BTCC launches DAX cryptocurrency-only exchange worldwide

Chinese bitcoin giant BTCC launches global crypto-to-crypto exchange ‘DAX’ with Bitcoin/Ethereum Classic as its first trading pair
28 June 2017   1854
Blockchain

Distributed database that is used to maintain a continuously growing list of records, called blocks

The longest-running bitcoin exchange in the world, Chinese giant BTCC, introduces its first pure cryptocurrency exchange BTCC DAX, which allows customers to exchange their bitcoins for ethereum classic and other cryptocurrencies, and vice-versa.

BTCC webinterface

Ethereum

Is an open-source blockchain-based distributed computing platform featuring smart contract functionality, which facilitates online contractual agreements 

A Twitter-based poll conducted by CEO of BTCC Bobby Lee in May showed that ETC was the most desirable currency to start trading with. Thus, the new platform started accepting customer deposits on Monday (June 26th) and trading was set to go live on Tuesday at the same time. BTCC also plans to list new cryptocurrencies on DAX in coming weeks: the next currency to be listed on DAX will be ethereum (ETH), which is to be introduced during the week of July 3rd, 2017.

The new platform «has a simple and easy-to-use interface that ensures a straightforward trading experience for beginning and advanced traders», - BTCC reports, adding that “the exchange is also fully responsive”, meaning that it is available on all desktop and mobile browsers. Signing up for the exchange takes less than five minutes to complete. On top of that, BTCC provides DAX customers with support, which is available round-the-clock for customer inquiries, with guaranteed responses within 12 hours.

BTCC DAX also offers customers a secure trading experience, with customers’ funds held in cold-storage.

Binance to Spread Crypto Fiat Wings

The list of upcoming jurisdictions was found by the Block
18 January 2019   63

The Block has gained access to the list of jurisdictions in which the largest cryptocurrency exchange Binance intends to launch fiat trading platforms. The latter use technology Binance, but will be separate legal entities.

Alleged Binance New Operation Jurisdictions
Alleged Binance New Operation Jurisdictions

In 2019, the exchange allegedly intends to launch full-scale activities in Malta and in Singapore. At the same time, South Korea, Liechtenstein, Russia, Turkey and Argentina are in the plans.

Note that in October last year, such a platform appeared in Uganda, and just a few days ago - on the island of Jersey.