It offers that it will have faster operations. It will have support for currencies such as Bitcoin, Ethereum, Bitcoin Cash and Litecoin at launch.
BTCC, based in Hong Kong, confirmed the upcoming launch of a new and improved "BTCC Exchange" planned for next month. In its announcement, the exchange underlined a better liquidity, allowing small spreads of supply and demand and faster deposits and confirmation withdrawals as the characteristics of the new updated trading platform are made available to users around the world.
At launch, the new platform will support Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC), as well as their trading pairs. The exchange will address the needs of its user base to add other cryptographic tokens to its trading platform, the exchange added. Users will also have zero marketing fees during the first three months after the launch of the new exchange.
By stating that it offers a new "vanguard" system to allow for faster and uninterrupted trade, BTCC ensured on its renewed platform that "in terms of technical development, our exchange will use a multi-level, multi-cluster system with an engine Optimized high-speed memory exchange. "
The new exchange will also be optimized to include "cold" storage, without connection, to better protect customers' digital assets, the firm said. By contrast, the storage of user funds in online "hot wallets" has resulted in some infamous cryptocurrency hacks, such as the recent theft of USD $ 530 million of NEM tokens from the Japanese currency Coincheck.
"We take security very seriously and we are proud that we have never been harmed," the exchange added.
BTCC, formerly BTC China, was the first exchange of cryptocurrencies in the world that took shape in 2011. An offensive by the Chinese authorities on the domestic cryptocurrency sector, following the ICO ban of last year, meant the closing of doors in China, September 30, 2017.
Counted among the exchanges known as the original "big three" of China, BTCC soon moved its base of operations to Hong Kong and London before obtaining a pardon after its acquisition by a Blockchain investment fund of Hong Kong in January 2018.
"[The] acquisition is an incredible milestone for BTCC that validates all our hard work in recent years," said Bobby Lee, founder and CEO at the time. "I am very excited about the resources this gives BTCC to move faster and aggressively grow our businesses in 2018 and beyond," he added, noting that the company would focus on offering services to the international market.
´