Bitwyre to Launch Indonesia’s First Crypto SuperApp Following PFAK License Approval by Bappebti

 

Bitwyre is proud to announce its approval as a Licensed Crypto Asset Physical Trader (PFAK) by Indonesian Commodity Futures Trading Regulatory Agency (Bappebti). This milestone solidifies Bitwyre’s position as a trailblazer in Indonesia’s crypto ecosystem, paving the way for its vision to become the nation’s premier crypto SuperApp and a hub for stablecoin and derivatives trading.

Bitwyre is on a mission to integrate a comprehensive suite of services into a single SuperApp, enabling  effortless onramp and offramp solutions, and easy coin swaps. Furthermore, Bitwyre is setting its sights on becoming Indonesia’s top stablecoin trading platform while actively developing cutting-edge derivatives trading capabilities.

Following a rigorous evaluation process as a Crypto Asset Physical Trader (PFAK), Bitwyre has successfully met all regulatory requirements outlined in Bappebti Regulation No. 13 of 2022. With the PFAK license, Bitwyre is now fully authorized to operate under Indonesia’s crypto asset trading framework, providing a secure, transparent, and innovative platform for investors and traders.

"The acquisition of the PFAK license underscores Bitwyre's commitment to building a trading platform that prioritizes security, transparency, and user trust. By adhering to applicable regulatory standards, Bitwyre aims to foster long-term trust within the community while actively contributing to shaping the future of Indonesia's crypto asset industry," said Jaricho Naftaly, Head of Government Relations at Bitwyre.

Bitwyre extends heartfelt gratitude to Bappebti for its support and guidance throughout the licensing process. The company also acknowledges the vital contributions of the Crypto Futures Exchange (CFX) and the Indonesian Coin Custodian (ICC), whose collaboration has been instrumental in achieving this significant milestone.

Head of the Indonesian Commodity Futures Trading Regulatory Agency, Bappebti, Tirta Karma Senjaya emphasised the importance of licensing in establishing a secure and sustainable crypto ecosystem, noting that only companies meeting stringent regulatory standards are granted approval. Tirta highlighted that this approach ensures investor protection and promotes the responsible growth of the industry.

Dendi Suhubdy, Bitwyre CEO

“Securing the PFAK license from Bappebti marks a pivotal milestone for Bitwyre. It accelerates our mission to launch Southeast Asia’s first Crypto SuperApp offering seamless mobile trading, and coin staking later this year,” said Dendi, CEO of Bitwyre. “In addition, we remain committed to supporting our institutional traders and investors, by offering robust OTC services and liquidity for stablecoin trading.”

The PFAK license marks a new chapter for Bitwyre as it strives to deliver secure and user-centric trading solutions. The company remains committed to working closely with regulatory authorities and industry partners to shape the future of Indonesia’s crypto economy. Its vision is to empower users with a SuperApp that meets all their crypto needs, from staking to advanced trading features.

This Press Release has also been published on VRITIMES

Get to Know About DuckChain: Roadmap 2025, Tokenomics, Event, Rewards,& Airdrop

Explore DuckChain: Your Guide to the 2025 Roadmap, Tokenomics, Events, Rewards, and Airdrops. Discover how this innovative blockchain platform simplifies DeFi with eco-friendly solutions, $DUCK token utility, seamless Web3 integration, and exciting community rewards. Join the revolution bridging Web2 and Web3!

DuckChain is an emerging cryptocurrency and blockchain platform designed to revolutionize decentralized finance (DeFi) while emphasizing accessibility and eco-friendly practices.

Since its inception, DuckChain has made strides to simplify blockchain adoption, provide robust utility, and create a user-centric ecosystem that bridges Web2 and Web3 technologies.

This article delves into the features, initiatives, and plans of DuckChain, showcasing why it stands out in the crypto world.

Mainnet Launch Event and Rewards

DuckChain launched its mainnet with a celebratory event, offering total rewards of US$1,000,000. Central to this event was the innovative Initial Star Offering (ISO) mechanism, which gave participants opportunities to win rewards like Eggs (used for airdrop eligibility), $TON, USDT, and partner tokens such as $NOT (Notcoin) and $DOGS.

The event featured a Spin to Win system, where participants could try their luck to earn various rewards. Eggs, one of the primary prizes, played a crucial role in the upcoming Token Generation Event (TGE) scheduled for January 2025.

To participate, users interacted via Telegram Stars, converting them into DuckChain Stars to engage in platform activities, including purchasing spins.

Tokenomics of $DUCK

At the core of DuckChain is $DUCK, the governance token that underpins the ecosystem. With a maximum supply of 10 billion tokens, $DUCK facilitates seamless governance, staking, and payments across DuckChain’s Web3 applications. Below is an overview of $DUCK tokenomics distribution:

1. Community & Ecosystem (77%):

- Airdrops (50%): Aimed at rewarding and engaging the community, these tokens target active users, DuckChain Miniapp participants, and members of the AI DAO Genesis.

