BTCC launches new cryptocurrency exchange with ETC support

New exchange from the creators of the longest-running Bitcoin exchange
26 June 2017   3013

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

Recently, new cryptocurrency exchange was launched. BTCC DAX is created by the BTCC, developers by the longest-running Bitcoin exchange. Bitcoin/Ethereum Classic is a first trading pair. 

Company has choosen Bitcoin/Ethereum Classic as a first trading pair due to people's choice. BTCC's CEO Bobby Lee created a Twitter's survey in May and asked the community which currencies BTCC should list next. Survey was two weeks long and Ethereum Classic won.

But Ethereum Classic is just a beginning. Ethereum will be added in the first part of July 2017, other cryptocurrencies will be available in the nearest future.

According to Aaron Choi, BTCC's vice president of international business, DAX is a multi-device trading platform with high performance. Cryptocurrencies trading becomes quick and convenient with BTCC DAX. Cross-platform makes trading extra fast and fully-responsive. User can trade or monitor the market on the go. 24\7 customer with guaranteed responses within 12 hours is also included.

Customer deposits will be accepted since June 26th, 2017, at 6:00 PM (UTC+8; 6:00 AM EST); trading will go live on Tuesday, June 27th, 2017, at 6:00 PM (UTC+8; 6:00 AM EST).

Most Crypto-Optimists Live in Norway, Bitflyer Study

According to bitFlyer's poll on future of crypto, europeans believes cryptocurrency has future
24 April 2019   101

Most Europeans believe that in ten years digital currencies will continue to be in demand, but they do not have the same confidence about Bitcoin. This is reported by Cryptonews, citing a study of the bitFlyer.

10 thousand people from ten European countries took part in the online survey. Of these, 63% believe in a “bright future” cryptocurrency. However, not all Europeans are confident in the future of Bitcoin - only 55% believe that the first cryptocurrency will exist in ten years.

It is also noteworthy that, despite the fall in prices of most cryptocurrencies that lasted for almost a year, the majority of respondents positively assessed the prospects for the development of the market.

Most of the “crypto-optimists” turned out to live in Norway - 73% of the inhabitants of this Scandinavian country are convinced that a decade later, digital currencies will still be in society. This is followed by Italy (68%), the Netherlands and Poland close the top four (67% each).

The percentage of consumers who believe cryptocurrencies will still exist in 10 years’ time
The percentage of consumers who believe cryptocurrencies will still exist in 10 years’ time

But the exact form of cryptocurrency will exist, almost no one knows. Only 8% believe that they will become money, and 7% - a tool for investment or a means of preserving value.

The fact that Bitcoin is not generating as much support as other cryptocurrencies is in part a symptom of the market’s volatility, but is also a direct impact of the constant media attention that is associated to its volatility.

Andy Bryant

COO, bitFlyer Europe

He also added that the study demonstrated how much remains to be done to increase public awareness of the benefits and opportunities of cryptocurrencies.