A regulated Japanese cryptocurrency alternate is shutting down to relaunch as half of the Huobi household. The brand new alternate will help six cryptocurrencies and 11 buying and selling pairs. Present Bittrade clients want to open new accounts, full KYC verification, and switch their property to the brand new platform.
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Bittrade Shutting Down
Bittrade, one of 16 regulated Japanese cryptocurrency exchanges, has introduced the entire termination of its present buying and selling system. The alternate will then reopen as half of the Huobi household.
Huobi Japan Holding Ltd., an entirely owned subsidiary of Huobi World, has acquired a majority stake in Bittrade. Huobi itself stopped offering providers to Japanese residents in June due to regulatory points as Huobi just isn’t a registered crypto alternate in Japan.
Bittrade is asking its clients to open accounts on the new…