Cryptocurrency Exchange Is Restarted by China’s BTCC
BTCC, Hong Kong-based cryptocurrency company, has restarted its new cryptocurrency exchange platform.
The new exchange will maintain Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC), and trading pairs like LTC/USD and LTC/BTC.
BTCC has entered zero commercial fees for the first three months. The new exchange as well shows off of new awards point system, improved liquidity, faster deposits, and withdrawals as well as more rigid bid-offer spreads.
The reward points are entirely reversible to BTCC tokens and can be utilized through the all BTCC ecosystem.
BTCC, renewed as BTCChina when it was established in 2011, was one of China’s greatest Bitcoin trading platforms before BTCChina Exchange ceased trading for its China-based clients in September 2017 preceding a repressions on cryptocurrencies by Chinese regulators.
Nevertheless, the company’s trading on the BTCC international exchange and another services, involving its Mobile bitcoin wallet, USD/BTC exchange service, and BTCC mining Pool for miners, went on to operate.
Afterwards in January 2018, BTCC was obtained by Hong Kong blockchain investment fund.
The blooming cryptocurrency sector in China had come under elevated considiration from regulators due to potential fiscal risks after a boom in starting coin offerings or ICOs, and a surge in bitcoin and Ethereum costs.