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DGAP-News: CGift AG joins forces with crypto trading platform BitBlinx and software solution provider WhizGrid

DGAP-News: CGift AG / Key word(s): Alliance
CGift AG joins forces with crypto trading platform BitBlinx and software solution provider WhizGrid

08.01.2020 / 13:00
The issuer is solely responsible for the content of this announcement.


Corporate News (EN)

CGift joins forces with crypto trading platform BitBlinx and software solution provider WhizGrid.

Hamburg, January 08, 2020 - CGift AG (ISIN: DE000A2AAB74 / WKN: A2AAB7) has announced to join forces with the European regulated crypto trading platform BitBlinx OÜ (). The crypto trading platform is currently offering over 35 cryptocurrency pairs and will now make use of a CGift white label solution to add value to their users. This new product enables current and new BitBlinx traders to purchase, gift and redeem digital BitBlinx Coupons.

Bitblinx Coupons embody the easiest way to enter the blockchain and crypto world. Interested users can conveniently purchase a digital gift card, select the card value they wish and redeem it in just a few steps in their preferred cryptocurrency. The redemption of BitBlinx Coupons is linked to the users' accounts so that traders can send the gift card value directly to their BitBlinx trading account. These Coupons are redeemable in several cryptocurrencies such as Bitcoin and Ethereum, which means that users can choose their desired crypto!

Ramy Copty, Co-Founder and Board Member of BitBlinx, sees strong advantages in the partnership with CGift and states: "For us, Bitblinx Coupons are an ideal product that will add value to the trader, enabling our users to gift themselves or they beloved a preferred amount of crypto. The BitBlinx Coupons are easily redeemed, sending their new coins directly to their BitBlinx account. Owning cryptocurrencies has never been easier."

For CGift, the new cooperation outlines the original key strength of CGift gift cards, which is confirmed by Philip Moffat, Co-Founder of CGift, who adds: "Joining forces with a strong crypto trading platform such as BitBlinx, underlines that CGift can help platform providers in the crypto space to acquire users with only a few clicks. Since our product is so easy and comfortable to use, we expect further players from the industry to approach us soon."

BitBlinx' state of the art trading engine is provided by WhizGrid Limited (), a blockchain and trading software solution supplier. CGift's innovative gift card solution shall thus also be offered to other WhizGrid clients within the upcoming months.

____________________________

CGift AG:

CGift AG is a data-driven blockchain technology company focused on making digital currencies accesible to mainstream consumers globally. The company has launched a simple digital and physical gift card solution that enables consumers to purchase and share cryptocurrencies, like Bitcoin, instantly. Through partnerships in Europe, Asia and South America, CGift is making digital assets simple to buy and share across a range of formats and distribution channels.

BitBlinx:

BitBlinx OÜ operates a secure, reliable, fast, and easy to use crypto trading platform with access to an ever-growing list of Crypto pairs to trade. The platform's simplicity together with its powerful order functionalities, are treasured by beginner and experienced traders alike.

WhizGrid:

Founded in 2017, WhizGrid Limited is specialized in cryptocurrency and blockchain technologies. The company delivers a wide range of cutting-edge software, mobile and web applications on a white label licensing basis and provides IT development services.

____________________________

Contact Details:

 
  CGift AG
Schopenstehl 22
20095 Hamburg
Germany
  Gunnar Binder (Executive Director)
Tel.: 3
Email: io
Website:
Stock exchanges: Open market Hamburg


08.01.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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