BTCC Cryptocurrency Exchange Relaunches, No Fees & Native Token Plans
Do you remember BTC China? It used to be one of the Top 3 cryptocurrency exchanges in the world before and now the platform has been relaunched as BTCC. The cryptocurrency trading platform launch was today and there plans of the company to release its own token.
At the moment, BTCC offers live trading for Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH) and Litecoin (LTC). You can trade one crypto for each other or for USD. The new site of the company announces that users will be rewarded with points which will be later traded by the future native token of the company. The release date for this token remains a mystery for the time being.
BTCC points can be received in different ways. One of the main ways that a user can receive these points is by registering and verifying its identity on the company, as well as making its first deposit and trades. These are only for a promotional timespan, though. In the future, the points will be awarded for referrals and other similar activities.
BTCC Will Have Zero Fee Trading For Three Months
In another effort to get people to use the exchange, BTCC will let its users trade 100% without fees for three months starting from now. BTCC decided to do differently than other companies that are using similar points models that reward the users back with the cryptos they used to trade.
BTC China was founded in 2011 and it was one of the top exchanges in the market until the domestic ban on ICOs happened in China last year and the company decided to close. This year, the platform is back and looking to reinvent itself. BTC China was acquired by a company based in Hong Kong that decided to rebrand the company.
BTCC will have a BTCC Mining Pool and a mobile wallet software alongside with its exchange platform.