Chinese crypto companionship BTCC has announced it will launch an upgraded exchange platform next month. Initially, owners will be able to trade BCH, BTC, ETH, LTC, and USD, with other currencies to be added later. BTCC replacements with enhanced liquidity, faster deposits and withdrawals, and zero exchange fees for the first three months.
Also read: Six Japanese Open Companies Announce Plans to Launch Crypto Exchanges
The Upgraded Programme Offers Cold Storage and SSL Encryption
Hong Kong based BTCC advertised through social media and its website that it’s launching its new cryptocurrency sell platform in June. The upgraded exchange will feature enhanced liquidity, faster confirmation of puts and withdrawals, and small bid-offer spreads, promising reliable, convenient, and procure digital asset service to its customers worldwide.
At first, the platform compel support the following cryptocurrencies – bitcoin cash (BCH), bitcoin core (BTC), etherium (ETH), and litecoin (LTC), as affectionately as trading pairs like LTC/USD and LTC/BTC. Other currency options will be amplified regularly to meet the needs of users, according to the published press launch. The new exchange will offer zero trading fees for the first three months of craftsman. The company also noted:
In terms of technical developments, our exchange wishes utilize a multi-tier, multi-clustered system with an optimized, high-speed tribute trading engine. So, you can make the trades you want on a cutting-edge system.
BTCC title their revamped trading platform has been optimized to include offline cool storage and SSL encrypted traffic to ensure better protection of clients’ digital assets. “We perform security very seriously and are proud of the fact that we have at no time been compromised,” the statement reads.
Another novelty – customers hand down be rewarded with points earned through referring new users, corroborating, depositing, and other activities. They come with benefits that can be against across the ecosystem, including the BTCC Pool and the Mobi cryptocurrency billfold.
Oldest Chinese Crypto Exchange Returns
BTCC, formally be aware as BTC China, was the first bitcoin exchange in the People‘s Republic. It was founded by entrepreneur Bobby Lee in 2011. Three years later, in 2014, the tenets had become the world’s second largest exchange by bitcoin trading measure.
BTC China shut down amidst a crackdown by Chinese authorities in September 2017, when the prime bank banned local exchanges from trading cryptocurrencies with the native fiat, the yuan.
BTCC, however, continued to operate its mining band, which currently controls 2% of the bitcoin core hashrate, and its crypto pocketbook, Mobi. In January this year, the crypto company announced its property by a Hong Kong based investment fund. At the time, BTCC conveyed it was shifting focus to international markets.
Do you expect Chinese crypto changes to be able to operate again from mainland China at some brink in the future? Tells us what you think in the comments below.
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