Press Release
Bit.Store–A Super Convenient Way to Buy Into (and Out Of) Bitcoin
Crypto currencies, especially Bitcoin, are going mainstream. It seems that its wildest oats have been sown as traditional investors begin to take significant positions. Exchange Traded Funds (ETFs) are being packaged by crypto market makers to serve such traditional investors, as Morgan Stanley purchased $240 million in Grayscale’s “Bitcoin Trust” just last week, and Goldman Sachs has publicly confirmed plans to have a substantial crypto portfolio as well. Meanwhile, average consumers can expect more convenient ways to buy crypto, too, particularly considering PayPal’s recent promises. Whether PayPal will be inexpensive for average consumers, however, is a serious question.
The prospect of holding crypto currencies for the average consumer can seem quite prohibitive if you don’t hunt around for solutions. Compared with traditional assets, most solutions you find have unfamiliar complexities and risks. There are specialized wallets for cryptocurrency with unique protocols and real potential for users to make mistakes that cannot be undone, such as irreversibly transferring to the wrong party or irreversibly locking themselves out of access to their crypto holdings. The peer-to-peer, decentralized, and pseudo-anonymous realm of cryptocurrency is new territory, out of which come reports not unlike those of early European adventurers to other continents–fabulously enticing and nightmarishly forbidding in equal measure. As usual, the truth is in between.
A rather unfussy app I learned about from friends living abroad is a good example. The app is designed for the average investor–the average credit-card user, really, and can very easily put such users into Bitcoin holdings. Go in with a credit card, come out with BTC–it’s that easy. When things are easy, though, they can also be viewed positively, or negatively, as minimal. You won’t find candlestick charts, “market” vs. “limit” options, or steps to take involving stablecoins. What you’ll find is more akin to online shopping. With Bit.Store, the entire process of buying BTC is as simple as buying a regular product. You just need to link up your bank card, determine the amount to buy, place your order, and you’re good to go.
Compared to exchanges like Binance or Coinbase, Bit.Store’s simplicity is more like PayPal, or Square’s Cash App (Cash App, in fact, had $2.7 billion in transactions in Q2 2021).
Bit.Store is a “custodial” app, and the custodians are Bit.Store partners Coinbase, the world’s largest cryptocurrency exchange by assets, and Cobo, Asia’s largest crypto wallet by assets. While this means more security and lower risk it also means you can’t withdraw or deposit BTC itself. But it does arguably let you do something better, which is very easily convert fiat to crypto and back again. Another global firm, PWC, further ensures security and regulatory compliance as auditor.
Bit.Store is mainly aimed at the Southeast Asian market, and actually first launched in Indonesia. Indonesia has a relatively relaxed policy environment around crypto, a population of 300 million, ranking 3rd after China and India in Asia, and high internet penetration. But the app is adding countries from Hong Kong to Canada, so without a doubt it’s going to grow. The exchange rates are extremely reasonable, and prices lock in without making you rush to complete purchases. Bit.Store is a perfect way to get started with investing in Bitcoin as well as other popular crypto currencies. It may, in fact, be all you’ll ever need.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Paradex Confirms $DIME TGE Timeline and Expands Airdrop Allocation Following XP Season 2 Conclusion
New York, NY – Paradex today announced the official conclusion of XP Season 2, marking a major milestone in the platform’s roadmap toward the upcoming $DIME Token Generation Event (TGE).
As part of its continued commitment to trader-first incentive alignment, Paradex confirmed that 25% of $DIME’s fully diluted supply will be airdropped to all XP holders at TGE, with tokens fully unlocked at launch.
In a significant expansion of community rewards, Paradex also revealed that Season 2 XP holders will receive 20% of the total token supply, up from the previously planned 15%, reinforcing the platform’s long-term focus on rewarding active ecosystem participation.
The $DIME TGE is currently scheduled for late February or early March, following the Chinese New Year holiday, with the official date to be announced by the Paradex Foundation.
XP Season 2: Major Growth and Final Week Distribution
XP Season 2 represented a period of substantial growth for Paradex across every major protocol metric:
- Average daily trading volume increased from $68M to $2.1B (31x)
- Open Interest grew from $28M to $679M (24x)
- Total Value Locked rose from $25M to $218M (9x)
- Total users expanded from 4.1k to 70.3k (17x)
During the final week of the season (January 23 to January 29), Paradex distributed 6 million XP directly to active user wallets, with additional rewards allocated through referral codes and affiliate programs.
