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Chinese cryptocurrency exchange BTCC has announced the official relaunch of its trading platform, while also suggesting that it will eventually offer its own token. These points can then be converted into BTCC tokens, which can be traded for a variety of cryptocurrencies. All reward points are fully convertible to BTCC tokens upon release. Our reward point system will give you tangible benefits that you can use across the whole BTCC ecosystem.
Executives are also offering perks to customers who get in the game early. For example, new customers will be exempt from both registration and transaction fees during their first three months of trading. The country instilled bans on both bitcoin and cryptocurrency-related websites during the first half of the year, and the regulatory environment has made things relatively difficult for exchanges and cryptocurrency businesses. BTCC was ultimately forced to suspend its operations last September due to new measures adopted by Chinese legislators that restricted commercializing cryptocurrencies.
BTCC later attempted to reposition itself in Hong Kong but was forced to give up control of its mining pool, trading platform and Mobi wallet to a Hong Kong investment firm in January Chinese regulation began to ease up in late May, however, which is around the time when BTCC initially announced that it was planning to reenter the crypto space.
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The long-term investor would consider the cryptocurrency market to be in its infancy. Unregulated and with very little institutional appeal, the demand for low-cost, cross-border, immutable and programmable money is only just beginning. What major industry events can be expected in ?
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