BTCC announced the relaunch of its exchange platform with cryptocurrencies today. In addition, the company that has been recognized as the oldest in the sector and one of the three most important in China until last year, will also offer its own token in the future. The company faces in this way the obstacles posed by the Chinese authorities since September last year.
He ad Today's Monday indicates that the renewed platform offers support for bitcoin , litecoin, ether and bitcoin cash , which can be exchanged for dollars. It will also be possible to make exchanges between pairs of cryptocurrencies, with the expectation that the offer will be extended in the coming months according to the demand of the users of the platform. However, Aaron Choi, vice president of the BTCC exchange house, esteem that the offer of cryptocurrencies is limited to the top 10 of the crypto market.
The re-launch of the platform has been presented with a series of benefits to encourage use among its first customers. For example, the exemption of commission payments during the first 3 months. In addition, they will offer a type of reward for points that can be exchanged for a BTCC token that could be released in the coming months , although a concrete chronogram has not been established on this launch, due to the fact that the company still has to say the issue model of the tokens.
During the month of September 2017, BTCC had to suspend its operations due to the imposition of regulatory measures by the Chinese government, which intervened to the demands of the People's Bank of China, restricting the commercialization of cryptocurrencies in the country's exchange houses. The company restarted operations in Hong Kong and London, as well as Huobi and OKCoin, which also had to move their operations centers to other countries, but unlike these other exchange houses, they were unable to position themselves firmly in the market.
In January 2018, BTCC's operations were taken over by an investment fund of Hong Kong focused on technology and products related to blockchain, which since then took control of the mining pool , its Mobi portfolio and the company's platforms with the aim of positioning at an international level.
Last week Value Convergence Holdings Limited of Hong Kong signed an agreement for more than 18 million dollars with BTCC Pool Limited for the acquisition of a share package of 49% of its bitcoin mining pool .
Outstanding image by joyfotoliakid / stock.adobe.com
This user is on the @buildawhale blacklist for one or more of the following reasons: