Life Clips Subsidiary Belfrics Lists Belrium On VinDAX Exchange

Rhea-AI Summary

Life Clips (OTC Pink: LCLP) announced Belfrics Belrium's launch on the VinDAX Exchange, expanding its reach in the Asian market. The VinDAX Exchange, operational since March 2019, supports over 1.5 million users globally (excluding the U.S. and Canada) and facilitates high-volume cryptocurrency trading with a notable 24-hour trading volume of $66.69 million. The listing is expected to enhance brand recognition, stimulate trading volume, and contribute to price stability for Belrium.

Positive

• Launch of Belfrics Belrium on VinDAX increases market presence in Asia.
• VinDAX's high trading volume can enhance interest and investment in Belrium.
• Potential for price stability and long-term growth due to increased trading.

Negative

• None.

Listing on VinDAX will expand the adoption of Belfrics Belrium in the Asian market

AVENTURA, Fla., Jan. 14, 2022 (GLOBE NEWSWIRE) -- Life Clips, Inc. (OTC Pink: LCLP) (the “Company”), announced today Belfrics Belrium has launched on the VinDAX Exchange, paired with USDT. The VinDAX Exchange is a cryptoasset exchange located in Vietnam that has been live and available to global users for cryptocurrency trading since March 2019. The exchange focuses on providing exchange services for digital cryptocurrency transactions with a high security level, excellent efficiency and well-optimized trading fees.

VinDAX serves more than 1.5 million users from most countries and regions, but it is not available from the U.S. and Canada. the VinDAX mobile crypto trading app is available on IOS (Apple) and Android, as well as Windows or MacOS devices. According to Nomics, volume on the VinDAX exchange over the last 24 hours is US $66.69 million. VinDAX has 180 markets, with the most popular markets (trading pairs) being BTC/USDT, GCZ/BTC, and XRP/USDT. More information about the VinDAX exchange can be found at https://vindax.com.

The listing on VinDAX will enhance the adoption of Belfrics Belrium in the Asian market, increasing brand recognition in the region. As previously mentioned, the exchange has a high daily trading volume that should help to bolster continued interest and investment in Belfrics Belrium. The increased volume of trades resulting from the listing is likely to further contribute to price floor stability and stable long-term growth.

Community data includes the following links:
https://twitter.com/VinDAXOfficial
https://www.facebook.com/VinDAXOfficial
https://www.reddit.com/r/vindax
https://t.me/VinDAX_Exchange
https://coinmarketcap.com/exchanges/vindax/
https://www.coingecko.com/en/exchanges/vindax

This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

About Us

Life Clips is the parent company of Belfrics Global and Cognitive Apps Software Solutions Inc. Belfrics Global is a Malaysian based blockchain provider and cryptocurrency exchange and platform that is licensed and regulated by Labuan Financial Services Authority (LFSA), Malaysia. With 10 operational offices in 8 countries, Belfrics’ multi-feature trading platform offers digital assets, cryptocurrencies, and crypto derivative contracts to its clients. Belfrics blockchain has been recognized by Gartner as being a top 10 blockchain in terms of real-world projects and has received a patent for its Belrium KYC verification System (BKVS) by the Nigerian patent authority. Cognitive Apps is disrupting the space of mental health with its speech-based, AI-powered mental health analytics platform that empowers businesses to measure, understand, and improve the mental well-being of their employees, patients, and customers. Aiki delivers CBT and IPT therapies using a chatbot which and includes the Yuru voice analysis solution that takes in other health data from Apple and Google HealthKit to make a more accurate analysis of one’s mental health. Aiki was developed to capitalize on the trend towards artificial intelligence platforms utilized by employers to raise awareness of employees’ mental health. Cognitive Apps’ Yuru is a 3-in-1 tool developed by a team of licensed psychotherapists that makes use of vocal biomarkers to screen for early signs of mental health conditions, such as stress and depression. Yuru is available on Apple‘s App Store.

For more information on Life Clips visit www.lifeclips.com
For more information on Belfrics Global visit www.belfricsgroup.com
For more information on Cognitive Apps Software Solutions visit https://cogapps.com

Forward-Looking Statement Disclaimer
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. Forward-looking statements are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements: (i) the initiation, timing, progress and results of the Company’s research, manufacturing and other development efforts; (ii) the Company’s ability to advance its products to successfully complete development and commercialization; (iii) the manufacturing, development, commercialization, and market acceptance of the Company’s products; (iv) the lack of sufficient funding to finance the product development and business operations; (v) competitive companies and technologies within the Company’s industry and introduction of competing products; (vi) the Company’s ability to establish and maintain corporate collaborations; (vii) loss of key management personnel; (viii) the scope of protection the Company is able to establish and maintain for intellectual property rights covering its products and its ability to operate its business without infringing the intellectual property rights of others; (ix) potential failure to comply with applicable health information privacy and security laws and other state and federal privacy and security laws; and (x) the difficulty of predicting actions of the government and its regulations. All forward-looking statements included in this press release are made only as of the date of this press release. The Company assumes no obligation to update any written or oral forward-looking statement unless required by law.

For Media and Investor Relations, please contact:

David L. Kugelman
(866) 692-6847 Toll Free - U.S. & Canada
(404) 281-8556 Mobile and WhatsApp
dk@atlcp.com
Skype: kugsusa
https://www.linkedin.com/in/davidkugelman/

FAQ

What is the significance of Life Clips' listing on VinDAX for LCLP investors?

The listing enhances Belfrics Belrium's adoption in Asia, potentially increasing brand recognition and driving trading volume, which may benefit LCLP investors.

When did Belfrics Belrium launch on the VinDAX Exchange?

Belfrics Belrium launched on the VinDAX Exchange on January 14, 2022.

What is the daily trading volume of the VinDAX Exchange?

The VinDAX Exchange has a reported daily trading volume of $66.69 million.

How does the VinDAX Exchange benefit LCLP?

VinDAX's extensive user base and trading efficiency can bolster investment interest in Belfrics Belrium, positively impacting LCLP's market performance.