Ebang has recently made a huge announcement for the entire cryptocurrency industry. The company has announced that it has launched a cryptocurrency exchange that will be owned by itself. Ebang is prominently known as a company that is known for providing hardware for mining cryptocurrencies.
Majority of the hardware it provides companies with is for Bitcoin (BTC) mining and most importantly, the company is publicly listed.
The announcement around the launch of the cryptocurrency exchange by Ebang was made on Monday, April 5, 2021. The firm has revealed that the name of the cryptocurrency exchange that it has launched is Ebonex.
According to the announcement, the interested investors and users will be able to register their profiles on the Ebonex platforms. Once registered, they will be able to trade and use the services and benefits provided by the platform.
Dong Hu, the chairman and CEO at Ebang also talked about the company’s recent step that it took in launching its own crypto-exchange. Hu stated that the company has been linked with the cryptocurrency industry for a really long time.
Over time, Ebang has carried out extensive recruitment in the research and development sector. The company has done this to bring in more innovations and new ideas to the cryptocurrency industry. They are also working to ensure they are able to introduce more products and reforms to the cryptocurrency industry.
The company has gained enough knowledge and information in the crypto-blockchain sector that it is now confident in venturing through the cryptocurrency verse. On top of that, the company also wants to expand its business in the crypto-verse to bring in more capital and profits.
With time, the company also aims to fully focus on optimizing and expanding its blockchain industry all over the cryptocurrency sector. It wants to introduce an ecosystem where the cryptocurrencies and investors thrive alike.
Hu revealed that as the cryptocurrency exchange “Ebonex” launches, the users will see that the major cryptocurrencies will be listed onto the exchange.
Some of the major cryptocurrencies he named included the top two largest cryptocurrencies Bitcoin (BTC) and Ethereum (ETH). He added that these are not the only to cryptocurrencies they have in the portfolio but for now, their main focus would be on these two.
Some of the major altcoins include Monero (XMR), EOS, Tezos (XTZ), Dash, Zcash (ZEC), Cardano (ADA), and Litecoin (LTC). He also confirmed that the Ebonex exchange would also be offering altcoins such as Tether (USDT).
It was revealed back in March that Ebang was performing beta testing on the exchange. At that time, only a selected number of users were allowed to access the exchange to test its features, tools, and services.