ViaBTC’s New Exchange Will Rely On Bitcoin Cash

Mining pool ViaBTC announced in a statement that it will open a new UK-based cryptocurrency exchange.

The base cryptocurrency of the newly opened exchange will leave the Bitcoin blockchain in the middle of this year It will be Bitcoin Cash. ViaBTC stated in its statements on December 4 that the exchange, which is registered as CoinEx according to public files, will trade Bitcoin, Litecoin, Ethereum and other cryptocurrencies. however, after the regulators closed the cryptocurrency exchanges in China, ViaBTC naturally had to close this exchange. ViaBTC has supported Bitcoin Cash almost from the very beginning, and its old exchanges were also more focused on Bitcoin Cash.

The company is now launching a new exchange in the UK, as signaled on social media in late November. .

ViaBTC’s chief operating officer, Sara Ouyang, said in a statement:

“The reason we chose Bitcoin Cash over Bitcoin is because Bitcoin Cash has better performance in terms of usability and is more It can process transactions much faster with lower transaction fees.”

According to Ouyang, future contracts and margin trading related to cryptocurrency derivatives will also be included.

Ouyang also He also said that the company has developed an “over-the-counter” trading platform to support the ecosystem.

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