Chinese cryptocurrency company BTCC announced the launch of the updated platform next month. First, users will be able to trade BTC, BCH, ETH, LTC for USD and other currencies will be added later.
The BTCC returns with high liquidity, the possibility of more rapid entry and withdrawal, as well as a bonus in the form of a zero commissions for the next three months. The oldest Chinese exchange BTCC was forced to stop working in September last year after the Chinese government began to pursue a restrictive policy towards cryptocurrency industry.
A Hong Kong company BTCC announced through their social media accounts
and the website about the launch of the updated cryptocurrency trading platform in June of this year. In addition, the platform will offer small difference between the purchase price and the sale of the asset and promises reliable, comfortable and safe maintenance of digital assets for clients around the world. In addition, the exchange has completely updated their system.
The BTCC asserts that their updated trading platform has been optimized to add a standalone cold storage and SSL encryption to ensure better protection of digital assets of the customers.
«We are very serious about safety and proud of the fact that has never been subjected to hacking,» — said in a statement.
Another innovation is that customers will receive points for recruiting new users, verification, Deposit, and other operations. In addition, they can benefit from other bonuses from the company, including the pool BTCC and cryptocurrency wallet Mobi.
BTCC, officially known as BTC China, became the first bitcoin exchange in China. It was founded by entrepreneur Bobby Lee in 2011. Three years later, in 2014, the platform has become the second largest stock exchange in the world in terms of trading bitcoins. BTC China closed
as a result of the ban on the cryptocurrency trade imposed by the Chinese authorities in 2017. Then the Central Bank banned
local exchanges to trade cryptocurrency with the national currency — the yuan.
However, the BTCC has continued to operate its mining pool that currently controls 2% of BTC hash rate yet, and maintain a cryptocurrency wallet Mobi. In January of this year, the company announced that it is acquiring
investment Fund from Hong Kong. Then the BTCC has said it wants to focus on international markets.