DUBAI, UAE, Dec. 18, 2024 /PRNewswire/ — The 2024 Open Padel Cup for Government Institutions, proudly sponsored by KuCoin, concluded successfully at the Just Padel – Mina Rashid on Dec 15th. The event witnessed competitions among various government departments, showcasing exceptional skill and sportsmanship.

Prior to the competition, a special luncheon sponsored by KuCoin took place from 12:00 PM to 2:00 PM in the VIP lounge at Just Padel. During the luncheon, representatives from Dubai Sports Council, KuCoin, and the media engaged in meaningful conversations.

This remarkable tournament took place over three exciting days, with the final day of the champion match on Sunday. This year’s tournament saw the participation of 50 governmental sectors, turning the event into a spectacular showcase of talent and camaraderie. The final matches were intense, with the winning team crowned amidst cheers and celebration. KuCoin, alongside officials from the Dubai Sports Council, presented the awards to the victors as title sponsor, celebrating their outstanding achievements.

The collaboration between KuCoin and the Dubai Sports Council has been highly praised by government officials. They expressed gratitude for KuCoin’s support in promoting a healthy lifestyle and sports within the community. “The DSC is proud to partner with KuCoin, whose support as the title sponsor has been instrumental in making this event a success. Events like these showcase the exceptional talent within our community and inspire a culture of fitness, excellence, and camaraderie,” remarked by Imran Aljasmi, Director of Communication and Public Relation of DSC.

The successful partnership highlights KuCoin’s ongoing commitment to the Dubai market and its dedication to fostering community relations through sports.

This event marks another significant milestone in KuCoin’s series of upcoming campaigns in Dubai, emphasizing its long-term commitment to supporting local initiatives and enhancing the vibrant community life in the region.

About KuCoin

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 37 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.

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DUBAI, UAE, Dec. 18, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is scaling up its Trading Bot’s capacity to meet rising customer demands amidst the surging crypto trading volumes. Increasing grid limits for all users of its Trading Bot, Bybit aspires to empower traders to realize higher trading potentials and achieve strategic goals with its advanced tool.

The Bybit Trading Bot offers much needed flexibility and precision in a heated market, and comes with additional perks for VIPs. As traders race to ride the bull run in recent weeks, the uplift in grid trading capabilities stands to enhance the Trading Bot experience for all users:

• Higher grid limits for all users: Grid limits get a significant boost across the board: non-VIP traders enjoy a 44% increase for Spot Grid Bot and a remarkable 127% increase for Futures Grid Bot.
• VIP exclusives: VIP users are entitled to next-level privileges — with Spot grid limits increasing by up to 110% and Futures grid limits up to 83% more compared to non-VIPs.

BTC reached a new milestone in 2024, breaking its all-time-high and crossing the $100,000 threshold in the latest rally. With the surge of capital inflows in recent weeks, interest and activity levels in the overall crypto markets continue to be on the rise.

“I’m thrilled to introduce the premium features for our Trading Bot users. The enhancements offer an advanced, denser grid count, specifically tailored to maximize arbitrage potential in volatile market conditions,” said Jerry Li, Head of Financial Products at Bybit. “This benefits all users and provides additional room for potential gains for VIP users. With more grid intervals, VIP users have greater agility to capitalize on even minor price movements, turning fluctuations into consistent opportunities. This added advantage not only enhances trading efficiency but also aligns with our commitment to providing clients with cutting-edge tools for smarter and more profitable trades on Bybit.”

Bybit Trading Bot Experience

Bybit’s Trading Bot is an automated tool that helps users power up their grid trading strategy for active traders. Designed to capitalize on market volatility, traders can entrust executions with Bybit Trading Bot by setting a series of buy and sell orders within a predefined price range.

A well-configured bot empowers users to capitalize on price fluctuations with minimal manual effort, enhancing both consistency and efficiency for avid crypto investors. Especially effective in sideways or volatile markets,  the tool can be set up to ensure grid profits exceed trading fees under normal conditions. With options to copy strategies from expert traders or share your own, the bot caters to both beginners and experienced traders, facilitating flawless strategy execution in automatic trading across Bybit’s Spot and Futures markets.

Find out more:  Bybit Trading Bot – Enhanced Grid Limits

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

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DUBAI, UAE, Dec. 18, 2024 /PRNewswire/ — GTC FX, a leading name in global finance, celebrated its 12th anniversary with the esteemed Golden Falcon Awards Night on December 15. This prestigious event was held at the Grand Hyatt Dubai Conference & Exhibition Centre, featuring an exclusive assembly of top clients, partners, and celebrities. Notable attendees included legendary investor and author Jim Rogers, as well as Bollywood stars Nora Fatehi and Harshvardhan Rane.

Established as a pillar of trust in financial services, GTC FX operates under rigorous regulatory frameworks across various global jurisdictions. The firm is renowned for its commitment to stringent anti-money laundering (AML) and know-your-customer (KYC) protocols, ensuring continued integrity and reliability in the fintech sector.

Over its 12-year trajectory, GTC FX has dedicated itself to excellence and innovation in finance, now serving over 985,000 clients and managing a diverse portfolio of 27,000 trading instruments. With operations extending across more than 20 branches worldwide, GTC FX handles an impressive $153 billion in monthly trades, reinforcing its status as a dominant force in the international financial landscape.

The highlight of the evening, the Golden Falcon Awards Ceremony, saw GTC FX honoring its distinguished clients and partners for their pivotal roles in the company’s success. “This event is not only a celebration of our past achievements but also an enthusiastic anticipation of our future endeavors,” expressed Ahmad Jarrar, Chief Advisor and CEO of GTC FX.

As GTC FX continues to drive forward industry standards, the Golden Falcon Awards Night will stand out as a testament to the company’s dedication to client success and innovation in the global finance sector.

About GTC FX:

GTC FX, established in 2012, is a prominent player in the financial derivatives industry, serving over 985,000 clients across more than 100 countries. Renowned for its innovative trading solutions and commitment to regulatory standards, GTC FX offers a broad spectrum of online trading products. The company is regulated globally, adhering to the stringent requirements of major financial authorities, which underpins its reputation for reliability and excellence. GTC FX’s trading platforms provide up to 500:1 leverage on a diverse array of products, including Forex, Metals, Shares, Commodities, Indices, and Liquidity Solutions. Over the years, GTC FX has been acknowledged with more than 120 industry accolades worldwide, celebrating its dedication to financial services excellence and cutting-edge technology. For more information, visit GTC FX’s website.

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