Users surpassing 25,000 XP during the final week also received exclusive BadgerBox drops.
A final waitlist snapshot is scheduled for January 31 at 00:00 UTC.
$DIME Airdrop Allocation Breakdown
Paradex confirmed the following $DIME distribution structure at TGE:
- 25% of total supply allocated to all XP holders (fully unlocked)
- 20% dedicated specifically to Season 2 XP participants (increased from 15%)
- 5% reserved for Pre-Season and Season 1 XP holders (unchanged)
With half of the token supply dedicated to user rewards and participation, Paradex continues to position itself as a platform built around long-term ecosystem alignment.
Token Generation Event Details
- Token: $DIME
- Timing: After Chinese New Year
- Target Window: Last week of February or first week of March
- Initial Listing: Paradex Spot Markets
- Issuer: Paradex Foundation (official date forthcoming)
XP Season 3 Launches February 1
Looking ahead, Paradex announced that XP Season 3 will begin on February 1, shifting focus toward the next phase of ecosystem expansion, including:
- Spot trading
- Real-World Asset (RWA) Perpetuals
- Options markets
XP accumulation will begin immediately on February 1, while the first weekly XP distribution will occur post-TGE, allowing the team to prioritize a smooth and focused token launch.
Paradex reiterated that the platform remains committed to transparent execution, continued incentive alignment, and rewarding the traders and builders who drive long-term ecosystem growth.
About Paradex
Paradex is a privacy-first, zero-fee on-chain perpetuals exchange focused on high-performance decentralized trading infrastructure for a global community of crypto participants.
Website: https://paradex.trade/
X (Twitter): https://x.com/paradex
Discord: https://discord.gg/paradex
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Paradex Confirms $DIME TGE Timeline and Expands Airdrop Allocation Following XP Season 2 Conclusion
New York, NY – Paradex today announced the official conclusion of XP Season 2, marking a major milestone in the platform’s roadmap toward the upcoming $DIME Token Generation Event (TGE).
As part of its continued commitment to trader-first incentive alignment, Paradex confirmed that 25% of $DIME’s fully diluted supply will be airdropped to all XP holders at TGE, with tokens fully unlocked at launch.
In a significant expansion of community rewards, Paradex also revealed that Season 2 XP holders will receive 20% of the total token supply, up from the previously planned 15%, reinforcing the platform’s long-term focus on rewarding active ecosystem participation.
The $DIME TGE is currently scheduled for late February or early March, following the Chinese New Year holiday, with the official date to be announced by the Paradex Foundation.
XP Season 2: Major Growth and Final Week Distribution
XP Season 2 represented a period of substantial growth for Paradex across every major protocol metric:
- Average daily trading volume increased from $68M to $2.1B (31x)
- Open Interest grew from $28M to $679M (24x)
- Total Value Locked rose from $25M to $218M (9x)
- Total users expanded from 4.1k to 70.3k (17x)
During the final week of the season (January 23 to January 29), Paradex distributed 6 million XP directly to active user wallets, with additional rewards allocated through referral codes and affiliate programs.
Users surpassing 25,000 XP during the final week also received exclusive BadgerBox drops.
A final waitlist snapshot is scheduled for January 31 at 00:00 UTC.
$DIME Airdrop Allocation Breakdown
Paradex confirmed the following $DIME distribution structure at TGE:
- 25% of total supply allocated to all XP holders (fully unlocked)
- 20% dedicated specifically to Season 2 XP participants (increased from 15%)
- 5% reserved for Pre-Season and Season 1 XP holders (unchanged)
With half of the token supply dedicated to user rewards and participation, Paradex continues to position itself as a platform built around long-term ecosystem alignment.
Token Generation Event Details
- Token: $DIME
- Timing: After Chinese New Year
- Target Window: Last week of February or first week of March
- Initial Listing: Paradex Spot Markets
- Issuer: Paradex Foundation (official date forthcoming)
XP Season 3 Launches February 1
Looking ahead, Paradex announced that XP Season 3 will begin on February 1, shifting focus toward the next phase of ecosystem expansion, including:
- Spot trading
- Real-World Asset (RWA) Perpetuals
- Options markets
XP accumulation will begin immediately on February 1, while the first weekly XP distribution will occur post-TGE, allowing the team to prioritize a smooth and focused token launch.
