Bithumb Global announces Global Cryptocurrency Exchange launch
- The service will be launched in 15 countries, including the UK, Canada, Australia, and Japan.
- Customers will be reward with $90 worth BUSD for completing KYC processes.
South Korea based fintech company Bithumb has launched a global cryptocurrency exchange platform with multiple fiat currencies. The service will be launched in 15 countries, including the UK, Canada, Australia, and Japan. Bithumb Global which oversees the decentralized crypto trading platform Bithumb DEX and the over-the-counter (OTC) desk, will be operating the service.
Users will now easily trade perpetual futures contracts with test money in the Open Beta version. Bithumb insists that the platform will reduce the risk for users while helping them gain trading experience and awareness of the futures platform. Moreover, the instruments on the exchange come with a leverage level of 1:100.
A representative of the exchange said:
“We are expanding into U.K., Canada, Australia, Japan, Hong Kong, and 10 additional jurisdictions. Our service will include cryptocurrency exchanges, security token offerings, blockchain based project incubation, and ultimately culminating into a technology-driven techfin, financial service institution.”
As a further bonus, the platform, as a promotional offer, will reward the customers with $90 worth BUSD for completing KYC processes.
Author
Rajarshi Mitra
Independent Analyst
Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.
