Mining pool ViaBTC launched a new cryptocurrency platform CoinEx with the underlying asset Bitcoin Cash
The Chinese mining pool ViaBTC initially operated as a cryptocurrency exchange of the same name. But, due to tightening regulatory requirements in the Chinese cryptocurrency market, the exchange’s managers were forced to reorganize it into a mining pool.
In December, ViaBTC registered a new exchange, CoinEx, in the UK, headquartered in Hong Kong, in accordance with all legal and regulatory standards. The company's management explains their choice of the underlying asset, towards Bitcoin Cash, by the higher transaction speed and low commissions inherent in this cryptocurrency.
The cryptocurrencies presented on the exchange are traded in pairs with Bitcoin Cash (BCH): BTC/BCH, ETH/BCH, LTC/BCH, ZEC/BCH, DASH/BCH.
According to pro-blockchain.com
You May Also Like
A new product of the Swiss exchange is gaining popularity among traders
Last week, the Swiss Six Exchange began trading on the Amun Crypto Basket ETP, an exchange-traded product that represents an investment in a portfolio of the five largest cryptocurrencies. It now has the highest trading volume of any product traded on this exchange.
DeFi Crosschain Network Aleph.im to Roll Out Pre-Listing Subscription on ProBit Exchange’s Exclusive
With the latest conclusion of its premium lasting platform for Bluzelle, ProBit Exchange is charging ahead with their 2nd of 4 ProBit Exclusive slots in November for Aleph.im starting November 11. The breakneck pace at which the exchange is launching their Exclusive platform is part of its ongoing commemorative 2nd birthday event with 50,000 USDT for eligible participants until November 30.
