ABCC News

ABCC exchange was launched in April 2018 and is headquartered in Singapore. Several institutional investors are backing the ABCC exchange including Funcity Capital, BlockOrigin, and Dream Seeker Capital. The exchange supports a wide range of cryptocurrencies. The exchange doesn’t charge different fees for takers and makers. The fee model is called “Flat Fee Model.” The flat trading fee is 0.10%. Withdrawal fee depends on the type of currency the user wants to withdraw. The exchange does not support the deposits from fiat currency which means that new traders which do not have holdings in cryptocurrencies cannot trade here. ABCC token (AT) is the native token of the exchange. The AT token like Bitcoin is an ERC20 token with a total limited supply of 210 million. 40% of the supply of AT is used to reward members trading on the ABCC exchange via Trade-to-Mine mechanism. Trade-to Mine mechanism includes release and distribution which means that a user will be rewarded in AT tokens for trading in ABCC exchange. The trading platform has an intuitive and multilingual interface.