Bitcoin miner firm Ebang launches Ebonex crypto exchange

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

In accordance with an announcement on Monday, certified traders can be quickly in a position to register and commerce on Ebang’s cryptocurrency change 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 change enterprise is not going to solely develop the income sources from our cryptocurrency enterprise, but additionally 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 embrace Litecoin (LTC), Cardano (ADA), Zcash (ZEC), Sprint (DASH), Tezos (XTZ), EOS and Monero (XMR).

The change initially launched in an invite-only beta section in mid-March.

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

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