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Title: NCX Cryptocurrency Exchange Initiates Application for Virtual Asset Service Provider License in Hong Kong

Dubai, United Arab Emirates, 19th Jan 2024, King NewsWire - In a strategic move towards bolstering its presence in the rapidly evolving cryptocurrency landscape, NCX Cryptocurrency Exchange has officially applied for a Virtual Asset Service Provider (VASP) license in Hong Kong. The move comes on the heels of Hong Kong's embrace of crypto in 2023, as the nation introduced a licensing regime, allowing crypto exchanges to cater to retail customers.  NCX, a pioneer in the Hybrid Cryptocurrency Exchange and Trading Platform, is at the forefront of ushering in a new era of trust and transparency in the crypto market. Bridging the gap between traditional finance and decentralized finance (DeFi), NCX envisions onboarding billions into web3 through its cutting-edge and breakthrough platform, offering simplicity, trust, and intuitiveness.The platform distinguishes itself by combining the benefits of true ownership, high-grade security, on-chain transparency from decentralized finance, with the convenience of fiat onramp payment options, institutional-grade liquidity, low fees, versatile asset management, trading features, dedicated support, and accessibility found in centralized exchanges.Key Features of NCX Platform:Crypto Exchange: The platform facilitates the buying, selling, and trading of over 200 crypto assets. Users can also purchase crypto using more than 90 fiat currencies and 16 payment methods, including credit cards, SWIFT, SEPA, Apple Pay, and Google Pay. Derivatives Trading: NCX offers a robust derivatives trading platform, allowing users to trade 500 derivatives markets with up to 200x leverage. This includes crypto derivatives, stocks from US, EU, and Asian markets, commodities, forex, indices, and ETFs. DeFi Exchange: NCX's Cross Chain Decentr...

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