The mining company Ebang launches the crypto exchange Ebonex

Ebang is a company that supplies miners to digging consumers and businesses. Now they have also decided to launch their very own crypto exchange. Ebonex, as the stock exchange is called, has earlier in the year been in a beta phase where only invited users have been able to use the service. However, according to an announcement released yesterday, qualified investors will soon be able to register and trade on the crypto exchange Ebonex.

Dong Hu is the CEO and Chairman of the Board of Ebang and has made the following statement about the launch:

“In recent years, we have made a significant investment in recruiting talent in research and development as well as in product innovation and development. The launch of our crypto exchange business will not only expand the sources of revenue from our crypto business but also optimize the development of our blockchain industry. ”

Ebonex supports most cryptocurrencies, including the following currencies:

In its announcement, Ebang does not mention which countries whose residents will be able to use Ebonex. Ebang was listed on Nasdaq in June 2020 under the ticker EBON. As a result, the company became the second mining company to be launched on the American stock exchange after the Chinese mining company Canaan.

Source: Cointelegraph


Thomas Miles

Cryptocurrency is the most recently discovered currency which will be likely at the help of modernization across the next few decades. With a limited control from the government, the crypto market is independent of many features of a sound market as we know it. Thomas brings these stories to us by weaving them into articles of general importance to all those looking at the fluctuations in the market, or new entries. Thomas is also the founder of Bulletin Bits and is an excellent leader. His leadership is the kind that makes him the most knowledgeable and experienced on the team. His wonderful work ethic and attitude are worthy of imitation!

Leave a Reply

Your email address will not be published. Required fields are marked *