BTCC Takes Aim at Bitfinex With US Dollar Bitcoin Trading
“It’s both a liabilty and an opportunity.”
At least that’s how BTCC CEO Bobby Lee describes his Shanghai-based bitcoin exchange startup’s affiliation with its domestic market. Formerly known as BTC China, BTCC markets itself as the “world’s longest-running bitcoin exchange”, but it’s now taking steps to expand its customer base internationally.
BTCC announced today that it is launching a new service BTCC USD Exchange, one that boasts a new user-interface and that is operated by a separate legal entity. Run out of Hong Kong, the US dollar trading arm will complement BTCC’s Chinese yuan trading, and Lee said support for more currencies is likely to follow. It officially launches tomorrow.
Lee told CoinDesk:
This post was published at Coin Desk on Pete Rizzo/ November 1, 2016.