London Block Exchange Lists Bitcoin Cash, Ethereum Classic
London Block Exchange (LBX), the UK’s only dedicated multicurrency exchange has added Ethereum Classic (ETC) and Bitcoin Cash (BCH) to the list of its offerings. With this addition, LBX becomes the only cryptocurrency exchange offering GBP pairing with both BCH and ETC, in addition to being the only cryptocurrency exchanged providing on-shore banking.
Including this addition, the total number of cryptocurrencies offered for trading has increased to six, including BTC, ETH, LTC, XRP. A few weeks back, LBX added Ripple (XRP) to the list of cryptocurrencies offered for trading. At that time, LBX stated that it would add cryptocurrencies regularly to its list of offerings. While Ethereum Classic (ETC) is a pre-fork version of Ethereum (ETH) network, Bitcoin Cash (BCH) is the forked version of Bitcoin network.
Ethereum Classic supporters point out that it contains untampered history of the Ethereum blockchain, while Bitcoin Cash support claim that it represents the true vision of the Bitcoin creator Satoshi Nakamoto.
LBX Founder and CEO Benjamin Dives, said:
“Since launching, we’ve proven incredibly popular among UK crypto-enthusiasts, given our low cost trading and excellent app. We’re now strengthening the fact we offer more coins than most popular exchanges and are listening to the community in deciding which coins we will list.”
LBX began its operations in November 2017 and is currently accepting customers to its user-friendly app (desktop and smartphone). The exchange follows strict AML/KYC protocols. Members also receive a daily market report. The report can be viewed on LBX News Channel on Telegram.
The London Block Exchange’s over-the-counter (OTC) desk allows institutional clients to trade cryptocurrencies under preferential conditions for high volume orders. The exchange currently offers trading in Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Ripple, paired with £, € and $. The minimum trade size is £25,000 while using the OTC services.
The London Block Exchange is the first multi-cryptocurrency exchange dedicated to the UK market. Based in Canary Wharf, LBX provides a credible, safe and easy exchange for consumers and institutional investors – delivered via its online platform and app. London Block Exchange (FRN: 902014) is registered EMD Agent for e-wallet functionality by the Financial Conduct Authority under the Electronic Money Regulations 2011.
The exchange also offers educational content, bank-grade security and solid governance, with six cryptocurrencies currently available for trade with more to be added each month.