Paradex reiterated that the platform remains committed to transparent execution, continued incentive alignment, and rewarding the traders and builders who drive long-term ecosystem growth.
About Paradex
Paradex is a privacy-first, zero-fee on-chain perpetuals exchange focused on high-performance decentralized trading infrastructure for a global community of crypto participants.
Website: https://paradex.trade/
X (Twitter): https://x.com/paradex
Discord: https://discord.gg/paradex
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
FXO and Apex Trade Outline Shared Perspectives on the Responsible Development of Finance and Technology
Emphasizing Long-Term Value, Stability, and Social Responsibility in Global Markets
FXO Global Exchange and the Apex Trade (AT) team have each articulated a long-term focus on the responsible development of next-generation finance and technology, emphasizing sustainability, structural stability, and social value creation in an evolving global landscape.
While operating independently, both FXO and AT highlight the importance of aligning technological advancement with real-world needs, prudent risk management, and broader societal considerations.
Distinct Capabilities Addressing Evolving Market Needs
FXO Global Exchange is positioned as a financial infrastructure platform designed for global markets, with an emphasis on system stability, transparency, and long-term operational resilience. Its approach prioritizes the development of institutional-grade frameworks that support orderly market participation and sustainable growth.
Apex Trade (AT), meanwhile, operates as a professional analytical team focused on financial market research and interdisciplinary analysis. The team brings together contributors from fields including financial markets, digital assets, artificial intelligence, and data science, developing structured analytical models intended to support informed decision-making in complex market environments.
Long-Term Orientation and Development Philosophy
Apex Trade operates under the guiding principle of “Technology leading life, working hand in hand with the world,” reflecting its emphasis on global awareness, analytical rigor, and responsible innovation. Its work focuses on examining how emerging technologies intersect with financial systems and broader social dynamics.
FXO similarly underscores a long-term development philosophy, highlighting the importance of stability, transparency, and value creation over short-term expansion. The platform’s stated objective is to contribute to financial ecosystems that are resilient, rational, and aligned with sustainable development goals.
Global Perspective and Professional Research Focus
The AT team consists of analysts and researchers from multiple regions, contributing diverse professional backgrounds and perspectives. Through cross-disciplinary collaboration, the team has developed analytical frameworks aimed at evaluating market structure, technological trends, and long-term system behavior.
AT has indicated that it maintains, or is preparing, operational and research presences in several regions as part of its broader global outlook.
Emphasis on Social Responsibility and “Technology for Good”
Both FXO and Apex Trade emphasize that technological and financial innovation should extend beyond efficiency and scale, incorporating social responsibility and public-interest considerations. Each organization has highlighted the importance of applying technology in ways that support sustainability, social equity, and long-term societal benefit.
This perspective reflects a broader industry discussion around “technology for good,” where innovation is evaluated not only on performance metrics but also on its contribution to structural stability and social well-being.
Industry Outlook
As global finance and technology continue to evolve, FXO and Apex Trade each maintain that future progress will depend on rational development, responsible governance, and a commitment to long-term value creation. Their respective approaches illustrate how independent organizations can contribute to this broader direction through infrastructure development, analytical research, and principled innovation.
Conclusion
The perspectives outlined by FXO Global Exchange and Apex Trade reflect a shared emphasis on sustainability, responsibility, and long-term thinking in next-generation finance and technology. As industry participants increasingly focus on structural integrity and social impact, such approaches continue to shape discussions around the future of global financial and technological systems.
Media Contact
Organization: Wholy Digital
Contact Person: Media Relations
Website: https://wholyseo.com/
Email: Send Email
Country:Singapore
Release id:40848
Disclaimer: This content is provided for informational purposes only and does not constitute financial, investment, legal, or trading advice. FXO Global Exchange and Apex Trade (AT) operate independently and are not affiliated; any references are descriptive only and do not imply a partnership, endorsement, or collaboration. No offers, solicitations, or guarantees are made.
The post FXO and Apex Trade Outline Shared Perspectives on the Responsible Development of Finance and Technology appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Paradex Confirms $DIME TGE Timeline and Expands Airdrop Allocation Following XP Season 2 Conclusion
Paradex Confirms $DIME TGE Timeline and Expands Airdrop Allocation Following XP Season 2 Conclusion
FXO and Apex Trade Outline Shared Perspectives on the Responsible Development of Finance and Technology
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