- Ecosystem Growth (20%): Funding for grants, dApp development, and partnerships.

- Liquidity & Marketing (7%): Supporting platform liquidity (4%) and promotional initiatives (3%).

- Investors (10%): Tokens allocated to early supporters.

2. Team & Advisors (13%):

- Team (10%): Reserved for core contributors with a lock-up period to ensure commitment.

- Advisors (3%): Compensation for strategic guidance and support.

Utility of $DUCK

The $DUCK token serves multiple purposes, making it integral to the DuckChain ecosystem:

1. Governance: Empowering token holders to participate in decision-making processes through AI-enhanced decentralized governance.

2. Staking: Users can stake $DUCK to secure the network and earn rewards.

3. Transaction Fees: Acting as the primary currency for gas fees, $DUCK simplifies payments for users and developers.

4. Ecosystem Currency: Facilitates liquidity and participation in DuckChain’s dApps.

Key Features of DuckChain

DuckChain distinguishes itself with the following attributes:

1. Seamless and Scalable Blockchain Experience: Operating as a layer-2 solution on the TON blockchain, DuckChain utilizes Arbitrum Orbit technology to ensure fast, low-cost, and scalable transactions.

2. User-Centric Interoperability: Through EVM compatibility and unified gas payments, DuckChain simplifies asset management across chains via its Duck Wallet.

3. Web3 Accessibility: By tokenizing Telegram Stars, DuckChain enables seamless Web3 entry for Telegram users, fostering community-driven development through hackathons and developer-friendly tools.

DuckChain Airdrop: Your Guide to Participation

DuckChain’s Star Season Testnet offers participants a chance to earn rewards through $DUCK airdrops. Here’s how to get involved:

1. Join the Testnet: Register via DuckChain’s Telegram bot.

2. Connect a Wallet: Set up a DuckChain wallet to manage testnet assets.

3. Deposit Telegram Stars: Use Stars to engage in platform activities, earning eligibility points for the airdrop.

4. Mint Duck NFTs: Leverage Stars or $TON to mint NFTs, enhancing your rewards.

5. Complete Daily Tasks: Engage in check-ins, social media activities, and referrals to boost your eligibility.

Roadmap: DuckChain’s Vision for 2025

DuckChain’s roadmap highlights its commitment to innovation, user engagement, and ecosystem expansion. Key milestones include:

Q1 2025

1. Token Generation Event (TGE): Introducing the $DUCK token for decentralized governance.

2. Public Mainnet Launch: Scaling to support widespread adoption.

3. Chain Abstraction: Simplifying cross-chain transactions.

Q2 2025

1. Ecosystem Grant Program: Supporting innovative projects.

2. Enhanced Advertising Features: Upgrading promotional tools for developers.

3. Duck DAO Governance: Enabling decentralized decision-making.

Q3 2025

1. Global Developer Program: Training developers and encouraging dApp creation.

2. dApp Marketplace Launch: Establishing a hub for DuckChain applications.

3. AI-Powered Financial Tools: Optimizing DeFi processes with AI.

Q4 2025

1. Duck Hackathon Season II: Inspiring advanced blockchain solutions.

2. University Accelerator Program: Promoting blockchain education.

3. Web2 User Education: Bridging Web2 and Web3 through workshops and incentives.

Conclusion

DuckChain is more than a blockchain platform; it is a transformative initiative aiming to simplify blockchain adoption and empower users through innovative solutions. By integrating AI, scalable infrastructure, and user-friendly tools, DuckChain bridges the gap between Web2 and Web3.

For users, developers, and enterprises, DuckChain offers a unique opportunity to engage with cutting-edge technology, participate in decentralized governance, and explore real-world blockchain applications. With its robust roadmap and visionary leadership, DuckChain is poised to redefine the future of blockchain technology.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

This Press Release has also been published on VRITIMES 

Nusantara Global Network Announces Strategic Partnership with HF Markets to Empower HFM Crypto CFD Trading in Southeast Asia

 Nusantara Global Network, a leading business development and digital marketing agency, proudly announces a strategic collaboration with HF Markets (HFM), a globally recognized broker. This partnership is designed to empower traders across Southeast Asia by offering advanced tools and competitive conditions specifically for HFM crypto CFD trading.

Leveraging HF Markets’ comprehensive platform, Nusantara Global Network will provide traders access to state-of-the-art crypto trading solutions. With ultra-fast execution, leverage of up to 1:50 on selected cryptocurrencies, and the ability to trade 24/5, this partnership aims to expand trading opportunities and deliver premium services to crypto traders throughout the region.

