BitKan to launch Bitcoin Cash OTC trading service

BitKan mobile wallet to launch Bitcoin Cash OTC trading service
30 August 2017   4162

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.

OKEx Ex-CEO to Intend to Raise $40M

Funds are needed for the new exchange called ACDX, which will offer  futures, options, revocable bear/bullish contracts and more
06 February 2020   559

Andy Cheung, who until recently was the operating director of the OKEx cryptocurrency exchange, will open a new derivative trading platform ACDX by the end of the first quarter, CoinDesk reports. The exchange will offer its clients futures, options, revocable bear / bullish contracts, debt contracts and fixed coupon notes.

One of our main goals for the exchange is to provide retail investors with ... structured products that are more commonly used by accredited crypto investors and wealth managers.

 

Andy Cheung

Former chief operating officer at OKEx

In the future, ACDX plans to reach a global level, but first of all it will gather a client base in Asia, using the connections of Cheung and partners in Hong Kong and China. In preparation for the launch, she intends to raise $ 40 million through the sale of tokens and shares in her business to crypto funds, private investment firms and family capital management companies in Europe and Asia. 

We have over $4 million so far and most of the money comes from our own funds. We are in talks with potential investors and likely to announce new investments in the next two months.

 

Andy Cheung

Former chief operating officer at OKEx

To date, ACDX has hired more than 25 employees, including eight developers who are preparing the trading platform for launch.