London Block Exchange - LBX listing Bitcoin Cash and Ethereum Classic, prices increased sharply
The London Block Exchange (LBX) has added Bitcoin Cash (BCH) and Ethereum Classic (ETC) to its pre-codec trading platform. LBX opened the OTC market in November and promises to add more new currencies in the future.
London Block Exchange adds 6 pairs of pre-encrypted transactions
London-based coded exchange - LBX has added Bitcoin Cash (BCH) and Ethereum Classic (ETC) support to the GBP. London Block Exchange announces it is the only UK pre-emptive trading platform currently listed on the GBP pair with BCH and ETC. In addition, LBX is also the first to offer international banking services in the UK and access to Faster Payments (FPS).
The coding currency mentioned above will be traded in pairs of ETCGBP, ETCBTC, BCHGBP, BCHBTC .
We are delighted to announce the addition of a selection of cryptographic co-ops that are increasingly flourishing on our platform. LBX customers can now buy, sell, send and receive ETC and BCH. "
Benjamin Dives , CEO of the exchange said in a press release:
"When we open the door to pre-coded enthusiasts in the UK, we are listening and acting on what the community wants - and it's a range of options for trading good quality coin. , all supported by reliable, comprehensive and user-friendly services. "
LBX is based in London's Canary Wharf. This platform provides pre-codec exchange services for both consumer and institutional investors through the online platform and through the mobile app. It follows the strict know-your-customer and anti-money-laundering procedures.
London Block Exchange is also an electronic wallet provider registered with the UK Financial Services Authority. In March, the company announced that it would provide members with access to Faster Payments.
Bitcoin Cash prices are good
Bitcoin Cash prices have skyrocketed in recent weeks amid strong demand from BCH. Its market value is currently hovering around $ 1,500. The increase comes with positive news. Revolut , a European startup company providing alternative banking services, recently announced it will add Bitcoin Cash. Meanwhile, a growing number of businesses have begun accepting Bitcoin Cash (BCH).
On May 15th, Bitcoin Cash will have a hard fork. The software upgrade will increase the block size to 32MB, four times the original 8MB, and outperforms the 1MB block size of bitcoin.
Hard fork will also remove the Segwit protocol , the process by which the number of transactions in a block can be increased by moving certain data from the transaction to the end of the block.
Since its inception in August 2017, Bitcoin Cash has been accused of misleading investors by taking back the bitcoin name. Although, this new coding currency includes the history of the original bitcoin transactions until the breakup, these two currencies are not related except to have them history and names. Theoretically, anyone can create a hard fork from the original source bitcoin.
Roger Ver , who owns Bitcoin Cash, also owns bitcoin.com through a limited liability company registered at the Marriott on St. Kitts, has appeared on many internet chat shows, including the InfoWars website, to promote Bitcoin Cash.
A recent survey has found a growing awareness of British codepage. More than 90% of respondents said they had heard about bitcoin. The survey also found that many Britons, one-third of respondents, would be more likely to invest in coding money if they were adjusted. At the same time, 60% said they would not support the state-controlled cryptographic money granted by the Bank of England.
Professional investors in the UK are even more optimistic. A survey of 150 financial services professionals and retail investors found that 54% of the respondents expected coding prices to increase this year. More than half of them intend to invest more in coding and the other one says they will hold or sell only part of it.
Do you think that codec trading will develop in the UK, which is the global financial center of tradition? Let us know in the comment section below.
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