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After closing more than nine months ago, the world’s oldest cryptocurrency exchange BTCC is coming back. The relaunch comes with a plan on launching its own token in the future.

The news comes from an official announcement by BTCC on Monday about the revamped exchange which will offer support for crypto-to-fiat and crypto-only trading pairs which will include Bitcoin, Bitcoin Cash, Litecoin, and Ethereum.

Formerly known as BTC China, BTCC was the world’s first cryptocurrency exchange which launched in 2011. However, the Chinese authorities closed its doors in the ICO ban in September 2017.

BTCC was one of China’s original ‘big three’ exchanges which moved its operations to Hong Kong and London before being brought out by a Hong Kong blockchain investment fund in January 2018.

The Vice President of BTCC, Aaron Choi, spoke to media and told CCN that the relaunch of BTCC would feature a system to reward clients with points that would be fully converted to BTCC tokens in the future.

As he stated:

“A soft launch has already been made and we decided to go ahead with the BTCC points system that will be fully convertible to BTCC tokens. We wanted to give something back to the community which has supported us through a rather difficult period. Initially, we started trading with just Bitcoin/USD pairs and eventually added Ethereum, Litecoin and Bitcoin Cash. We will be adding further coins according to what our customers tell us although these will probably be Top 10 anyway”.
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Some of the new features which BTCC will have are the new trading pairs (BTC. ETH, BCH, LTC/USD, ETH, BCH, LTC/BTC and others) as well as enhanced liquidity and supposedly quicker deposits and withdrawals.