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"Pre-registration Rewards for Everyone" — Bitcoin.com Launches Its Own Exchange

  •  Denis Sinyavskiy
    📰 News

    Bitcoin.com announced cryptocurrency exchange launch on for September 2. There are pre-registration rewards and the opportunity to win more than $10,000.

 "Pre-registration Rewards for Everyone" — Bitcoin.com Launches Its Own Exchange
Cover image via 123rf.com

According to PRNewswire report, Bitcoin.com plans to launch an exchange for cryptocurrency trading on September 2. It’s promised that from the launch moment, more than 50 trading pairs will be available, and subsequently, the trading of SLP tokens will be added.

Not surprisingly, the base pairs will include Bitcoin Cash (BCH), Bitcoin Core (BTC), Ethereum (ETH) & Tether (USDT). Roger Ver, Executive Chairman of Bitcoin.com commented on the planned launch:

We're always working to make Bitcoin Cash and other digital assets more accessible to everyone. Back in June, we released Local.Bitcoin.com where you can buy and sell Bitcoin Cash specifically. Now, with The Bitcoin.com Exchange, you can diversify your cryptocurrency portfolio, too."

The platform promises a convenient interface, high liquidity and a powerful matching engine to support fast trading, which should ensure a comfortable exchange of dozens of cryptocurrency pairs. The global step for the exchange will be the addition of trade-in Simple Ledger Protocol (SLP) tokens, as Ver said the following:

We're on the cusp of something very exciting with SLP tokens. It's the beginning of a world where we can tokenize anything and, as people realize the potential this holds, they're going to start demanding a place to trade their tokens. That's why we'll be supporting SLP tokens on The Bitcoin.com Exchange."

Another nice bonus for potential exchange customers is a 25% discount on trading fees during the first three months, as well as the opportunity to win prizes worth more than $10,000. Such an opportunity is available to everyone who pre-registers on the platform and makes the first transaction within a week after its launch.

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About the author

Starting with a simple interest in cryptocurrency, over the past two years, Denis has worked in a cryptocurrency fund and become an author with an analytical bias. His engineering degree helps with the analysis of the technical part of the cryptocurrency market. As a fan of cryptocurrency, Denis believes that the blockchain technology is the future.

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Ex-Congressman Says Fed Should Not Play With Own Cryptocurrency

  •  Denis Sinyavskiy
    📰 News

    Former US Congressman Ron Paul shares his thoughts on the possible creation of Fed’s own cryptocurrency

Ex-Congressman Says Fed Should Not Play With Own Cryptocurrency
Cover image via www.123rf.com

Former US Congressman Ron Paul spoke on Fox Business and said that the Fed should not think about creating its own cryptocurrency.

Fed’s Crypto: To Be or Not To Be?

Rumors have been circulating for the past few months about the Fed possibly creating own cryptocurrency. It is expected that a digital coin would become a competitor to its counterparts on the market, and may even replace fiat money. President Patrick Harker, President of the Federal Reserve Bank of Philadelphia, commented on such rumors at a recent conference:

“It is inevitable. I think it is better for us to start getting our hands around it.”

However, there has not been no official follow-up by the Fed towards a crypto exchange. While proponents of this idea believe such innovation is necessary, it is expected that the exchange could stop the current delays involving US bank transfers.

What do the opponents think about the Fed's own cryptocurrency?

The idea of ​​creating the Fed's cryptocurrency has its opponents. This includes Ron Paul, who believes that the Fed is in a better position to stay away from digital coins and allow the private blockchain sector and payment platforms to resolve this discussion in real-time. What the Fed plans to do next is unclear, but the central bank may still enter the game.

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About the author

Starting with a simple interest in cryptocurrency, over the past two years, Denis has worked in a cryptocurrency fund and become an author with an analytical bias. His engineering degree helps with the analysis of the technical part of the cryptocurrency market. As a fan of cryptocurrency, Denis believes that the blockchain technology is the future.

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