Roger Ver, the owner of Bitcoin.com, is planning to launch his own cryptocurrency exchange reports Bloomberg. All the coins/tokens exchange will be pegged to Bitcoin Cash (BCH) and would boost Bitcoin.com’s traffic which has seen a 50% reduction in traffic.
According to Roger Ver, the company is considering whether to build the exchange in-house or use an already “battle-tested” exchange.
“If we build it ourselves, we can do it really, really cheap, and we get exactly what we want, but we don’t have the security of a battle-tested exchange that’s been around for a while.” says Roger Ver in a interview in Malta.
Roger Ver also mentioned that the idea of an exchange is in very early stages. If they plan to go in this direction, the exchange will become part of Bitcoin.com which already has a mining pool and cryptocurrency wallet.
CoinEx is currently the only major exchange which pegs cryptocurrency to BCH. The exchange has 27 coins and tokens pegged to BCH and has a daily trading volume of $78 million (source: Coinmarketcap).
Bitcoin Cash is the 4th largest cryptocurrency by market cap. It is currently trading at $516 and has a market capitalization of $8.977 Billion.
Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity
Did you like the news you just read? Please leave a feedback to help us serve you better
Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.
Why the Might Ditch the Over Gaps The world of crypto is buzzing with talk…
Betrayal in the System: Leaks Data to Crime Rings A shocking case has rocked France's…
Revealed: Survival Secrets of Without Real Profits Picture this: a company pours millions into ads,…
Top Cryptos to Watch in 2026: and 7 Must-See Coins Crypto markets shift fast. One…
Exposed: How Survive Without Real Profits Imagine building a business that spends millions on marketing…
Blockchain technology is changing the world of finance, and smart investors are turning to blockchain…