BitKan to launch Bitcoin Cash OTC trading service

BitKan mobile wallet to launch Bitcoin Cash OTC trading service
30 August 2017   4137

BitKan, an app for Android and iOS which provides the latest price for bitcoins and the mining difficulty charts and data, has announced the launch of Bitcoin Cash OTC trade. Thus, the new OTC service allows Bitkan app users to trade Bitcoin Cash outside the online exchanges at competitive prices.

BitKan to launch Bitcoin Cash OTC trading service  
BitKan mobile app

Unlike the rest of the Chinese cryptocommunity, at BitKan, they believe that Bitcoin Cash is an official hard forked coin of Bitcoin that promises a great future.

BCC users are largely BTC users. And Okcoin and Huobi have opened BCC deposit and withdrawal services, which suggests that BCC could gain more momentum soon.
 

BitKan team

As reported, for the moment, users will be able to hold BCC tokens only as it won’t be available for trading on BitKan’s P2P exchange. Users will receive BCC equal to whatever BTC balance their BitKan accounts hold.

Bakkt to Release Consumer App This Year

The app can be used for a wide range of tasks, e.g., crypto and securities trading, virtual goods purchase, etc
23 January 2020   90

Institutional Investor Platform Bakkt will release an app for retail investors this year, with which users can pay with cryptocurrency.

According to the president of Bakkt Adam White at the World Economic Forum in Davos, the application can be used for a wide range of tasks. In addition to trading cryptocurrencies, it will support various virtual “goods” like points of loyalty programs.

In addition, in the future it is possible to add securities trading, as well as the creation of a portal for shops and merchants. That is, the application will be more like a traditional fintech product like PayPal than a solution from a cryptocurrency exchange.

Although the Bakkt platform was originally created for institutional investors, the new director of Mike Blandina is very serious about entering the retail market. Earlier, he said that the application for retail investors should be released in the first half of 2020.

I do not think we are there yet. What gives me optimism is that we are seeing a lot of developer interest. I am confident that someone is going to find something.

 

Adam White

President of Bakkt

 White added that the cryptocurrency market is still underdeveloped.