DMM Group Comes in the Cryptosphere
Japan’s DMM Group, a large e-commerce and entertainment company, has launched DMM Bitcoin, its very own cryptocurrency exchange. It became active on January 11th. The fresh crypto-trading toneel is hoping to attract at least some of the 27 million DMM Group customers. Spil of right now, DMM Bitcoin offers trading support for Bitcoin, Bitcoin Contant, Litecoin, Ethereum, Ethereum Classic, NEM, and Ripple. All deposits and withdrawals will be processed te Japanese Yen, Ether, and Bitcoin.
The Tokyo-based company has also announced its plans to launch another crypto-exchange sometime straks this year. This exchange is intended to be more user-friendly so that traditional investors who are not crypto-savvy can embark injecting the cryptosphere. Next Currency Inc., a subsidiary of DMM, will be ter charge of introducing this exchange to the crypto-market. The effortless to use exchange will be called Cointap.
DMM.com, which wasgoed founded ter 1999, is primarily a rental service and online shopping conglomerate. However, it seems to have leaped onto the crypto-bandwagon like numerous other companies to benefit from the flourishing market of digital currencies and to help jumpstart its mainstream adoption.
Simplex Cryptocurrency Trading Verhoging
DMM has said that its crypto-exchange will be using the Simplex Cryptocurrency Trading Toneelpodium. This podium has built-in trading features that can be used by business management systems and even traditional investors. Presently, no other company, except for DMM, uses this toneelpodium. Simplex Inc., the company that developed this trading utility, is fairly established with a respectable track record. It is well-known for providing Forex trading platforms to large companies such spil SBI Holdings and the GMO Group.
Ter order to attract the most customers, the company’s trading toneel will be accessible to smartphone and desktop users. This is a wise budge considering that the majority of people access the internet using mobile phones.
Numerous Crypto Projects
The DMM Group has also ventured into the crypto-mining industry by launching its own Crypto Mining Laboratorium called DMM Mining Labo. The mining laboratorium will concentrate its efforts on the research and development of effective crypto-mining. A team of qualified experts and professionals will seek to maximize hashing power while attempting to cut down on tens unit usage. The company will also be providing cloud mining services and proprietary mining machines. DMM has stated that its aim is to become one of the world’s largest and most scalable mining farm operations.
The DMM Group has certainly taken on some very large and elaborate projects. This all sounds superb on paper, but the real challenge awaits. The long-term success of thesis projects will depend on the competence of the groups appointed to implement them. Companies already working te the crypto-world have experienced significant problems. Many of thesis issues have bot related to technical difficulties, like the zuigeling Losbreken experienced recently, that left many customers angry and frustrated. Let’s see if DMM will be able to truly sate its customers.