Bitcoin.com to launch cryptocurrency exchange in September

Bitcoin.com is gearing up to launch a new cryptocurrency exchange next month which will complement its existing bitcoin-focused products and services.

In its press release, Bitcoin.com said that The Bitcoin.com Exchange, to be launched on September 02, will offer a user-friendly platform with a clean and simple interface to promote easy navigation, along with high-liquidity and a powerful matching engine to support fast trading.

Commenting on the upcoming launch, Bitcoin.com Executive Chairman Roger Ver said:

"We're always working to make Bitcoin Cash and other digital assets more accessible to everyone. Back in June, we released Local.Bitcoin.com where you can buy and sell Bitcoin Cash specifically. Now, with The Bitcoin.com Exchange, you can diversify your cryptocurrency portfolio, too."

The exchange will allow traders to trade against some of the most popular base currencies including Bitcoin Cash (BCH), Bitcoin Core (BTC), Ethereum (ETH), and Tether (USDT).

Bitcoin.com also said that the new exchange will soon support a new trading option: Simple Ledger Protocol (SLP) tokens, which exist on the back of the Bitcoin Cash blockchain itself. These tokens can be created by anyone and will soon be tradable directly on The Bitcoin.com Exchange.

"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. That's why we'll be supporting SLP tokens on The Bitcoin.com Exchange,” Ver added.

Users who pre-register for The Bitcoin.com Exchange can win rewards, including 25% discounted trading fees for the first three months. They can also win prizes worth over $10,000 through a prize draw, but for that users need to pre-register and make a trade within the first week of the exchange launching.

Just recently, bitcoin wallet provider Blockchain also announced plans to its first cryptocurrency exchange platform, called 'The PIT.'