British Crypto Exchange Blofin Announces Expansion to Vietnam

A British crypto exchange Blofin has announced that it is entering the Vietnamese market.

British Crypto Exchange Blofin Announces Expansion to Vietnam

To adapt to the unique language and needs of the local population, the exchange is tailoring its services. In order to provide fast help for user inquiries throughout the nation, Blofin has also established a specialized support unit.

With 21% of its population reportedly owning cryptocurrencies, Vietnam has emerged as a global leader in cryptocurrency adoption,

Matt Hu, CEO Of Blofin

In order to promote greater user involvement, the company claimed it is establishing relationships with significant people in Vietnam, working on creative projects, and interacting with local crypto networks.

Who Will Blofin Compete Against in Vietnam?

Among Blofin’s biggest rivals in Vietnam are Binance, Exness, and Skilling. According to data from CoinMarketCap, Binance stands out as a major player because it has the highest trading volume among all cryptocurrency exchanges worldwide.

About Blofin

The company Blofin provides crypto-financial services. In order to provide capital investments, lower trading fees, and other financial services, the company also offers crypto asset management services by concentrating on small and medium-sized Quantitative Hedge Funds.