Bitcoin miner firm Ebang launches Ebonex crypto exchange


Ebang, a publicly-listed firm offering mining {hardware} for cryptocurrencies like Bitcoin (BTC), has formally introduced the launch of its personal crypto alternate.

In accordance with an announcement on Monday, certified traders will likely be quickly capable of register and commerce on Ebang’s cryptocurrency alternate dubbed Ebonex.

Ebang CEO and chairman Dong Hu stated, “Lately we’ve made a substantial funding in R&D expertise recruiting, in addition to product innovation and iteration. The launch of our cryptocurrency alternate enterprise won’t solely broaden the income sources from our cryptocurrency enterprise, but in addition optimize the event of our blockchain trade chain.” 

Ebonex helps main cryptocurrencies like Bitcoin and Ether (ETH), in addition to stablecoin Tether (USDT). Different supported cash embody Litecoin (LTC), Cardano (ADA), Zcash (ZEC), Sprint (DASH), Tezos (XTZ), EOS and Monero (XMR).

The alternate initially launched in an invite-only beta section in mid-March.

The announcement didn’t point out which jurisdictions are eligible to commerce on Ebang’s new crypto alternate. Ebang didn’t instantly reply to Cointelegraph’s request for remark.

As beforehand reported by Cointelegraph, Ebang was listed on the Nasdaq Global Market under the ticker EBON in June 2020, turning into the second Bitcoin miner producer to go public on a United States inventory alternate after Chinese language crypto mining agency Canaan.