The oldest crypto exchange BTCC announced the forthcoming launch of the updated trading platform. The exact date is not yet disclosed, but it is expected that this will happen in June 2018.
According to the BTCC Exchange, before the launch, the platform primarily focused on such key aspects as increased liquidity, faster confirmation of deposits and withdrawal of funds, as well as small spreads between bids for the purchase and sale of crypto currencies.
At the initial stage, traders will be able to trade with BTC, ETH, BCH, LTC and USD, but in the future, new pairs will be added regularly. In addition, in the first three months BTCC Exchange sets a zero commission for all pairs.
From a technical point of view, the exchange will use a multi-level and multi-cluster system with an optimized high-speed engine. Traders will also be offered cold storage of crypto currency.
Also, users will be given the opportunity to earn points, including through the referral system. These points can be used inside the BTCC ecosystem, including the mining pool and Mobi’s bitcoin-purse.
The BTCChina exchange was closed in September 2017 after repressive measures by the Chinese authorities, after a total of 2,305 days. BTCC, nevertheless, continued its activity, focusing primarily on the mining pool, which now owns about 2% of the total bitcoin hash, and the Mobi wallet.
In January, BTCC acquired an unnamed investment fund from Hong Kong. The funds received as a result of the transaction were aimed at expanding the international presence of the conglomerate after leaving the Chinese market.