Hong Kong-based firm BTCC announced that it will be launching a new and improved cryptocurrency exchange platform in June. The exchange will feature support for not only bitcoin (BTC), but also for ethereum (ETH), bitcoin cash (BCH), and litecoin (LTC) at initial launch.
Among some of the improvements promised by the company will be better liquidity—allowing for small bid-offer spreads, faster confirmation for deposits and withdrawals. Users will also enjoy no trading fees for the first three months of operation.
The launch will see the exchange’s initial crypto support of BTC, ETH, BCH, and LTC as well as their trading pairs. Other tokens will be added after the launch, according to user demand.
BTCC claims that this new exchange will offer a new ‘cutting –edge’ system:
“In terms of technical developments, our exchange will utilize a multi-tier, multi-clustered system with an optimized, high-speed memory trading engine.”
An offline, cold storage will be included as an added security measure to protect client assets. According to BTCC:
“We take security very seriously and are proud of the fact that we have never been compromised.”
BTCC was formerly BTC China. It was the world’s first ever cryptocurrency exchange, establishing operations in 2011. Due to the strict regulations in China, the exchange had shut down on September 30, 2017.