Empowering Crypto Traders with Advanced Tools

As cryptocurrency trading continues to grow rapidly, Nusantara Global Network and HF Markets are dedicated to delivering a platform that ensures fast, efficient execution. HFM crypto traders will benefit from low spreads, negative balance protection, and the flexibility to capitalize on both rising and falling markets.

"This collaboration marks an exciting step forward for us to extend our offerings, especially in the ever-evolving world of crypto trading," said a representative from Nusantara Global Network. "With HF Markets' cutting-edge platform and proven expertise in financial markets, we are confident that we can provide a superior HFM crypto trading experience, helping traders gain a competitive edge."

Designed for traders at all levels, the partnership offers leverage of up to 1:50 on selected cryptocurrencies, empowering traders to maximize their potential while maintaining control over their trades.

A Seamless HFM Crypto Trading Experience

With HF Markets' platform, traders can engage in HFM crypto trading across various devices, including desktop, mobile, and web, ensuring they never miss a trading opportunity. This seamless experience, combined with fast execution and comprehensive trading tools, enables traders to make informed and timely decisions in the fast-paced world of cryptocurrencies.

A spokesperson from HF Markets shared, "We are excited to partner with Nusantara Global Network to bring our HFM crypto CFD trading platform to a wider audience in Southeast Asia. Our platform is built to offer maximum flexibility, competitive conditions, and the essential tools for success in dynamic crypto markets."

Leading the Crypto Trading Market in Southeast Asia

With rising demand for crypto trading in Southeast Asia, this partnership establishes both companies as market leaders, providing a world-class platform for HFM crypto CFD trading. Whether novice or experienced, traders will find innovative solutions that meet the evolving needs of the crypto market.

Please contact us for further information.

About HF Markets

HF Markets (HFM) is a global online broker offering traders access to a diverse range of asset classes, including Forex, commodities, and indices. Known for its user-friendly platform and exceptional customer support, HFM is committed to equipping traders with the tools and resources needed for success, particularly in crypto CFD trading.

About Nusantara Global Network

Nusantara Global Network, headquartered in Kuala Lumpur, Malaysia, is a leading provider of financial services specializing in offering innovative and customized trading solutions to traders throughout Asia. With a strong emphasis on market transparency, exceptional customer support, and advanced technology, Nusantara Global Network has established itself as a trusted partner for both individual and institutional traders.

 

This Press Release has also been published on VRITIMES

Nusantara Global Network Partners with Errante Broker to Empower Introducing Brokers (IB) and Master IBs (MIB)

Nusantara Global Network has announced a strategic collaboration with Errante Broker, a leading forex brokerage, aimed at offering exclusive benefits and support to Introducing Brokers (IB) and Master IBs (MIB). This partnership is designed to enhance IB success by providing attractive financial incentives, expert guidance, and essential tools for growth in the competitive forex trading space.

Under this partnership, Errante Broker unveils a new rewards program where IBs and MIBs can earn USD 25 for every 50 LOTs traded. This initiative is meant to incentivize performance and provide a stable income stream through monthly rewards. Additionally, Errante extends dedicated support and customized product solutions, helping IBs scale their businesses and enhance their sales capabilities.

“We are thrilled to partner with Errante Broker,” said a Nusantara Global Network representative. “Their rewards program offers a lucrative opportunity for IBs and MIBs to expand their client base while reaping continuous incentives. We believe this alliance will significantly strengthen the trading ecosystem in the region.”

Key Benefits of the Introducing Broker (IB) Program with Errante:

Attractive Cash Rewards: Earn USD 25 for every 50 LOTs traded, adding a steady revenue stream for IBs and MIBs as they grow their network.

Comprehensive Support: Errante provides full support, including for IBs without their own products, offering resources to help them build profitable ventures.

Tailored Trading Solutions: Errante offers a wide range of customizable products, allowing IBs to tailor their services to meet client needs.

An Errante Broker representative commented, “Our goal is to empower IBs and MIBs by providing performance-based rewards and ongoing support. With these resources, we’re confident that Introducing Brokers will achieve even greater success in the rapidly evolving forex market.”

Forex Market Trends and Growth Opportunities

This partnership between Nusantara Global Network and Errante Broker comes at a time when demand for brokers that offer financial incentives and robust support is on the rise. By providing performance-driven rewards and powerful tools, this collaboration seeks to help Introducing Brokers (IB) thrive and secure long-term success in the competitive forex landscape.

About Errante Broker

Errante Broker is a globally recognized forex brokerage offering extensive support to IBs and MIBs. With a diverse portfolio of trading products and services, Errante is committed to helping its partners succeed in the global forex market.

About Nusantara Global Network

Nusantara Global Network is a leading business solutions provider in Southeast Asia, focusing on innovation and strategic partnerships. The company offers advanced platforms designed to help businesses and individuals excel in the global marketplace.

 

This Press Release has also been published on VRITIMES