin, demonstrating his trust in the platform with practical actions. He also said that he has been paying attention to the development of virtual assets for a long time. He finally took the first step on the platform that Fubon Group helped to build, inviting everyone to join the new era of Web3.
Three user-friendly designs to lower the threshold for novices and eliminate worries about assets
The Taiwan Virtual Asset Exchange (TWEX) has three main features: "security", "simple operation", and "small purchases". Users can easily purchase Bitcoin and Ethereum with a minimum of NT$100 and complete the transaction in three intuitive steps.
To reduce the risk of operational errors, the platform provides trading and NT dollar deposit/withdrawal simulators to help users familiarize themselves with the process. Considering that novices are unfamiliar with on-chain transfers, the Taiwan Virtual Asset Exchange (TWEX) will not open the on-chain fund transfer function in the initial stage to lower the user's operation threshold.
Fubon Group Chairman Tsai Ming-chung bought his first Bitcoin
Fubon Group Chairman Tsai Ming-chung said that global virtual assets are entering a stage of institutionalization and standardization, and will be more closely integrated with the traditional financial system in the future. The era of Web3 has arrived, and it has been observed that many ecological communities have taken shape in Taiwan. Chairman Tsai emphasized that the AI and blockchain industries are booming, and the global virtual asset market value has exceeded US$3.1 trillion. Fubon Group has a complete system of financial holdings, telecommunications, and e-commerce, and is expected to demonstrate high synergy in digital asset application scenarios. The entry of Taiwan Virtual Asset Exchange (TWEX) into the market is also an important milestone for the Group to enter Web3.
Chairman Tsai Ming-chung has purchased his first Bitcoin at the Taiwan Virtual Asset Exchange (TWEX), and said in a pre-recorded video that he had always been eager to participate in virtual asset transactions in the past, and now he can finally conduct his first transaction in a safe and reliable platform. He also invited everyone to join the Web3 trend and become a new generation of participants.
Lin Zhichen, Chairman of Fusheng Digital: Building a safe and reliable trading environment
Lin Zhichen, chairman of Fusheng Digital, said that the global virtual asset market continues to heat up. In Taiwan, the number of people participating in virtual asset investment continues to grow, but currently still accounts for only about 5% of the total population. The market still has great potential. Many of these investors who are on the sidelines need a safe, reliable, and easy-to-operate trading platform.
Taiwan Virtual Asset Exchange (TWEX) integrates group resources to comprehensively control from fund custody to technical protection: introducing Taipei Fubon Bank trust accounts and Taiwan Big Data's technical and financial backing, hoping that users can hold virtual assets for a long time with peace of mind, and can also conveniently accumulate them on a regular basis.
Chairman Lin even took out a transaction receipt from 11 years ago at the press conference, stating that he is a long-term holder of Bitcoin. He bought his first Bitcoin at the end of 2013 when the price was US$656. Its value has grown more than 155 times to date, with an annualized return of 58%. Chairman Lin further stated that the Taiwan Virtual Asset Exchange (TWEX) has joined the market and looks forward to working with all cryptocurrency and Web3 startup teams to promote the mainstreaming of the industry and bring positive value to the market under the guidance of the competent authorities with highly compliant, strict, and rigorous anti-money laundering governance.
Although the blockchain industry has experienced market fluctuations, its pace of industrial development has never stopped. Chairman Lin shared his observation that like the early Internet, blockchain shows the same development trend. Currently, there are more than 220 million active addresses on the chain each month, which is roughly the early stage of Internet development in 1998. The recent open attitude of the US government and institutional investors has also injected new impetus into virtual assets. Chairman Lin also shared the prospects of Bitcoin as digital gold for everyone to refer to for future trends.
Han Kunju, General Manager of Fusheng Digital: Buy with small change and hold with confidence
Han Kunju, general manager of Fusheng Digital, further pointed out that the continued evolution of Web3 will bring about a new wave of changes, and virtual asset exchanges are an important foundation for connecting legal currency and virtual assets.
In order to make it easy for novices who want to try virtual asset trading, Taiwan Virtual Asset Exchange (TWEX) opened Bitcoin and Ethereum for the first time, providing three major platform advantages: First, it uses the HSM (Hardware Security Module), the first in Taiwan's industry, to build a completely offline cold wallet system, and multiple protection mechanisms to protect the safety of user assets; second, the transaction is completed in three simple steps: "select the currency, enter the amount, and confirm the purchase"; third, the minimum order is NT$100, which lowers the entry threshold and allows users to "start with small change, hold it with confidence, and invest easily."
Enter the Taiwan Mobile APP to start trading Bitcoin and Ethereum
Currently, Taiwan Mobile users can directly access the Taiwan Mobile Virtual Asset Exchange (TWEX) through the Taiwan Mobile APP. They can start registration, login, and trading without downloading other APPs.
TWEX provides transaction methods such as pre-deposit and post-transaction payment. Through buying and selling transactions and NT dollar deposit/withdrawal simulators, users can familiarize themselves with the transaction process in advance and reduce the risk of operational errors. In addition, considering the complexity of on-chain transactions, the Taiwan Virtual Asset Exchange (TWEX) will not provide on-chain transfers in the initial stage to reduce the risk of users making operational errors and causing losses due to unfamiliarity. Users can sell their virtual assets and withdraw New Taiwan dollars to their bank accounts.
Celebrating the listing of Taiwan's largest virtual asset exchange on "Bitcoin Pizza Day"
Taiwan Virtual Asset Exchange (TWEX) officially launched on “Bitcoin Pizza Day”. "Bitcoin Pizza Day" originated on May 22, 2010, when American engineer Laszlo Hanyecz exchanged 10,000 bitcoins for two pizzas, which were worth only about US$41 at the time and have now exceeded US$1 billion. These two pizzas are jokingly called "the most expensive pizzas in history", symbolizing Bitcoin's transition from digital assets to physical applications. Every year, the global community commemorates this milestone with pizza parties.
"Taiwan Stock Exchange TWEX is listed! Buy Bitcoin starting from 100 yuan, just open Taiwan Big APP and use it. This article was first published in "Crypto City"
