'Bitcoin Jesus' Mulls Plans to Launch his Own Cryptocurrency Exchange

Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term.com CEO Roger Ver, who is sometimes called "Bitcoin Jesus" because he was one of the first investors of the No.1 virtual coin, is gearing up to launch his own cryptocurrency exchange.

The early Bitcoin investor told Bloomberg in an interview in Malta that to achieve that vision, he will get help from other partners to “produce the platform,” but Ver did not immediately disclose the total investment or the exchange funders. He also said that his company would consider the option of building the platform in-house.

“If we build it ourselves, we can do it really, really cheap, and we get exactly what we want. But we don’t have the security of a battle-tested exchange that’s been around for a while,” Roger added.

Bitcoin.com CEO stopped short of disclosing what currencies will be available, but he did mention that Bitcoin Cash would be the base-currency for the exchange – which shouldn’t come as a surprise to anyone.

Ver has been more bullish about Bitcoin Cash that any cryptocurrency and said before he aims to transform the bitcoin offshoot into a trusted global currency with broad usage.

Bitcoin Cash, which forked away from the original Bitcoin network after a small group of developers decided to add upgrades last year, has been integrated into all the company’s wallets in September.

Meanwhile, it will also be interesting to see how the company will Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term and roll out the new platform to users of its bitcoin-centric website worldwide.

“The exchange will be posted on Bitcoin.com so we’ll have thousands or tens of thousands of new users every single day,” Ver said.

Over the past year, Bitcoin.com and almost all crypto-linked websites have gathered a vast amount of visitors every day. However, the disappointing price performances of the cryptocurrency markets in recent months have apparently driven many enthusiasts away, and thus the crypto web traffic continues to show a sharp decline month over month.