BTCC to Launch Upgraded Exchange Platform Next Month
BTCC, a Hong Kong crypto company, announced on social media that it is going to launch its new, upgraded exchange platform next month.
The upgraded platform will provide better liquidity, faster deposits & withdrawals, with no trading fees for the first 3 months. With the launch of the new exchange platform, users will be able to trade USD, BCH, BTC, ETH, and LTC, with some more cryptocurrencies to be added later. BTCC also noted:
In terms of technical developments, our exchange will utilize a multi-tier, multi-clustered system with an optimized, high-speed memory trading engine. So, you can make the trades you want on a cutting-edge system.
The company claims its new trading platform will also include an offline cold storage and SSL encryption to ensure better security for its users’ digital assets. The statement stated that the company takes the security of its clients’ assets very seriously, and is proud that it has never been compromised.
Another new feature – users will be rewarded with points for referring the platform to new users, verifying, trading, depositing, and some other activities. Moreover, these points can be used across the ecosystem, for example, on BTCC pool and the Mobi crypto wallet.
BTC China, now known as BTCC, was the first bitcoin trading platform in the country, founded by Bobby Lee in year2011. And, in 2014, BTC China had become the world’s second largest bitcoin trading platform by trading volume. However, it was shut down in 2017 by Chinese authorities, as the central bank of China had banned exchanges from trading cryptocurrency with the yuan.
In January this year, the company was acquired by an investment fund based in Hong Kong. Also, it said in a statement that it has shifted its focus to international trading markets. As the first bitcoin trading platform in China, BTC China had earned itself quite a name back in its days.