RATE Group | Deutsche Bank veteran to launch Bitcoin physical trading service
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Deutsche Bank veteran to launch Bitcoin physical trading service

24 Apr Deutsche Bank veteran to launch Bitcoin physical trading service

Posted at 14:50h in Bitcoin News by

  • Deutsche Bank veteran Tomoo Onishi will launch a Bitcoin trading service with the FXcoin exchange in May 2020.
  • Onishi expects an increase in investment flows to Bitcoin and other cryptocurrencies due to the current macroeconomic situation.
  • FXcoin will also establish a swap market for XRP and Litecoin in the long term.

In an interview, Deutsche Bank veteran Tomoo Onishi has announced the introduction of FXcoin. The exchange will begin operations in May 2020 with the offering of Bitcoin-based services, with Onishi being the CEO of FXcoin. In an interview, he explained that this is the right time to expand into the crypto market.

According to its website, FXcoin was founded on September 21, 2017, with a capital of 1.52 billion yen. The exchange has started to accept applications from potential customers who want to open an account before the launch of the new services. Regarding the launch of the exchange, Onishi said (freely translated)

We are pleased to inform you that FXcoin Co. Ltd.,…

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