At the moment, the platform only supports bitcoin

Photo: CryptoNinjas

GMO Coin, a subsidiary of Japanese tech giant GMO Internet, launched a new platform for trading cryptocurrencies in real-time. It is reported Bitcoin.com.

“The exchange displays all of the orders of users. Thus you can conclude the transaction, having access to information about the supply and demand of other investors,” — said representatives of the exchange.

At the moment, the platform only supports bitcoin. The “Commission” recipient (taker fee) is 0.01%, and “Board maker” (maker fee), and absent. Commission for withdrawal of funds is also not provided.

Maximum order amount on the platform is 2 bitcoin, and day traders can buy and sell 1000 bitcoins.

In addition, exchange provides users with leverage of 10 times the volume of own funds of traders.

Note, the GMO Coin has two trading platforms for brokerage and margin trading that support bitcoin, Ethereum, Bitcoin, Cash, Litecoin and XRP.

Also GMO Internet published a report on the results of its mining business in August. Overall, Hasrat reached 459 PH/s, which is higher than the figures for June and July (384 PH/s). During the work of mining division GMO produced 2 984 661 bitcoin and BCH (510 bitcoins and 25 BCH — August).

“Our Hasrat increased with the expansion of mining farms and the use of third-party equipment. We will continue to use miners and other manufacturers are planning to achieve Hasrat 800 PH/s by the end of December,” — said representatives of the company.