Singapore, November 26th, 2024 – Bitunix announced on November 26th that it has become an official partner with ETH Riyadh 2024 as a Platinum Sponsor. This collaboration positions the fastest-growing crypto derivatives exchange at the forefront of blockchain innovation in the Middle East.
ETH Riyadh 2024 has merged with Blockchain Middle East 2024 into a single flagship conference, dedicated to advancing the Web3 ecosystem in the Middle East region. The conference will be held in the capital of Saudi Arabia, Riyadh from December 1st to 3rd, 2024 and it is expected to be one of the largest Ethereum-focused events in the region.
As part of this partnership, Bitunix will host a series of workshops, panel discussions, and live demonstrations at the event, aiming to engage with developers, investors, and blockchain enthusiasts. Attendees can look forward to insights on the latest advancements in Ethereum derivatives and tools to navigate the growing cryptocurrency industry.
“We look forward to this event. It is a very good opportunity for us as an exchange to make our contribution to educating the masses about crypto and blockchain. But also to make collaborations and partnerships with other renowned companies in crypto”, said Bill Wang Chief Marketing Officer at Bitunix.
Some of the invited speakers at the event include prominent crypto figures such as Ethereum co-founder Vitalik Buterin, Chiliz CEO Alex Dreyfus, Zilliqa’s Head of Research Zoltan Fazekas, and Animoca Brands’ Executive Chairman Yat Siu, among others. Andrea Soto, Marketing Director of Bitunix, will also participate as a speaker in one of the panels talking about the adoption of Web3.
The Middle East has become a hub for blockchain firms and the crypto community. The crypto market has shown significant growth in the region ranking as the seventh-largest globally in 2024 as per Cryptopolitan. According to this report, Saudi Arabia and Qatar are leading the region’s growth, with crypto activity in Saudi Arabia rising by 154% year-over-year, driven by young demographics and rising institutional interest.
ETH Riyadh 2024 is officially supported by The Kingdom of Saudi Arabia providing official backing, funding, and partnerships with local universities to help build a strong Web3 community and promote blockchain education.
In October, Bitunix also participated in the Blockchain Life 2024 conference in Dubai and took the stage as a silver sponsor at Token2049 in Singapore earlier in September. Participation in such conferences is part of Bitunix’s mission to contribute to the education of the masses regarding crypto and to increase crypto adoption worldwide.
About Bitunix
Bitunix is a global cryptocurrency derivatives exchange founded in 2021, committed to offering simple, secure, transparent, and cost-effective trading services to its users. Bitunix specializes in both spot trading and perpetual futures, with over 250 trading pairs and leverage of up to 125x.
With features such as top-tier liquidity, 24/7 customer support, and a strong commitment to regulatory compliance, Bitunix remains at the forefront of providing a reliable trading experience for the global crypto community. Bitunix has attracted more than 1,000,000 users from over 100 countries, facilitating a daily trading volume exceeding $1 billion on its platform.