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Tuesday, September 27, 2022

Life Clips Inc (OTCMKTS: LCLP) Major Reversal as Crypto Operator’s Belfrics Belrium Launches on the VinDAX Exchange

Life Clips Inc (OTCMKTS: LCLP) is making a powerful run up the charts after the Company announced 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.  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. The listing on VinDAX will enhance the adoption of Belfrics Belrium in the Asian market, increasing brand recognition in the region.  

LCLP made a big move entering the $2 trillion cryptocurrency market expected to reach $8 trillion dollars by 2030, by acquiring Belfrics Group. Belfrics currently has a presence in 8 countries where it has the capability to process over 1 million transactions per second. Belfrics is one among the few regulated exchanges across the globe, that provides regulated digital asset trading solutions. Belrium, the proprietary blockchain developed by Belfrics, acts the central focal point of the blockchain division. LCLP is under heavy accumulation and moving up quickly with momentum. The stock is emerging as among the most actively searched and talked about stocks in small caps trading over $1.9 million in dollar volume on Friday alone. LCLP is looking to blaze a path along the likes of Enzolytics or Tesoro and break out into a whole new dimension – Tesoro went to multi dollars. Currently on a collision course with $0. 0.0738 LCLP is stretching its legs for a blue-sky breakout!  

Life Clips Inc (OTCMKTS: LCLP) 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. LCLP is led by Robert Grinberg, an executive with more than 30 years of experience in the financial services industry. In 1997, Mr. Grinberg opened his own independent broker dealer, Program Trading Corp. Later he sold the Company to further the evolution of his business model by becoming a private investor and placing millions of dollars to work in various industries, ranging from oil and gas, healthcare, logistics, biotechnology, digital therapeutics to cannabis 

LCLP took off on July 14, 2020 after the Company announced it has agreed to acquire Belfrics Group. Microcapdaily was first on the scene reporting on LCLP back in July 2020 stating at the time: “LCLP is making a powerful move up the charts on record volume after the Company announced it has agreed to acquire Belfrics Group a global blockchain technology firm that runs cryptocurrency exchanges on its proprietary platform. LCLP made a big move entering the $2 trillion cryptocurrency market expected to reach $8 trillion dollars by 2030, by acquiring Belfrics Group. Belfrics currently has a presence in Malaysia, Singapore, India, Kenya, Tanzania, Nigeria, and Bahrain; and it has the capability to process over 1 million transactions per second. Belfrics Group specializes in blockchain technology and digital asset exchange solutions. Belfrics runs two distinct business verticals: Digital asset exchange and blockchain division. Belfrics is one among the few regulated exchanges across the globe, that provides regulated digital asset trading solutions. Belrium, the proprietary blockchain developed by Belfrics, acts the central focal point of the blockchain division. Belrium, which is a hybrid private-public blockchain solution, focusses on identity management on blockchain for decentralized transactions.  

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Belfrics Exchange has plans for rapid expansion. In addition to offering Leveraged Forex Instruments and Crypto Derivative Contracts, it plans to relaunch its cryptocurrency exchange in India in October and open 22 centers in various parts of the country. Belfrics Exchange is a digital asset trading platform that uses a mandated KYC component to identify and verify its users. Belfrics’ proprietary Belrium KYC Verification System is used for KYC identification and verification process for the Belfrics Exchange. Belfrics Exchange currently generates more than $10 million in daily volume by offering 15 crypto pairs to more than 35,000 customers in 12 countries. Belfrics Exchange expects to gain significant market share in the Crypto Derivative market, since there are very few competitors offering the product in the region. In addition to retail interest in Leveraged Forex Instruments and Crypto Derivative Contracts, Belfrics Exchange expects to benefit from pockets of high-volume institutional flows as a result of deep relationships with commodity brokers in many regions.  

In a September 29, 2021 press release, Belfrics International Limited (Labuan) Malaysia, which holds a money broker license from Labuan Financial Services Authority, announced it would go live offering Leveraged Forex Instruments and Crypto Derivative Contracts to its customers on Saturday, October 2, 2021. Since that time, BelfricsFX has rolled out its offering of Leveraged Forex Instruments and Crypto Derivative Contracts to its customers in Malaysia, Singapore, India, Kenya, Tanzania, Nigeria, Bahrain and UAE. BelfricsFX is a digital asset trading platform that uses a mandated KYC component to identify and verify its users. BelfricsFX’s proprietary Belrium KYC Verification System is used for KYC identification and verification process for BelfricsFX. Life Clips expects to update investors on Leveraged Forex Instruments and Crypto Derivative Contract volume in the coming week. 

On January 14 LCLP announced 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. 

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LCLP is making a powerful run up the charts after the Company announced 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.  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. The listing on VinDAX will enhance the adoption of Belfrics Belrium in the Asian market, increasing brand recognition in the region.  LCLP made a big move entering the $2 trillion cryptocurrency market expected to reach $8 trillion dollars by 2030, by acquiring Belfrics Group. Belfrics currently has a presence in 8 countries where it has the capability to process over 1 million transactions per second. Belfrics is one among the few regulated exchanges across the globe, that provides regulated digital asset trading solutions. Belrium, the proprietary blockchain developed by Belfrics, acts the central focal point of the blockchain division. LCLP is under heavy accumulation and moving up quickly with momentum. The stock is emerging as among the most actively searched and talked about stocks in small caps trading over $1.9 million in dollar volume on Friday alone. LCLP is looking to blaze a path along the likes of Enzolytics or Tesoro and break out into a whole new dimension – Tesoro went to multi dollars. Currently on a collision course with $0. 0.0738 LCLP is stretching its legs for a blue-sky breakout! We wil be updating on LCLP so make sure you Subscribe to Microcapdaily so you know what’s going on with LCLP.

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Disclosure: we hold no position in LCLP either long or short and we have not been compensated for this article.

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