SBI Holding’s crypto exchange VCTRADE to begin trading in March
Thu, 07 Feb 2019, 05:18 am UTC
Japanese financial services giant SBI Holdings has announced that its cryptocurrency exchange, VCTRADE, will be officially launched in March.
Once launched, the platform would allow users to buy and sell a number of digital currencies including Ripple (XRP), Bitcoin (BTC), Bitcoin Cash (BCH), and Ethereum (ETH). It has already enabled deposit and withdrawal services for BTC, ETH, and XRP.
“At the launch of full-scale services, expecting customer inflow from the SBI Group’s customer base of 23.47 million, specifically, SBI SECURITIES with approx. 4.26 million accounts, SBI Sumishin Net Bank with approx. 3.21 million accounts, and SBI Liquidity Market, including SBI FXTRADE, with approx. 1.05 million accounts, etc.
“Through mutual collaborations between business ecosystems, endeavor to realize a seamless trading environment between existing financial ecosystem companies.”
Last month, SBI Holdings signed a contract with enterprise blockchain software firm R3 to establish a joint venture company.
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