PropW Expands Presence in Thailand's Growing Crypto Market with WOW Summit Tour
November 19th, 2024 7:00 AM
By: Newsworthy Staff
PropW, a licensed proprietary crypto trading platform, strengthens its position in Thailand's thriving cryptocurrency market through a strategic tour and participation in the WOW Summit. The company's efforts align with Thailand's crypto-friendly regulations and aim to support new traders in an expanding market.

PropW, the first licensed proprietary trading platform focused on crypto trading, has recently concluded a high-profile tour in Thailand, marking a significant step in its expansion strategy within the Southeast Asian market. The tour, which included participation in the WOW Summit Bangkok as a gold sponsor, comes at a time when Thailand ranks 10th globally in crypto adoption and is implementing increasingly crypto-friendly regulations.
The company's presence in Thailand is particularly noteworthy given the country's evolving regulatory landscape. Recent developments, including a VAT exemption on digital asset trading announced by the Finance Ministry and SEC proposals allowing institutional-grade funds to invest in U.S.-based spot crypto ETFs, are expected to bring greater legitimacy and stability to Thailand's crypto market. These changes are likely to encourage large-scale institutional participation and set the stage for sustained market growth.
PropW's tour emphasized its commitment to making trading accessible to new users, a strategy that aligns well with the growing interest in cryptocurrencies in Thailand. During an exclusive side event, PropW's Global Affiliate Director, William, highlighted the company's philosophy of providing comprehensive support to traders, regardless of their experience level. This approach includes mentoring, guidance on best practices, and feedback on trading strategies.
The platform's focus on trader support and education has yielded impressive results, with PropW maintaining a 90% retention rate among its top-performing traders. This success is attributed to the company's long-term vision of building enduring relationships with traders and helping them scale their success over time. To achieve this, PropW offers in-house trading experts, live sessions, a professional trading skills evaluation system, and educational content designed for traders at all levels.
PropW's recent product innovations also reflect its commitment to improving the user experience. The platform has upgraded its affiliate system to enable real-time commission tracking and daily payouts, allowing affiliates to manage their activities more efficiently. This enhancement is part of PropW's broader strategy to collaborate with affiliates and key opinion leaders (KOls), ensuring new users have the necessary resources and support to start their trading journeys confidently.
The company's participation in the WOW Summit Bangkok, held during Thailand Blockchain Week, provided an opportunity for PropW to engage with prominent industry influencers and showcase its offerings to a wider audience. This engagement is crucial for PropW's growth strategy in the region, as it seeks to establish itself as a leading player in Thailand's burgeoning crypto market.
As Thailand continues to position itself as a crypto-friendly nation, PropW's expansion in the country could have significant implications for the local crypto trading landscape. By providing accessible trading options and comprehensive support to new and experienced traders alike, PropW is poised to play a role in driving crypto adoption and fostering a more sophisticated trading environment in Thailand.
The success of PropW's Thailand tour and its alignment with the country's regulatory developments suggest that the company is well-positioned to capitalize on the growing interest in cryptocurrencies in Southeast Asia. As the crypto market in Thailand continues to mature, PropW's presence and offerings could contribute to the broader ecosystem's development, potentially influencing how other companies approach trader support and education in emerging crypto markets.
Source Statement
This news article relied primarily on a press release disributed by BlockchainWire. You can read the source press release here,
