BTCC, one of the longest-running and once part of the major three trading platforms in China, announced it’s relaunching its exchange business with a plan to issue its own tokens.
As part of the plan to revive its business, BTCC said it is introducing a point system by which users can be rewarded with points by signing up, completing ID verification and continuing trading.
The points, according to the company’s plan, can be fully converted into BTCC’s own tokens, which will be further tradable on its platform.
However, the company has not revealed a concrete timeline for its token issuing but only said it will be launched in the next “a couple of months.”
Currently, BTCC has diversified its business to three main areas – the exchange, the mining pool and the Mobi wallet.
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BTCC, one of the longest-running and once top-three trading platforms in China, has announced that it’s relaunching its exchange business with a plan to issue its own tokens. As part of the plan to revive its business, BTCC said it is introducing a system by which users can be rewarded with points by signing up,
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Bitcoin (BTC) nearly touched $98,000 overnight before settling around $96,000, up roughly 5.5% over recent sessions. The rally reignited a familiar question: is this the setup for a sustained move above $100,000, or another fragile push built on thin order books and positioning games? Glassnode's latest analysis reveals a nuanced picture, where mechanical positioning drove […]
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