Japanese internet company and operator of the country's most popular instant messenger, Line Corporation, today launched a new cryptocurrency exchange platform - Bitbox. The crypto exchange, operated by Singapore-based subsidiary Line Tech Plus, will allow trading of 28 cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash, Litecoin. The platform will support 15 languages, including Korean, Chinese and English.
According to company representatives, the selected cryptocurrencies have undergone a thorough verification process, so the platform will be reliable and secure. According to them, the goal of the new platform was to provide a secure and convenient user experience in trading cryptocurrencies.
“Line Corporation has an excellent reputation when it comes to providing social services for our users. Now we are going to use this experience to create the BitBoxexchange," said Line CEO Takeshi Idezawa. "This exchange will be as secure and easy to use as possible."
According to the company, Line has developed special security procedures that will help protect the interests and assets of users. Also, for greater security, the exchanger uses multi-signature technology developed by BitGo.
The launch of the BitBox platform was announced at the Line 2018 conference in Tokyo It will be operated by subsidiary Line Tech Plus in June. The launch of the platform is part of a larger plan for the company's development. The goal of the organizers at the moment is to establish Line as a leader in the fintech field.
“BitBox is created to meet the growing demand for a variety of financial opportunities,” Idezawa said in June. “With this platform, Line users will have easy and completely secure access to their digital assets.”
According to Line’s statements, in addition to the cryptocurrency business, the company is interested in lending and insuring financial assets.
According to coinjournal.net
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