BTCC, the operator of one of the oldest crypto-exchange exchanges, announced the resumption of the trading platform, as it was announced at the end of May.
Crypto-exchange has launched trading on the new platform in pairs BTC / USD, ETH / USD, BCH / USD, LTC / USD, and also in three currency pairs - ETH / BTC, BCH / BTC, LTC / BTC. In the future BTCC plans to add to the trading floor more basic crypto currency, and also open a list of tokens based on the ERC-20 protocol.
The first three months of trading on the platform will occur without charging a commission
BTCC announced the introduction of a reward system. In it, users will be able to earn points in the process of trading. They will also be credited for the registration and completion of the identity verification. According to the company's plan, the points received can be converted into BTCC's own tokens, which will later be traded on the platform.
The company did not name the release date of its own tokens, noting that this will happen within a "couple of months". In BTCC have not yet decided on the model of releasing tokens. As vice-president of the international business firm Aaron Choi admitted, it is possible to use "trans-commission mining":
"This model attracts much attention at the moment. But it still has business risk, so our management is considering how it can work for a long time. Thus, the distribution of points for trade, which can be converted in the future into our token, is what we consider reasonable. "
Currently, BTCC conducts business in three main areas: the Crypt exchange, the mining pool and the Mobi crypto. In January of this year, BTCC was acquired by an unnamed Hong Kong investment fund.
Last week, the company preliminarily agreed to sell a 49 percent stake in its mining business to BTCC Pool Limited, a financial company from Hong Kong.
Recall that BTCChina, one of the largest crypto-bureau of China at that time, in September of the past was forced to stop working in the country. The reason was the government's ban on crypto-currency trading.