The oldest exchange in China 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.
The launch of a new BTCC platform will take place in June, the main advantages of new platform should be increased liquidity, faster processing of requests for input / output of funds and a reduced spread between the price of buying and selling.
After its launch, the updated BTCC will support trading pairs such as BCH / USD, LTC / BTC, BTC / USD, LTC / USD, ETH / BTC, BCH / BTC, ETH / USD 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, is not reported at the moment.
The BTCC company was bought by an unknown investment fund from Hong Kong earlier this year. Then company announced that the funding received would help to enter international markets.
After the closure of the main trading platform for cryptocurrencies, BTCC switched its business on mining crypto-currency, which in 2017 brought $ 900 million. The company also issued a BTCC Mobi cryptocurrency purse. Source: ttrcoin.com