The Asian Banker Sunday, 22 December 2024

LINE to launch cryptocurrency exchange BITBOX

5 min read

LINE Corporation announced at LINE Conference 2018 that it plans to establish the cryptocurrency exchange BITBOX this July 2018. BITBOX will offer more than 30 highly demanded cryptocurrencies for global users (except in Japan and the United States), with support in 15 languages.

BITBOX will trade highly demanded coins, including Bitcoin, Ethereum, Bitcoin Cash, and Litecoin, while offering low trading fees of 0.1%. The coins available have gone through an extensive screening process by BITBOX, selected by an internal committee to offer the most reliable and safest trading for users. In addition, LINE is bringing its long-established commitment to protecting user data, instituting its leading security measures to the cryptocurrency exchange.

“As a key part of LINE’s new financial services, BITBOX shows our commitment to fulfilling the growing demand for more diverse financial options,” said Idezawa Takeshi, CEO of LINE Corporation. “With BITBOX, LINE users will be able to access cryptocurrencies more easily, while also being assured of state-of-art security measures to protect their assets."

Re-disseminated by The Asian Banker

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