Belarusian crypto exchange iExchange has started its work
The iExchange cryptocurrency exchange has been launched in the Minsk Hi-Tech Park, which finished the beta testing stage the day before, Forklog reports.
It is known that since July 5, 2019, the company is officially considered a resident of the Hi-Tech Park. The authorized capital is $ 1 million. Ernst acted as auditors and testers & Young as well as Kyte Consultants Ltd.
Today iExchange is partnering with OKEx Malta. The project works on the LEN (Liquidity Exchange Network) principle. This mechanism combines orders from OKEx and iExchange clients into a common order pool.
According to the company, in August 2019, users will be able to deposit and withdraw fiat currencies. In May 2020, it is planned to launch a personal cryptocurrency index, custody service and margin trading.
It is also planned to create your own iExcoin token, with the help of which payment for services and exchange commissions will be available.
The Hi-Tech Park has been operating in Minsk since March 28, 2018. On its territory, trade and exchange of cryptocurrencies is legalized, and activity as an operator of a crypto platform or an exchange office is allowed..