Japan's DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies

Japanese e-commerce and entertainment giant DMM Group has launched its crypto exchange, supporting 7 cryptocurrencies and 14 trading pairs. The group is also preparing to launch another crypto exchange in the Spring aimed at inexperienced investors.

Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading

DMM’s Crypto Exchange Launched

Japan's DMM Bitcoin Exchange Opens for Business With 7 CryptocurrenciesJapanese internet and entertainment conglomerate DMM Group has launched a cryptocurrency exchange under the brand name DMM Bitcoin. The platform began trading on Thursday January 11.

To commemorate the grand opening, the exchange is giving away 1,000 yen (~$US9) to all customers who open a new account during the campaign period between January 11 to March 11.

Japan's DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies
DMM Bitcoin promotional material.

Customers can trade on their PC or use an Android or iOS app. The platform supports bitcoin (BTC), litecoin (LTC), ether (ETH), ethereum classic (ETC), nem (XEM), bitcoin cash (BCH), and ripple (XRP). Fourteen currency pairs are available for trading. In addition to the 7 coins trading for yen, 7 crypto-to-crypto trading pairs are offered; they are ETH/BTC, ETC/ETH, XEM/BTC, XRP/BTC, LTC/BTC, ETC/BTC and BCH/BTC.

Japan's DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies

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