March 22, 2023

MaskEX Launches Crypto-Backed Virtual Card, Hires Former AAX Executive as VP

Dubai-based crypto exchange, MaskEX, has announced the launch of its crypto-backed Virtual Card, allowing users to spend their crypto as fiat in over 176 countries with more than 50 million merchants worldwide. The new feature is available to all ID-verified MaskEX users.

In addition, MaskEX has hired Ben Caselin, former Head of Research and Strategy at Hong Kong-based crypto exchange AAX, as its Vice President. Mr. Caselin has played a significant role in driving the mainstream adoption of bitcoin and digital assets through the AAX platform, particularly in emerging markets. At MaskEX, he will oversee all global and localized marketing, communications, and business development initiatives.

MaskEX is a third-generation crypto exchange that has been rapidly expanding since its inception. The exchange offers a range of services, including spot trading, margin trading, and futures trading, and has a user-friendly interface that makes it easy for beginners to get started with crypto trading.

The launch of the crypto-backed Virtual Card is a significant step forward for MaskEX, as it allows users to spend their crypto in the real world, making it more accessible and practical for everyday use. The move is also in line with the growing trend of crypto adoption, as more and more people look for ways to use their digital assets in the real world.

With the addition of Mr. Caselin to its team, MaskEX is well-positioned to continue its rapid growth and expand its reach into new markets. The exchange has already established itself as a leading player in the crypto space, and with the launch of the Virtual Card, it is set to become even more relevant to the wider public.

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