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Monday, 5 November 2018, 09:00 HKT/SGT
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Source: BITWORK
BITWORK x Genesis Block Join Hands to expand cryptocurrency over-the-counter trading services

HONG KONG, Nov 5, 2018 - (ACN Newswire) - In order to offer clients efficient trading experiences and extensive customer support. BITWORK is pleased to announced that we cooperated with Genesis Block, Hong Kong's premier cryptocurrency over-the-counter (OTC) trading centre, established a trading desk at BITWORK to provide cryptocurrency trading service to retail and institutional buyers or sellers with a stable, reliable, fast and secure trading services.

Group photo of Genesis Block

Co-founder Mr Raymond Chan from BITWORK delivered his speech.

Over-the-counter (OTC) trading services enable individuals and institutions to buy and sell cryptocurrencies at ease without concerns of market liquidity and order book discovery. BITWORK now offers trading with four cryptocurrencies, such as Bitcoin, Ethereum, USDT and BCH. The Bitcoin vending machine are also set up in BITWORK office to facilitate buyers for trading.

Co-Founder of BITWORK, Mr. Raymond Chan said "Apart from the existing educational programs, events, project accelerator program, capital management and other relating services, BITWORK will now provide cryptocurrency OTC trading services. Through our close cooperation with Genesis Block, we hope to provide investors with an effective processing of large payment transactions. Meanwhile, BITWORK will refer potential clients to them, and executing the transactions for these organizations."

OTC transaction enables large payment transactions without affecting the overall market price. As such, many clients with large payment transaction would prefer OTC trading, in order to avoid any loss caused by significant price fluctuations. Such trading is notably appealing to many investors.

About BITWORK
BITWORK is a blockchain community-based company with providing top end blockchain services and solutions in Hong Kong. We are dedicated to promote the blockchain technology in enterprise level for existing industries such as banking, health care, education and government departments. Thereby helping company to smoothly transform their businesses into the blockchain area and get connected with the world. BITWORK is a blockchain community by providing co-working space to build a blockchain network. Meanwhile, BITWORK will assist Hong Kong citizen in attaining national blockchain certification by organizing a certified blockchain training program with China Information Industry Association. By so doing, enabling conventional investors to acknowledge and understand blockchain investments. Lastly, BITWORK will provide project accelerator services within the community, leading the internet and conventional enterprises to construct a new operational model incorporating blockchain technology.

About Genesis Block
Genesis Block is the premier OTC trading floor in Hong Kong. We provide liquidity to retail and institutional buyers and sellers of digital assets. We are also working to build the community by offering OTC Trading, ATM Service, Mining equipment and dedicated education and events.

Media Enquiry
Mr. Daniel Ip / Ms Veneesa Lee
Tel: +852 6155 8215 / +852 6486 1007
E-mail: daniel.ip@bitwork.asia / veneesa@bitwork.asia



Topic: Press release summary
Source: BITWORK

Sectors: Daily Finance, Daily News, Crypto, Exchange, Blockchain Technology
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