Chinese Mining Firm Ebang Launches Crypto Exchange
Main page News, China, Mining, Cryptocurrency
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April 6, 2021

Chinese mining device maker Ebang has just launched the cryptocurrency exchange Ebonex.io, the company has announced on its website.

According to the site, Ebonex.io offers spot and margin trading services to qualified investors.

Ebonex.io has been operating since mid-March in test mode with invitation-only access.

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As part of the project to prepare for the launch of the exchange, the ASIC mining device maker had previously registered a subsidiary in Singapore and contacted the relevant regulators in order to get their approval as well as a license.

Ebang unveiled its plans to expand its business through the launch of an exchange in late June last year before the company held an initial public offering (IPO) on the US stock exchange NASDAQ.

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