BTCC, the oldest crypto exchange in China has announced the renewal of its trading platform. Good news for crypto traders, as no commission fees will be charged for the first three months of operating as stated on the exchange’s website.
Why it is important
- BTCC has added bitcoin (Bitcoin), ethereum (ETH/USD), Bitcoin Cash (Bitcoin.Cash) and Litecoin (LTC/USD) to its trading options. The cryptocurrencies are available for trading against BTC or USD. The platform also promises to regularly launch additional trading pairs to meet the needs of its users.
- Activation of a new reward system: awarding bonus points just for registration, account verification, a deposit of funds and trading activity. As such, with the successfully passed verification and the first deposit, users will receive three thousand points and for the first transaction up to five thousand. All of the rewarded points are convertible to BTCC tokens - owned by the platform and also available for trading.
The plan to relaunch an updated trading platform was announced in May, claiming that modernization would lead to an increased liquidity, simplifying the deposit and withdrawal of funds, as well as allowing trading contracts for price differences tied to the cryptocurrency.
Following the BTCC’s shut down in September 2017 due to the tightening of China's policy towards cryptocurrencies, the company said they would continue the development of its technologies. The team particularly concentrated on Mobi cryptocurrency wallet, which belongs to BTCC.
By Nadya Astam