BTC China is the former name for BTCC Bitcoin exchange and if all moves according to plan it might soon be unveiling a ‘new upgraded exchange.’ The move has been applauded by a number of market observers who believe it will cater for the exchange of cryptocurrencies at an international level.
It was in the company’s official statement that a number of crucial points were brought out. It is expected that this summer will turn out to be a transformational moment for the business guru since its dream of unveiling a cryptocurrency exchange would come true
An official working with the company disclosed that by June 2018 the new cryptocurrency exchange will already have gone live. It will be about offering support to the major cryptocurrencies including Bitcoin Cash, Ethereum, Litecoin and Bitcoin.
BTCC has also asserted that over a timeframe of about three months the platform won’t be charging trading fees. Asides from that, there also won’t be any registration fees charged as is always the case with a significant number of the other famous cryptocurrency exchanges.
It is also worth noting that after the first three months the fees charged will be relatively low and competitive as well. The security of both the funds and the platform will be a matter of great importance.
Measures being put in place
In a bid to ensure security of the highest level, BTCC has set up an SSL (Secured Sockets Layer) that will be entrusted with protecting both the security and privacy of each of the accounts.
The cold storage wallets will help a huge deal when it gets to keeping funds unavailable during those instances where they might be facing potential risks.
BTCC takes immense pride in the fact that it has over seven years of operational experience not forgetting the optimization that that has much to do with SSL encrypted traffic and offline cold storage. The commitment is to ensure that digital assets are properly protected.
It was way back in 2011 that BTCC was founded, making it one of the oldest bitcoin exchanges. BTCC is looking forward to leverage on the technological advancements sweeping across the globe to enhance its service delivery.