Categories: News

Bitcoin.com announces the launch of its own cryptocurrency exchange

Bitcoin.com has announced the launch of its own cryptocurrency exchange, which will support “various trading pairs and such popular cryptocurrencies as LTC, XRP, TRX, ZEC, XLM and EOS”.

According to the statement, “Exchange.Bitcoin.com will support markets denominated in basic cryptocurrencies such as BCH, ETH, BTC and USDT.” Bitish.com Managing Director Danish Chaudhry said the platform “intends to compete with larger and more established exchanges such as Coinbase and Binance.”

Bitcoin.com offers various bonuses to attract new users to its exchange. For example, it is reported that “new accounts will benefit from negative trading fees of 0.3% over the next three months.”

Meanwhile, in addition to the emergence of new platforms, the industry continues the series of closures of cryptocurrency exchanges. This week Thai cryptocurrency exchange Bitcoin Co. Ltd. announced the imminent closure, and in July the Polish cryptocurrency exchange Bitmarket closed due to a “loss of liquidity.”

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