Blockchain Bitcoin Wallet Launches Its Own Cryptocurrency Exchange
Blockchain cryptocurrency storage service provider launches its own trading platform, writes CoinDesk.
The PIT custodian exchange will be able to connect to non-custodial Blockchain wallets for almost instant transfers. This Tuesday the company will open registration on the new platform, and within the next two weeks it will implement the possibility of exchanging up to 26 assets.
With about 40 million registered wallets, the developers expect them to provide a level of liquidity not available to their closest competitors..
During the launch phase of the exchange, Blockchain intends to prioritize a variety of available assets over margin trading and support for the Bitcoin scaling technology SegWit. However, both of these points were also included in the project roadmap..
The organizers claim that they have already selected the assets to be added during the second and third phases, but refuse to disclose their names.
As noted by CoinDesk, the American exchange Coinbase followed a similar path, providing services for storing cryptocurrencies before dealing with their exchange..
The company says it expects to drive user engagement with its fast platform performance and focus on improving overall service levels, including through customer support..
Blockchain looks to regulators to register new businesses where needed. In jurisdictions where the organization of the exchange of cryptocurrencies requires a license, the company will not provide its services yet.
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