While it cannot be denied that the cryptocurrency market in China has experienced some hits within the last few weeks, the country’s exchange platforms are not giving up hope. KuCoin has revealed that BOScoin is now listed as a tradable token on the exchange.
\r\nKuCoin is a Chinese exchange which provides services for foreign customers and traders. While running exchanges is not illegal in China, it can prove to be very difficult. However, KuCoin is seemingly unphased by the announcement of new regulations. Since its creation, the exchange has supported major digital currencies including Bitcoin, Ethereum and Litecoin as well as a handful of other minor digital currencies.
\r\nThese actions seem to confirm that the KuCoin exchange will not concentrate on fiat currency trading, which experts are described as a smart move as crypto-to-crypto exchanging is an area of high competition. It has also been confirmed that the exchange will be releasing its very own KCS token and a bonus plan, which will reallocate more than half of the platform’s trading fees to traders.
\r\nAs more exchanges seem to be developing their own digital currencies and tokens, experts have speculated that the world of cryptocurrencies could be able to enter a new era.
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