BitWell — — The Next ‘Binance’ in Derivative Exchanges
On July 12, BitWell, a derivatives trading platform, held a WELL airdrop event with CoinMarketCap. On July 12, Amanda, the CMO of BitWell, gave a speech in the community to introduce BitWell and its team members, the following is the full content of Amanda’s speech.
Hello everyone and welcome to the BitWell community, I am Amanda, the CMO of BitWell.
As the CMO of BitWell, I previously served as the marketing VP of MEXC Exchange, and built the marketing strategy and tactics system of the MXC platform from 0 to 1, helping the platform achieve a million user growth in 4 months. At BitWell, I am responsible for strategic marketing planning, market development and promotion, branding and marketing strategy.
There are many new friends in the group who may be relatively new to BitWell. Next, I will give you a brief introduction to let everyone know BitWell and our team better.
The blockchain and digital asset industry is now in the fast lane of booming development, with a large number of traditional institutions continuously entering the market, bringing about a huge demand for digital asset derivatives. Since 2021, the digital asset derivatives market has seen tremendous growth, both in futures and options.
As the first traffic portal connecting digital assets to the general public, trading platforms play a basic but increasingly important role in the industry. However, the current exchange industry also suffers from a lack of concentration, inefficiency and professionalism, such as the various types of pinning that the majority of users abhor, and the problem of exchanges acting as both referees and athletes remains prominent, and there are still many business opportunities in the industry.
Against this backdrop, BitWell, an international digital asset derivatives trading platform, was created to provide a wide range of digital asset derivatives trading services to global users, to jointly promote the development of the blockchain industry, and to realize the free flow of digital asset value.
Let me first introduce BitWell, and the BitWell team to you.
BitWell’s team members come from 10+ countries and regions such as Europe, America and Asia Pacific, with core backbone from Morgan Stanley, IBM, Paypal, Tencent and other global famous financial and technology companies; many core members have multinational working backgrounds, have worked deeply in the financial trading field on Wall Street, and have rich practical experience in blockchain asset trading.
In addition, the BitWell team has a number of cryptocurrency veterans, including a number of early Binance employees.
The CEO of BitWell is Jeff Young, one of the platform’s investors, founder of Block Vision Capital and former product manager of Binance. Before joining Binance, Jeff was the product leader of Tencent and has experience in products for billion users.
BitWell CEO Jeff Young Named to 2021 Forbes 30 Under 30 List:
The BitWell COO is the co-founder of the platform and former head of fiat exchange operations of Binance, Hsann. Hsann led the launch of several fiat exchanges under Binance: US, Singapore, Europe Jersey, etc.
Former Head of Operations of Binance Global Fiat Exchanges becomes COO of BitWell:
Tracy, a former member of Binance, is in charge of the growth and maintenance of Binance community.
Tracy, A Former Member Of Binance, Joins BitWell To Lead Branding:
Jason, a former early member of Binance, is responsible for BitWell commerce and channel. Jason has extensive experience in exchange channel operations and overseas user growth.
The head of BitWell’s customer service department and many of its key members are former Binance employees. The customer service department is online 7*24 hours, listening to users’ real voices and solving all their problems 24 hours a day, helping the platform and users grow together.
BitWell is committed to building a safe, standardized and perfect blockchain financial product that enables investors to better exercise their right to use The right to gain and exchange, and better balance risk and return. The purpose of the platform is to provide a safe and free trading channel for the majority of users, and we will not be both a referee and an athlete.
At present, BitWell has raised $30 million in funding from Ceyuan Digital Fund, Dragonfly Digital Capital, Longling Capital, Will Hunting Capital, NGC, SNZ, HashKey, Youbi Capital, Hash Global, LinkVC, Collinstar Capital, Zhongfu Investment, HongLian Capital and many other top VCs. This represents the recognition of BitWell’s team and business model, as well as the digital asset derivatives track, by top global capital.
For more information about BitWell’s financing, please refer to
BitWell is registered overseas, with team members located in several countries and regions. In terms of system, BitWell makes comprehensive use of multiple signatures, threshold signature (TSS) and other technologies, and the private keys are jointly held by multiple people without relying on a single person’s authorization, so there is no problem of freezing funds if one person loses contact. At the same time, BitWell has set up an investor protection fund since the beginning of its establishment, and the size of the fund has now reached billion. The team has independently developed a multi-layer cold wallet system, and the asset deposit addresses are all cold wallet addresses, and the fund collection and withdrawal are completed through offline signatures, so users are free to deposit and withdraw in BitWell, and the assets are safe and secure without worry.
So the above is a brief introduction about BitWell and our team. In the next few days, we will continue to introduce BitWell’s products, features, and plans. Once again, everyone is welcome to join the BitWell family.