Crypto exchange VCTRADE implements Bitcoin (BTC), Ethereum (ETH) and XRP (XRP) deposits

2018-12-24 13:44

VCTRADE, a crypto exchange launched by Japanese financial giant SBI Holdings, has implemented Bitcoin (BTC), Ethereum (ETH) and XRP (XRP) deposits, Cointelegraph reported.

The exchange, which was launched for pre-registered users in June and for public in July, is considering adding Bitcoin Cash (BCH) deposits after further evaluation of the cryptocurrency. SBI has also explained that cryptocurrency withdrawals will not be available until late January 2019, and will be limited to a hardware wallet that the company refers to as “designated wallet.”

According to VCTRADE, the ability to only use one specific wallet is supposed to “link the address pertaining to the customer,” thus ensuring adequate implementation of Anti-Money Laundering and Counter-Terrorist Financing measures on the exchange.

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