Chinese mining giant Ebang launches crypto exchange

by in Cryptocurrency News

Ebang

Ebang, a major Chinese manufacturer of mining equipment, has launched the Ebonex.io cryptocurrency exchange.

Ebonex.io offers both spot and margin trading services and allows only qualified investors to interact with digital assets.

Since mid-March 2021, the exchange has been operating in a test mode with invitation access.

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Earlier, as part of the project to prepare the launch of the trading platform, the ASIC miner manufacturer registered a subsidiary in Singapore and applied to the relevant authorities for approval and license.

Recall that plans to expand the business by creating an exchange in the company were disclosed at the end of June before the initial public offering (IPO) on Nasdaq.