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Bitcoin trading services provider, Bitkan, has announced the launch of over the counter (OTC) bitcoin cash trading. OTC trading allows users to trade bitcoin cash outside of the order books of exchanges, allowing high volume traders to access competitive pricing.
Also Read:Â Bitkan Announces the 2017 BTC & Blockchain International Summit
Bitkan Has Launched OTC Bitcoin Cash Trading on Its Mobile App
Bitkan has announced the launch of OTC bitcoin cash trading, which is available to users via the Bitkanâs mobile app. Bitkan launched the OTC bitcoin trading feature on its mobile app last year, following significant investment from Chinese mining hardware company, Bitmain.
Bitkan issued a statement articulating the companyâs view that bitcoin cash trading comprises an extension of the bitcoin markets, and the company wishes to stay competitive with other major players within Chinaâs cryptocurrency trading industry. âBCC users are largely BTC users. And Okcoin and Huobi have opened BCC deposit and withdrawal services, which suggests that BCC could gain more momentum soon.â
âThe Cryptocurrency Market Is Very Active This Yearâ
Alongside the introduction of OTC bitcoin cash trading, Bitkan also launched ethereum support for their mobile app this week. Bitkam representative Sandy Liang has told media that Bitkan believes OTC cryptocurrency has significant growth potential in China, stating that the company âthinks the cryptocurrency market is very active this year, usersâ demand is growing too. We see the OTC market should be pluralisticâ.
Bitkan was founded in China in 2013, and has sought to become a market leader in Chinaâs mobile bitcoin services industry. Bitkan will host a major cryptocurrency and blockchain event in Beijing next month, called the âShape the Futureâ 2017 Blockchain Global Summit.
The event will host the screening of Bitkanâs documentary premiere, which news.Bitcoin.com has covered here. The event will be in attendance by many Chinese and international cryptocurrency industry leaders, including Bitmainâs Jihan Wu, Huobiâs Leon Li, OKCoinâs Star Xu, CHBTCâs Dawei Li, ViaBTCâs Haipo Yang, MGT Capital Investments CEO John McAfee, and Bitcoin.com CEO Roger Ver.
Do you believe that there is sufficient demand for OTC bitcoin cash trading from Chinaâs markets? Share you thoughts in the comments section below!
Images courtesy of Shutterstock and Bitkan
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The post Bitkan Launch OTC Bitcoin Cash Trading via Mobile App appeared first on Bitcoin News.
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