BitFront: LINE closes BitBox and opens a new crypto-exchange

LINE, the publisher of the famous messaging app of the same name, has announced that BitFront, his news cryptocurrency exchange platform based in the United States, had taken over on its Singaporean exchange BitBox.

The operation allows Line Corporation to extend its services and to offer the exchange of fiat money to crypto. Its platform BitBox was available worldwide except in the USA and Japan.

The Japanese giant thus plans to attack the American market, where major players such as Coinbase, Kraken and even Binance have already been competing with it recently.

Edited by LVC USA, the American branch of its subsidiary LVC Corporation, BitFront offers the possibility of trading dollars against Bitcoin, Ethereum, Bitcoin Cash, Tether (USDT) and of course cryptocurrency LINK of the group. The XRP de Ripple is absent. LINE announced that it would withdraw it at the start of the year.

This is a big step towards the mass adoption of the blockchain. As the most reliable global digital exchange office, we will continue to make the cryptocurrency more accessible to our users, ”said Youngsu Ko, director of LVC Corporation.

BitFront is therefore available worldwide, except in Japan, where LINE offers another dedicated and baptized crypto-trading service bitmax in order to comply with the local regulations in force.