VCTRADE, an SBI Holdings backed crypto exchange has recently made it known that it has started accepting deposits for Bitcoin, Ethereum, and Ripple. This announcement was made via the exchanges official Twitter handle.
VCTRADE to Start Accepting three New Coins
The announcement stated that:
“VCTRADE will begin providing virtual currency receipt service from December 21, 2018 (Friday). In this way, we will receive XRP (XRP), Bitcoin (BTC) and Ethereum (ETH) from the virtual currency handled by the Company from Wallet etc of another virtual currency exchange trade.”
Furthermore, the publication went ahead to say that the exchange intends to make the withdrawals of digital assets available to users by January 2019. This was confirmed in an announcement which read thus:
“We plan to start sending this virtual currency sending service as soon as preparation is completed from late January 2019. Information on the designated wallet (how to obtain, notes on use etc.) will be provided from time to time on the website of our company or our affiliated company.”
VCTRADE Launched in June 2018
SBI Holdings launched the VCTRADE cryptocurrency platform in June 2018 as a major exchange built around XRP.
Initially, the exchange was only available to pre-registered users but the company soon started receiving registrations a month later.
Yoshitaka Kitao, the Chief Executive Officer of the exchange has made some statement regarding the future of the company even before its official launch. He stated that: “When we do it, it will be number one in the blink of an eye so quickly, so even if a tremendous number of customers come, we can build a system that can bear. We have to pursue safety thoroughly.”
The exchange has also announced plans to remove its upper age limit of 70 for new user registration due to public demand. Regarding its plans for Bitcoin Cash, the exchange has made it known that its customer will be able to make BCH deposits soon enough.