Bitcoin.com’s cryptocurrency exchange goes live

Bitcoin.com, an online portal initially focused on covering cryptocurrency news, has launched its own cryptocurrency exchange.

Our #cryptocurrency exchange has launched and, to celebrate, you'll get paid to trade! ????

For three months, you’ll earn the value of trading fees paid plus 0.3% of your total cumulative trading volume.

Here's how it works: https://t.co/lMgNqoj51W#Bitcoincomexchange pic.twitter.com/LQImKJxuVV

— Bitcoin.com Official (@BitcoinCom) September 2, 2019

In its official announcement, Bitcoin.com said that exchange.Bitcoin.com is now live and ready for use by registered users. It said that more than 10,000 accounts signed up with the exchange since the pre-registration announcement was made last month.

“Bitcoin.com’s exchange will host a slew of trading pairs including popular cryptocurrencies like litecoin (LTC), ripple (XRP), tron (TRX), zcash (ZEC), stellar (XLM), and EOS. Exchange.Bitcoin.com will have markets denominated in base currencies like bitcoin cash (BCH), ethereum (ETH), bitcoin core (BTC), and tether (USDT),” the announcement reads.

Stefan Rust, who recently took on the role of Bitcoin.com’s CEO, said that the exchange will soon add support for Simple Ledger Protocol (SLP) tokens.

“This means you will be able to swap some of the most popular and valuable SLP tokens out there today,” the announcement reads.

As a promotional offer, Bitcoin.com said that “new accounts will get paid to trade by benefiting from negative 0.3% trading fees for the next three months.”

In addition, to help traders visualize the market’s depth, the exchange will furnish professional charts with technical indicators, optional timeframes, and order books in real-time.

Speaking to Decrypt, Danish Chaudhry, Managing Director of Bitcoin.com Exchange, said that Bitcoin.com is hoping to compete with the more established cryptocurrency exchanges such as Binance and Coinbase with its new platform, adding:

“Bitcoin.com is one of the most trusted brands in the industry.”

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