Line Launching Exchange With 30+ Cryptocurrencies

Line is the most popular chatting application which is used in japan. Line has over 200 million user globally.
They are bringing an exchange which is names as Bitbox they will list 30 best cryptocurrencies, trading fees will remain low so more peoples will be interested in their exchange.

Line Corporation is launching Bit Box Exchange in july 2018, Line corporation announced this news on this thursday in line conference 2018.

Bit Box platform will be a “Cryptocurrency-to-cryptocurrency exchange fiat currency trading will not be available. Bit box will trade including bitcoin, ethereum, bitcoin cash, and litecoin, with low trading fees of 0.1%.

In jan 2018 company said that they has applied for registration, they will have to go through fsa before launching an exchange. Financial Services Agency (FSA) is under government they keep eye on every new upcoming exchanges to reduce frauds.