Overbit.com (Overbit), a Seychelles-based cryptocurrency and overseas change (foreign exchange) buying and selling platform, introduced this Friday that it had launched 17 new crypto and FX buying and selling pairs.
Specifically, the change has added 11 foreign currency trading pairs and 6 pairs based mostly on Bitcoin. With the launch of the brand new pairs, Overbit now affords a complete of 16 foreign currency trading pairs and 21 BTC buying and selling pairs.
The brand new foreign currency trading pairs are AUD/JPY, CHF/JPY, EUR/AUD, EUR/GBP, GBP/AUD, GBP/JPY, NZD/USD, USD/CAD, USD/CHF, USD/CNY, USD/KRW, and the brand new Bitcoin pairs are BTC/KRW, BTC/CHF, BTC/CAD, BTC/GBP, and BTC/AUD.
Commenting on the foreign money pair growth, Chieh Liu, CEO of Overbit, stated in an announcement this Friday: “We hearken to our merchants’ wants and we’re adapting our providing to ensure we cowl the broad vary of merchants becoming a member of us on a regular basis.”
“With the supply of further 11 FX buying and selling pairs plus 6 BTC buying and selling pairs, merchants can now make extra handy commerce executions and hedges and proceed to commerce safely on Overbit’s buying and selling platform.”
Along with launching the brand new buying and selling pairs, the Seychelles based mostly change highlighted that it will be launching its app later this 12 months, which will likely be obtainable for iOS and Android gadgets, in addition to different function launches on its buying and selling platform.
Overbit platform launched in 2019
Overbit is a Bitcoin margin buying and selling platform, headquartered in Seychelles. The corporate affords leverage of as much as 1:100 for crypto and 1:500 for foreign currency trading pairs. As ALT Coin Hypothesis reported, the corporate was based in 2017, and the platform was launched in 2019.
Specifically, in February of 2019, Overbit went reside in Japan. Based on the assertion on the time, the corporate was the primary platform in Japan to facilitate the buying and selling of each cryptocurrencies and overseas change, by utilizing Bitcoin because the underlying asset.