Oldest Bitcoin Exchange to Launch New Platform In June

BTCC Exchange, the world’s oldest Bitcoin exchange has announced an upgraded platform next June. At launch, the operator will support trading of a limited number of cryptocurrency pairs and offer zero trading fees for the first three months.

BTCC Exchange to Launch New And Enhanced Platform In June

The oldest Bitcoin exchange in the world is reforming its modus operandi by enlarging its cryptocurrency trading offering as well as by optimizing to include offline cold storage and SSL encrypted traffic to protect its customer’s digital assets.

BTCC Exchange has more than seven years of experience in bringing together buyers and sellers of Bitcoin (BTC). It is new enlarging the scope of its offering to Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), and their respective trading pairs. For the first three months starting in June, users will face no trading fees.

The launch of the new BTCC Exchange platform will introduce its users to enhanced liquidity, faster deposits and withdrawals, and small bid-offer spreads, according to the company. Technically, the exchange says it has invested in a cutting-edge system proper for trading at the highest standards. The operator is now using a multi-tier, multi-clustered system with an optimized, high-speed memory trading engine.

As cryptocurrency exchange hacks present one of the most difficult challenges for both sides, operators and customers, the oldest Bitcoin platform in the world reminded users that it has never been hacked in more than seven years online, but it is still optimizing security through cold storage and encryption systems.

“BTCC’s exchange is backed by seven years of operational experience and has been optimized to include offline cold storage and SSL encrypted traffic to protect your digital assets. We take security very seriously and are proud of the fact that we have never been compromised.”

Recent virtual currency exchange thefts include the CoinSecure hack in April 2018. Worth 438 Bitcoin (approximately $3.3 million), the company accused one employee for the inside jobs. In February, the BitGrail hack amounted to $195 million worth of NANO. The exchange failed to secure its coin storage. The most valuable hack in 2018 so far was on Coincheck exchange, who seems to have neglected security measures on NEM. The hack was worth over $500 million.

The operator is also promoting user referrals, verifications, and deposits, with its reward point system that provides benefits across the BTCC ecosystem, including both BTCC Pool and Mobi wallet.

BTCC Exchange offers Bitcoin and cryptocurrency exchange services, a digital currency wallet, physical bitcoins, and mining pools.

 

Image from Shutterstock

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Author: Ricardo Esteves


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