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Bitcoin.com Exchange Is Apparently In The Making

bitcoin.com exchange

The Bitcoin Cash focused website Bitcoin.com which is run by the “Bitcoin Jesus” Roger Ver, is apparently planning to launch its own cryptocurrency exchange next month. The Bitcoin.com exchange will simply be called Exchange.Bitcoin.com and will make use of the premium domain name.

Some details about it were spread in the latest cryptocurrency news, showing that the exchange will support 50 trading pairs. It will also offer Bitcoin Cash trading pairs as part of its mission to champion BCH over BTC. On top of that, the Bitcoin.com exchange will also offer trading against Tether, Ethereum and reluctantly, Bitcoin.

“While our company thinks the bitcoin cash network will be adopted by the masses worldwide, we also think it’s important to promote free markets and choice,” the company said in a statement.

The planned launch, as many best cryptocurrency news sites show, is set for September 2 where the Bitcoin.com exchange is described as offering a “robust matching engine, professional charts, and plenty of liquidity for a multitude of digital assets.”

What’s also new, as the latest news note, is the Simple Ledger Protocol (SLP) tokens which will also be included on the exchange. These are basically tokens built on top of the Bitcoin Cash blockchain (similar to the Omni Layer on Bitcoin) which are designed to provide more Ethereum-like functionalities. The popular tokens for the Bitcoin.com exchange will include Honk Honk and the Taylor Swift token.

According to Roger Ver’s recent announcement in the coming altcoin news:

“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.”

All of this comes shortly after Roger Ver was apparently moved out from the CEO position (as the website illustrates) and after Bitcoin.com introduced the Local.Bitcoin.com to the market – a platform which was critiqued as being misleadingly similar to Local Bitcoins both in terms of its purpose and name.

Let’s just hope that the Bitcoin.com exchange will be less controversial and will set the company on a solid path to success.

The post Bitcoin.com Exchange Is Apparently In The Making appeared first on DC Forecasts – Leading Digital Currencies.