BTCC introduced on Monday that it’s planning to relaunch its exchange business with a plan to issue its personal tokens. It is without doubt one of the longest- working and a part of three main trading platform in China.
The rehauled crypto exchange is now live, providing buying and selling for Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH) and Litecoin (LTC) towards the U.S. dollar, in addition to crypto-to-crypto pairings.
The brand new website advertises a points-based system for customers, who will earn factors that may later be redeemable for a brand new, native BTCC token, whose launch date stays unspecified.
For a restricted promotional timespan, BTCC points will be earned via finishing website registration and verification, in addition to making a first deposit and trade. They will then be awarded for user referrals, and different actions.
BTCC has additionally introduced a zero-fee trading regime that may final for the primary three months after relaunch. This distinguishes BTCC’s new factors system from that of rival crypto exchanges, a few of whom have not too long ago launched a brand new so-called “trans-fee mining” income mannequin, during which customers obtain 100 % of their buying and selling charges again in native change crypto tokens.
This year, BTCC has been focusing on two additional ventures alongside its trading platform – these being its worldwide BTCC Mining Pool and Mobi wallet software. In January, the corporate was acquired by a Hong Kong-based blockchain investment fund to facilitate its rebranding and additional enlargement.
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