Mining pool ViaBTC launches a new cryptocurrency exchange in the UK.
The base currency of the new Bitcoin exchange will be Cash, which appeared earlier this year, by the main fork of the Bitcoin network. CoinEx, which was registered on December 4 will be to offer trading for bitcoin, litecoin, and ethereum and other cryptocurrencies.
Have ViaBTC until recently had its own cryptocurrency exchange in China until the Chinese government forced all cryptocurrency exchanges to discontinue its operations. This mining pool has been also one of the first who supported the new cryptocurrency, Bitcoin Cash immediately after it is created.
Now the company is entering the U.K. market, announcing the launch of social networks in late November.
CoinEx is a Global Digital Coin Exchange. We are coming soon! Visit https://t.co/hF0cdLDJDd— CoinEx (@coinexcom) November 23, 2017
Operating officer ViaBTC Sarah Ouyang commented on the choice Cash of Bitcoin as base currency:
The reason we chose Bitcoin Cash is that it has a much higher speed of transaction, and the Commission and the performance, which means that it is much more convenient to use.
Future plans include support for margin trading and contracts for derivatives that are linked to the cryptocurrency.
The firm is also developing the OTC trading platform for “add-ons ecosystem.