Ebang Set To Launch Its Crypto Exchange

Ebang Set To Launch Its Crypto Exchange

Ebang, a crypto miner supplier has formally established her cryptocurrency exchange in early 2021. The firm is a publicly-listed institution that offers mining hardware on cryptos, such as Bitcoin. And now it has started its crypto exchange launch. In early 2021, Ebang, a public-listed crypto miner firm has established its crypto exchange. On Monday, 5th April 2021, an announcement is made that experienced investors can soon trade and register on the cryptocurrency exchange of Ebang, termed Ebonex. Significantly, this exchange was initially established in the invite-only beta phase around middle March.

Ebang have started recruiting

Dong Hu, Ebang CEO, stated that recently, they have made a fair investment in (Research and Development) R&D expert recruiting and product innovation plus iteration. He maintained that their cryptocurrency exchange launch business would grow the sources of revenue in the cryptocurrency business and equally optimize the blockchain industry chain development. The official announcement and launch of this crypto exchange didn’t state the jurisdictions eligible for the new crypto exchange. When asked, Ebang representatives did not respond to the request.

New exchange to support a wide list of tokens

Meanwhile, Ebonex supports prominent cryptocurrencies, such as Ethereum, Bitcoin, and stable-coin Tether. Other coins that are supported are; Zcash (ZEC), Litecoin (LTC), Tezos (XTZ), Cardano (ADA), EOS, Dash (DASH), and Monero. It is vital to add that Ebang was included in the Global Market of Nasdaq under the Ebon ticker in early June 2020, making it the first Bitcoin miner producer to venture public in the U.S stock exchange after Cannan, a Chinese cryptocurrency mining company.

On Monday, 5th April 2021, the company stated that it has already laid a prospectus with the U.S Securities and Exchange Commission where it might offer and sell about 3.5 million GME stock shares through ATM or at-the-market equity providing the program. The firm announced that her entire global sales rose to almost 11 percent for nine-week time.