While several global headlines have declared that millennials are increasingly disinterested in banks, the owners of BTC.sx exchange have launched Magnr, “the first savings account for Bitcoin.”
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BTC.sx News
Btc.sx is an international company that provides a platform for leveraged cryptocurrency trading and brokerage. The platform allows trading of digital currency derivatives — for instance, marginal trading and so on. Btc.sx was founded by Colin Kwan, George Samman, Joseph Lee and Vincent Hoong in 2013. Initially, the company used to be based in Australia but currently it operates and is headquartered in London, U.K. Btc.sx offers investors the chance to take short and long positions on future Bitcoin price changes against USD. Btc.sx offers shares on which price changes are possible to gain a profit as well. Btc.sx doesn’t accept fiat money so all deposits for positions must be done in cryptocurrency. In 2015, the company launched Magnr service for cryptocurrency storage. After this, Btc.sx was renamed as Magnr.
UK-based BTC.sx, the world’s first Bitcoin-only trading platform, has announced its partnership and integration with itBit exchange to significantly increase its presence in Asia.
593Every week, Cointelegraph will do a roundup of all the businesses and the altcoins we have added during the week to our catalogs.
427Pioneering Seedcoin-funded Bitcoin derivatives platform BTC.sx has announced some rapid expansion with the launch of language localization and international technical upgrades.
342The bitcoin derivatives platform was founded on in May of the year 2013. Now it has reached a personal record of deals and transaction equal to 13,5 million dollars.
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