[2017-05-31] Mining Pool Viabtc Launches New Cryptocurrency Trading Platform

[TwoTimes]

This week the Chinese company and mining pool, Viabtc has announced the launch of a new cryptocurrency trading platform called Viabtc.cn. The announcement follows the startup’s recent series A funding back in March which is now being used to expand domestic cryptocurrency trading in China.

Viabtc is a well-known mining pool that captures roughly 4 percent of the Bitcoin network’s hash rate. The company is also known for its staunch stance towards Bitcoin scaling and a tool it created a while back that accelerates bitcoin transactions. The company recently raised $2.9 million in funding and is utilizing the money for its new exchange which will cater to both bitcoin and ether trading paired with each other and CNY.

Read More Here >>> https://news.bitcoin.com/viabtc-new-cryptocurrency-trading-platform/

[TravelMug]

I think this is a smart move from them. From mining pool now a trading platform. I think they have already built a solid reputation from being a mining pool. I guess, they will be competing against the giant trading platform from China as well. This is a good news, at least users now have alternatives and for sure trading volumes in China will continue to rise.

[Xanotick]

I think this is a smart move from them. From mining pool now a trading platform. I think they have already built a solid reputation from being a mining pool. I guess, they will be competing against the giant trading platform from China as well. This is a good news, at least users now have alternatives and for sure trading volumes in China will continue to rise.

that is right. I think its reputation is very good. I already have cloud mining contract with it.