The company BTCC, the operator of one of the oldest cryptocurrency exchanges, has announced the resumption of the trading platform, as it was announced in late may.
The crypto currency exchange has launched on a new platform trading pairs BTC/USD, ETH/USD BCH/USD, LTC/USD, and in three cryptocurrency pairs — ETH/BTC, BCH/BTC, LTC/BTC. Further BTCC plans to add to the marketplace a greater number of key cryptocurrency, and open listing the token-based Protocol, ERC-20.
The first three months of trading on the platform will occur without any Commission.
The company BTCC announced the introduction of a reward system. In it users will be able to earn points in the trading process. They will also pay for the registration and validation of credentials. According to the plan, the company received points can be converted to a private tokens BTCC, which will continue to trade on the platform.
The date of issue of private tokens, the company did not name, noting that it will happen within a “couple of months”. In the BTCC is not defined and a model token. As admitted by the Vice-President of the firm in international business Aaron Choi (Aaron Choi), it is possible to use “TRANS-Commission mining”:
“This model attracts a lot of attention at the moment. But it is still a business risk, so our management is considering how it can work for long term. Thus the distribution of points per trade, which can be converted in the future into our token, is what we consider to be reasonable.”
Currently, the BTCC company conducts business in three main areas: cryptocurrency exchange, mining pool and crypto Mobi. In January of this year the BTCC was acquired by an unnamed Hong Kong investment Fund.
Last week, the company provisionally agreed to sell a 49 percent stake in its mining business BTCC Pool Limited financial company from Hong Kong.
Recall that BTCChina, one of the largest kryptomere China at that time, last September, was forced to stop work in the country. The reason was the ban on the cryptocurrency trade.
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