BTCC, the longest-running Chinese cryptocurrency exchange in the world recently announced on its website its plans to introduce an upgraded exchange platform in June 2018. The upgraded platform will support Bitcoin (BTC), Ethereum (ETC), Bitcoin Cash (BCH), Litecoin (LTC), and USD and several other cryptocurrencies. The platform will continue to add new pairs of cryptos to meet the growing demands of users.
Formerly known as BTC China, BTCC was the first Bitcoin exchange in Hong Kong and was founded in 2011 by entrepreneur Bobby Lee. Within three years, it became the second largest cryptocurrency exchange by trading volume in the world. The platform was shut down in September 2017 when the central bank in China banned cryptocurrency trading of local exchanges with the national fiat, the Yuan. However, BTCC’s mining pool continued its operations and in January 2018 acquired a Chinese investment fund in Hong Kong.
BTCC Exchange To Include Offline Cold Storage
The new exchange platform from the Hong Kong-based BTCC will be available at zero trading fees for the first three months. According to BTCC, ”BTCC’s exchange is backed by seven years of operational experience and has been optimized to include offline cold storage and SSL encrypted traffic to protect your digital assets. We take security very seriously and are proud of the fact that we have never been compromised.” The platform will increase liquidity, enable faster transactions of deposits and withdrawals, small-bid-offer spreads and most importantly reliable, secure and convenient digital asset service for its global customers.
The company in its website post says that the technological developments implemented on the exchange will make use of a multi-tier, multi-clustered system having an optimized, high-speed memory trading engine. It will make trading on the cutting-edge system possible.
BTCC Exchange To Take Security Seriously
According to BTCC, through their revamped trading platform the company has ensured that security is not compromised. More importantly, BTCC has decided to reward its customers by giving points to those who introduce new users for verifying, depositing or even carrying out other activities. The points can be used across its crypto ecosystem including Mobi Cryptocurrency wallet and BTCC pool.