Bitcoin.com, a site that originally promoted Bitcoin Cash (BCH) and led to the confusion of many newcomers to the crypto market, has announced its plans to launch a cryptocurrency exchange capable of competing with other big players in the market like Binance or Coinbase. The premier trading platform was launched yesterday, informing customers about the possibility of signing in and accessing. Accordingly, the site claims that over 10,000 accounts have already been created with the exchange and that the platform is now ready to provide “a world-class trading experience”.
The cryptocurrency exchange will provide a fast and secure environment for people, with liquidity for the most popular digital assets of today. Furthermore, new accounts will receive a benefit for trading from negative 0.3% trading fees for the next three months. The negative 0.3% trading fees will work in the following manner:
- You’ll earn negative fees up to $1,000,000 of cumulative trades for the first three months.
- So, if your total cumulative trades are $1,000,000, the typical trading fees would be $2,000 and you’d earn $5,000 in rewards.
- You’ll receive these rewards at the end of the three months. To find out more, please read the full promotional details in the terms and conditions.
As detailed in the announcement, the platform was developed by traders for traders, with a user-friendly interface and design that will bring people together and optimize crypto trading altogether. According to Bitcoin.com’s CEO Stefan Rust:
When you want to trade cryptocurrency, you look for an exchange which is trustworthy and which also offers you a wide range of digital assets… Bitcoin.com has been in the crypto space since the beginning and our new exchange, which supports many different coins and soon SLP tokens, will complement our existing trusted products in making money work for everyone.
Bitcoin.com’s exchange will host a few trading pairs including cryptocurrencies like Litecoin (LTC), Ripple (XRP), Tron (TRX), ZCASH (ZEC), Stellar (XLM) and EOS. It will also include markets denominated in base currencies like Bitcoin Cash (BCH), Ethereum (ETH), Bitcoin Core (BTC), and Tether (USDT).
Furthermore, the exchange will also cater to professional traders by offering charts with technical indicators, optional time frames, and order books in real-time so that traders can visualize the market’s depth. Bitcoin.com also plans to integrate Simple Ledger Protocol (SLP) token support in the near future, meaning that customers will be able to swap some of the most popular and valuable SLP tokens in the exchange.