The Qoin Association has announced it had received consent from the first exchange that will trade the Qoin digital currency.
Block Trade Exchange Limited “BTX”, a registered Digital Currency Exchange “DCE” under AUSTRAC number DCE100635628-001, will commence trading Qoin in November 2020 or shortly thereafter.
BTX will be working closely with the Qoin Association over the coming months to work through the specific trading, technology, systems and security requirements of the Association.
The company hopes buyers and sellers will trade in ‘Qoin Blocks’, an innovative and transparent blockchain initiative that groups Qoins together into different block sizes. Access to the Exchange via onramps will be built so that buyers can easily purchase Qoin Blocks initially with cash fiat currencies and eventually leading digital currencies from many countries.