Hong Kong’s first decentralized crypto exchange, Sparkdex will be launched by Spark on August 30, 2018. The exchange which is designed to protect traders will be the first in the country to allow traders worldwide to trade P2P and to own their own funds.
The Sparkdex exchange is specifically made for tokens, cryptocurrencies, and stablecoins. The exchange does not require invasive documentation. It also does not impose transaction limits on deposits and withdrawals and will be charging 0.2 percent to zero percent trading fees depending on the asset that’s being traded on the platform. With the exchange being capable of handling the trading volume of Nasdaq and with a trading speed of 100,000 transactions per second, cryptocurrency traders can certainly expect high-performance trading on the platform.
The Sparkdex decentralized crypto exchange is a part of Spark’s money transfer ecosystem. This ecosystem is built on the BitShares blockchain. The exchange will host the incoming volume of stablecoins pegged to more than 180 international currencies.
CEO and Co-founder, Spark, George Harrap said in his statement that the company is proud to launch Sparkdex. He added that this exchange will allow traders to access the world’s most active, largest, highest capacity, and most liquid exchange in the world.
Co-founder and COO, Spark, Maxine Ryan said that this exchange is the next generation trading that’s available now, as reported in the CCN press release. He further added that the company is excited to start building Spark’s liquidity from its international markets directly on Sparkdex.
About Spark
Spark, which is formally known as Bitspark, is all set to launch the first decentralized crypto exchange. The company provides a bankless future for money transfers. The services of Spark needs no knowledge of cryptocurrency or bank account, thereby making it user-friendly for the de-risked and unbanked businesses to access over seven countries across Aisa and Africa.
The post Hong Kong’s First Decentralized Crypto Exchange To Launch On Aug 30, 2018 appeared first on OWLT Market.
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