The cryptocurrency exchange KuCoin has announced the launch of new Bitcoin cash trading pairs, starting on 17th Jan. The management of the exchange decided on the new approach due to certain requests from within their community.
To begin with, the Hong Kong based multi-digital currency exchange will offer traders the chance to access up to six trading pairs; DENT/BCH, ACT/BCH, DAT/BCH, KCS/BCH, XAS/BCH, and UTK/BCH. This access will be delivered through the addition of the Bitcoin Cash Market. KuCoin released a statement saying that they are the first cryptocurrency exchange to offer this kind of access to traders, and their traffic has tripled since the start of the year.
In the near future there are plans to launch other trading pairs, after Bitstamp Bitcoin exchange and CoinEx announced similar plans for trading pairs at the end of December 2017. As part of the launch announcement, a large promotion was offered to all traders on the platform, with more than $350,000 worth of tokens being given away, as well as five BTC giveaways.
KuCoin was launched in September of last year, and operates as a crypto-to-crypto exchange, where no fiat currencies are supported. It has an extensive digital asset portfolio, and with this latest news it is likely to be an exciting platform to keep an eye on.
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