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
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