Hello Group to establish a new marketplace on BCH

Acquired in the beginning of the year Bitcoincash.io domain is planned to be a marketplace platform focused on BCH and is coming online on April 30
13 April 2018   850

A developer of a Cyprus-based fintech solutions Hello Group having acquired Bitcoincash.io domain is planning to reorganize it into a marketplace platform with the concentration on Bitcoin Cash for fiat and cryptocurrency pairs. The platform is expected to go live with an alpha release on April 30. Users will have access to live and historical data, real-time market trend alerts with no fee charges. In addition, a platform with a single-account access will be available where client can discuss topics on international cryptocurrency exchange with no intermediate and instant rules attached to the system.

Bitcoincash.io will offer a new decentralized solution for secure and efficient trading that leverages the best knowledge accumulated by traditional trading platforms for business blocks. The exchange will give users a competitive advantage in the exchange of two tickets Bitcoin and the platform is developed based on customer expectations in terms of innovation and accessibility.

 

Excerpt from the official message

Representative, Hello Group

At the moment Hello Group offers data feed for binary and forex brokers, and a cryptocurrency solution.

There is a massive interest in cryptocurrency in Cyprus which has quite a strong startup and tech community and there are lots of web development and web design agencies. There is a big community building, which is still at early stages but is heading towards the right direction.

 

Khaled Slim

Groups managing director, Hello Group

At the moment of publication, Bitcoin Cash market indicators are as follows

Average price: $755.61

Market cap: $12,898,870,827

Volume (24H): $445,228,000

Line to Launch Own Cryptoexchange

BitBox cryptocurrency exchange won't be available for US and Japanese citizens
28 June 2018   306

The developer of the Line instant messenger confirmed the information that it will launch a cryptocurrency exchange called BitBox next month. This is reported by TechCrunch.

In January, the company said that it plans to enter the cryptocurrency area with the launch of its own trading platform, but today it specified that BitBox will not be available to users from the US and Japan.

The new site will support 30 cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash and Litecoin, and charge a commission of 0.1% for transactions. Line reported that it was taking tokens during the “an extensive screening process” which saw an internal commitment asses what on the market represents “the most reliable and safest trading for users.”

BitBox will be available worldwide, except for the two countries mentioned above, in 15 languages. New platform won't support fiat.

Every month, 200 million people use the Line Messenger. The possibilities of the service are not limited to the transmission of messages. It also allows to listen to music, send payments, etc. Most Line users live in Japan, so excluding Japanese traders will significantly limit the potential impact of BitBox.