July 16, the popular Japanese messaging application Line, which has a user base of 200 million people, announced the official launch of its cryptocurrency exchange Bitbox in Singapore. The new platform supports 15 languages and available to users worldwide except for residents of Japan and the United States.
#BITBOX is here! #LINE s #cryptocurrency exchange began operations today, offering a user-friendly UI and convenient customer support, along with robust security, to users around the world!
Learn more about BITBOX here: https://t.co/TvDjen54xU#Crypto #Blockchain #FinTech pic.twitter.com/UUpbzplsiL
LINE Global (@LINE_Global) 16 Jul 2018
The main advantage of service — direct integration with Line messenger.
While trading on the platform is restricted to pairs with cryptocurrencies. At the moment the platform supports 28 digital currencies. Before I get into listing the tokens will undergo a rigorous selection from the special Committee Bitbox.
According to a press release, the first two million registered customers Bitbox will receive remuneration in the amount of $10, which can be used for transactions on the exchange. In addition, during the first month after the launch of the platform users will be able to trade all assets exchanges, with zero Commission. Further Bitbox will charge a Commission of 0.1%.
Exchange also integrates technology multipoles from the company in the field of bitcoin security BitGo.
“Together BitGo and Bitbox strive to provide the safest and most reliable user interface in the ecosystem of digital tokens”, — said the Executive Director of BitGo, Mike Belshe.
We will remind, in April the developers of Line have announced plans to create a blockchain that is designed to accelerate the development of decentralized applications on its platform.