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BTCC, a Chinese crypto exchange sets to relaunch its trading platform and also announces that they will ultimately offer its own token. As one of the biggest running exchanges, BTCC was first launched in 2011 under the name of the BTC China.
Recently this week, the company announced that they would launch a new program in which all the users will receive reward points upon the completion of the tasks. All the points then can be changed into BTCC tokens and can also be traded in a diversity of cryptocurrencies.
According to the company, they will also provide and refer users with other activities as well as the opportunities to earn more points. All the reward points are convertible to the company’s BTCC tokens after the release. The company’s reward system will also provide users the benefits to users across the entire BTCC ecosystem.
The crypto exchange is one of the country’s premier cryptocurrency exchanges. The BTCC platform also offers full support for the major assets which includes bitcoin (BTC), Litecoin (LTC), bitcoin cash (BCH) and Ethereum (ETH), all of which can be paired and traded with US dollars. For the customers who get in the game early, the executives of the platform also offer perks. For example, all the new customers will be exempted from the transaction fees and registration fees during the first three months of the transaction.
With regards to the outlook of China to cryptocurrency, it has not always been a positive one. The country still bans both crypto-related websites and bitcoin during the first half of 2018. With the ban still in remain, the regulatory environment has made things difficult for both the cryptocurrency businesses and exchanges.
It was then when the BTCC attempted to reposition their company in Hong Kong but later forced to give up the control of its trading platform, Mobile wallet and mining pool to a Hong Kong firm in January this year. The Chinese regulation started to ease later in May, but this was around the time when BTCC announced that their plan of reentering the crypto space.
Some of the company’s latest features are quicker deposit and withdrawal times, and their new crypto trading pairs. Representatives of the company also spoke about their latest safety measures. They highlighted that BTCC is backed by seven years of operational experience and has been improved to include both SSL-encrypted traffic and offline cold storage to protect their customer’s digital assets.
