New Hong Kong Bitcoin Exchange Announces $2M Investment

 HKCEx Bitcoin Exchange

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HKCEx is China’s newest bitcoin exchange, and makes claim of being the most secure bitcoin trading platform on the Hong Kong market. The exchange has just secured an investment for $2 million, which is being backed by local financial organizations, as well as private investors.

According to a statement from the company,  the first wave of investments will be utilized to develop high-load trading infrastructures, and allow a platform for merchants to promote HKCEx. CEO of HKCEx Pheng Cheah said:

“The base of the principles of our company is the interests of our clients. Every step we take is adapted to their prosperity and needs”.

Cheah assures that his company will not run into any issues that other exchanges did, who have had difficulties working with fiat currencies.

The bitcoin exchange company expects to attract traders with its guaranteed access to processing centers in Asia, Australia, America, Canada, Europe, Russia and Latin America. Clients will be granted the ability to deposit and withdraw funds by using anything from credit cards to electronic payment systems.

HKCEx reassures that their company was specifically “designed to become the most secure bitcoin trading platform in the world.”

They will do this using two-factor authentication and SSL-connections. Traders privacy will remain secure through use of an AES-256 encryption and all private information will be saved on offline servers.

HKCEx was founded in September 2013.

BTC China

BTC China is another bitcoin exchange company that has just recently begun accepting bitcoin deposits after being told to close its doors by the Chinese government. The exchange accepts deposits using the company’s bank account.

Since reemerging onto the scene, BTC China has implemented a new promotion, which enables its users a chance to win a 1,000 RMB cash bonus. The Shanghai sanctioned company says that its customers can buy and sell thousands of RMB worth of bitcoin without effecting the market.

The bitcoin exchange marketplace in Asia is beginning to boom, only a few months after it was thought to be shut down.

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