From App Developer Magazine
VBTC Vietnam Co. Ltd. and Coinarch Pte. Ltd. have announced the launch of “VBTC plus,” Vietnam’s first bitcoin leverage trading platform this month. The partnership between Coinarch and VBTC Vietnam will allow the Vietnamese market to keep up with developments in nations located within the greater(South-)East-Asian area. VBTC Vietnam offers a strong understanding and foothold within the domestic market and Coinarch includes an outstanding team who has extensive experience in dealing with financial and high-end technology markets.
A pile of Bitcoins are shown here after Software engineer Mike Caldwell minted them in his shop on April 26, 2013 in Sandy, Utah. Bitcoin is an experimental digital currency used over the Internet that is gaining in popularity worldwide. (Photo by George Frey/Getty Images)
“We are very pleased to announce today the results of the dedicated work of our developer teams over the last weeks. It is a significant award and proof of trust to the advancing Vietnamese hi-tech startup scene, which enables us to close such strategic international partnerships with worldwide industry-leading companies like Coinarch. It is a pleasure to work with Jeremy and his team, which can look back on decades of experience in international finance and high-end technology” stated Nguyen Tran Bao Phuong, CEO of VBTC Vietnam Co. Ltd.
The platform was designed to accommodate today’s best-practice models within the Bitcoin industry while at the same time being able to integrate existing security standards from the traditional payments industry. These security features include a Multi-level Cold Storage Bitcoin protection system, Payment Card Industry Data Security Standard applied throughout the entire system infrastructure, HTTPS & PFS encrypted communication and Google 2-Factor-Authentication for enhanced user account security.
Vietnam’s market holds great potential. There are currently over 80 million people affected by the result of inflation. The VBTC plus offerings are coming in at an opportunistic time as the market is rapidly expanding.
Read the full article HERE.
