Crypto Exchange Claims It Is Faster Than 99% of Rivals

As well as supporting a wide range of mainstream cryptocurrencies such as bitcoin, ether and litecoin, Bcnex says it is constantly expanding its offering to other quality tokens.

Bcnex says its platform is built upon an institutional-grade trading engine that is capable of processing up to 2 million orders per second.

The white paper adds: "Bcnex is backed by the experience of its individual members who have developed and managed world-class financial systems in the Forex market as well as real-time data application systems. We have in-depth understanding and experience in building such systems."

A robust architectureAccording to Bcnex, its exchange features a robust microservices architecture in which thousands of bots are continually placing hundreds of orders per second - and as a result, it claims to be faster than 99% of live exchanges.

Bcnex is available hereRolling out new featuresSpot transactions, margin trading, future contracts and a 100% anonymous automatic order matching mechanism are some of the first features that are on Bcnex's agenda.

Transaction pairs with bitcoin, ether, USDT and Bcnex's native BCNX token are going to be available at first.

Consumers are going to be able to access Bcnex on the web, on Windows PCs and through specially created apps for Android and iOS, if they prefer.

The exchange is going to launch in English and Vietnamese, with support for Chinese, Korean and Japanese set to follow as the exchange strives to become multilingual.

Bcnex's initial coin offering began on May 3, and it is scheduled to conclude on June 27.

In the first quarter of 2020, the Bcnex team is planning to introduce margin trading after undergoing a testing phase.