BTCC to launch new exchange in June

BTCC to launch new exchange in June


The oldest exchange of China’s BTCC, which stopped trading on September 30 last year due to government bans, is again preparing to accept traders on its site. Information about this was published on the company’s website.

In June, the launch of a new platform BTCC, the main advantages of which should be increased liquidity, faster processing of requests for input / output of funds and a reduced spread between the price of buying and selling.

Since its launch, the updated BTCC will support such trading pairs as BTC / USD, ETH / USD, BCH / USD, LTC / USD, ETH / BTC, BCH / BTC, LTC / BTC, etc. In the future, the site promises to add support for new cryptocurrencies, which its users will be interested in. In the first 3 months, traders will be able to use the platform without paying commissions.

In addition, the exchange will use a multi-cluster and multi-level system with an optimized high-speed engine. Storage of user assets will be carried out on cold wallets.

Currently, BTCC has representative offices in Hong Kong and London. In what jurisdiction will be registered a new trading floor, not reported.

Recall that the company BTCC was bought by an unknown investment fund from Hong Kong earlier this year. Then she announced that the funding received would help her to enter international markets.

After the closure of the main trading platform for cryptocurrencies, BTCC switched to its business on cryptocurrency mining, which brought it $900 million in 2017. The company also issued a BTCC Mobi cryptocurrency wallet.

Leave a Comment

Your email address will not be published.

You may also like

Hot News