This Cryptocurrency Exchange OkEx established the first bitcoin cash market, to enable users to trade the tokens directly as intermediates through BCT or BTC. The Hong Kong-based exchange announced on Monday that users now have access to more than a dozen BCH business pairs.
This news is important because according to the figures of coin market cap, the OKX is currently the sixth among the total trading volume among the cryptocurrency exchanges. In the past 24 hours, OkEx has processed more than $ 1.3 billion in trades and it is likely that new business pairs will increase the Daily Business Volume of Bitcoin Cash, which is often more than $ 1 billion.
Apart from this, in addition to the increase in liquidity in the construction of a BCH market, the status of bitcoin cash is cemented as top level cryptocurrency it separates it from other Altcoin formed through bitcoin forks.
This bitcoin does cash trading on the news, although it is difficult to measure the exact effect of BCH markets, because there are many other factors on the play. This was the first betoken cash proponent, Roger Weir, who introduced a high profile on CNBC, where he encouraged bitcoin cash for many audiences which he probably never heard of. This second cryptocurrency market made a normal fluctuation on Tuesday and growth of bitcoin caches was almost consistent with this trend.
It is still more likely to grow bitcoin cash, especially if other exchanges also form BCH markets. This first bitcoin cash market was announced only this week that OkEx had announced this week. These companies also launched a fashion-to-token trading platform. Finally, the Exchange announced that it would support "All Major Bitcoin Technical Development Roadmap", in which seven alone particles which were set for the month alone.
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