Bitcoin miner agency Ebang launches Ebonex crypto alternate

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Bitcoin miner agency Ebang launches Ebonex crypto alternate

Ebang, a publicly-listed firm offering mining {hardware} for cryptocurrencies like Bitcoin (BTC), has formally introduced the launch of its persona



Ebang, a publicly-listed firm offering mining {hardware} for cryptocurrencies like Bitcoin (BTC), has formally introduced the launch of its personal crypto alternate.

In accordance with an announcement on Monday, certified buyers will likely be quickly in a position to register and commerce on Ebang’s cryptocurrency alternate dubbed Ebonex.

Ebang CEO and chairman Dong Hu stated, “Lately we have now made a substantial funding in R&D expertise recruiting, in addition to product innovation and iteration. The launch of our cryptocurrency alternate enterprise won’t solely increase the income sources from our cryptocurrency enterprise, but in addition optimize the event of our blockchain business chain.” 

Ebonex helps main cryptocurrencies like Bitcoin and Ether (ETH), in addition to stablecoin Tether (USDT). Different supported cash embody Litecoin (LTC), Cardano (ADA), Zcash (ZEC), Sprint (DASH), Tezos (XTZ), EOS and Monero (XMR).

The alternate initially launched in an invite-only beta part in mid-March.

The announcement didn’t point out which jurisdictions are eligible to commerce on Ebang’s new crypto alternate. Ebang didn’t instantly reply to Cointelegraph’s request for remark.

As beforehand reported by Cointelegraph, Ebang was listed on the Nasdaq International Market below the ticker EBON in June 2020, turning into the second Bitcoin miner producer to go public on a United States inventory alternate after Chinese language crypto mining agency Canaan.