National Currency Exchange to launch

National Currency Exchange to launch

The National Currency Exchange, an Australian owned and operated cryptocurrency exchange, will commence operations in Q1 2018 following a private funding round raising $750,000 for the Australian and second exchange in Singapore.

NCX, which will initially allow trading in popular cryptocurrencies Bitcoin and Ethereum before expanding the digital asset suite throughout 2018, differentiates itself from local and global peers by having 100% of controlled funds and digital assets managed in Australia, with the majority of NCX controlled digital currency kept in “cold storage”.

It will generate revenue from trading fees and Fiat transfer fees and in future also expects to generate revenue from listing additional digital assets.


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Source: National Currency Exchange to launch –