Line’s BitBox replaces its exchange platform with a new one in the US
On February 27 the exchange team closed its headquarters in Singapore to replace it by BitFront
The Japanese courier giant Line, closed its Singapore-based encryption exchange, BitFox, and relaunched it as a global platform based in the United States that will take the new name of BitFront.
The information was revealed on February 27 when the Japanese company announced the launch of its new platform operated by LVC USA, the US subsidiary of LVC Corporation, Line’s digital assets and blockchain-focused arm.
Users assigned to the old platform are automatically redirected from BitBox to the BitFront URL, where a series of notices will inform them about the changes carried out.
The Line team also reported in detail the compatible currencies which have been interspersed with those previously offered in BitBox, such as: bitcoin (BTC), ether (ETH), tether (USDT) and the native LINK token of Line.
With regard to the launch, temporary deposits without charge of bank transfer in US dollars are temporarily offered to residents in some regions of the United States. Subsequently, regular deposits and withdrawals in dollars based on rates will be opened through the automatic clearing house or bank transfer.
K.Villarroel
Source: infocoin
