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Breaking News: Bitcoin Outlook Post Fed's 0.25% Rate Cut: Historical Patterns And Predictions
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Breaking News: Bitcoin Outlook Post Fed's 0.25% Rate Cut: Historical Patterns And Predictions

New Hong Kong Bitcoin Exchange HKCEx Gets $2 Million Investment

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Last Updated: October 7, 2020 11:40 am
1 min read

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HKCEx Logo

A brand-spanking-new bitcoin exchange based out of Hong Kong has recently received a $2 million investment from private investors and local financial companies, according to Bitcoin Examiner.

It’s HKCEx, and it’s claiming to be the world’s most secure bitcoin trading exchange. The company will reportedly use a good chunk of the investment cash to “create a high-load trading infrastructure, merchant platform and to promote and popularize the HKCEx brand.”

The exchange is coming in with an extreme attention to details when it comes to customer needs.

“The base of the principles of our company is the interests of our clients. Every step we take is adapted to their prosperity and needs,” said CEO Pheng Cheah.

One of those needs is the ease of getting money into the exchange to begin with, and subsequently out. HKCEx hopes to give users the ability to use credit cards and other electronic payments.

“It is no secret nowadays there are several large exchanges in the world. However all of them experience difficulties working with fiat currencies. Our exchange won’t have these shortcomings,” said Cheah.

We’ll obviously have to revisit this exchange in several months and see how they’re doing. (via Bitcoin Examiner)

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