Sign Up on MEXC
GMO coin, the Japanese internet company GMO is being extremely bullish on cryptocurrencies as it keeps on making developments in this space. The company introduced its crypto wallet on iOS as well while adding major 4 altcoins to its trading platform.
Top altcoins up for trading against Japanese Yen
GMO Internet, Inc. the Japanese internet giant recently made the announcement of adding four top altcoins. Apart from Bitcoin (BTC), now Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), and Litecoin (LTC) will also be available to trade against the Japanese currency.
GMO Internet basically provides internet security, internet infrastructure, mobile entertainment and online advertising.
In the recent time, the company also started its own cryptocurrency exchange called GMO Coin. Moreover, last year it opened a bitcoin mining operation as well.
GMO is constantly working on its crypto trading platform as evident from its recent expansion to the UK market. The company has even signed a deal with a UK company, Finatext that sells financial technology services.
GMO is introducing a mobile-based crypto wallet platform on iOS. These four digital assets have been added for trading on the app.
“GMO Coin Virtual Currency Wallet” is what the wallet platform has been termed that will basically allow its customers to store multiple cryptos along with their fiat. With this wallet, the company claims to ease the entire process while keeping the registration process simple.
Also, read: Binance Adds New Trading Pairs for Ripple (XRP) and Tether (USDT)
GMO coin goes bullish on cryptos
Reportedly, the company also introduced CryptoChips that allows the distribution of cryptocurrency as remuneration within game applications. In the early days, these remunerations will be given in Bitcoin. GMO is planning to introduce this option with many more cryptocurrencies in the future.
The company has already partnered with a number of companies to start its first initiative. By introducing cryptos at this level, the company believes will help people become more familiar with digital currencies.
With the new additions, GMO is surely being bullish towards cryptocurrencies. Currently, Bitcoin (BTC) is at $7,559, Ethereum (ETH) at $576, market value of Ripple (XRP) is $0.61 while Bitcoin Cash (BCH) is just above $1,000 and Litecoin (LTC) at $119.
Bitcoin and Ethereum are the only ones in the green right now, while the rest are experiencing a bit of price dip in their prices.
What are your views on the introduction of new cryptos and GMO making substantial steps towards cryptocurrencies? Share your thoughts with us!
- Arkham Uncovers $5 Billion in Untouched Bitcoin From Germany’s Movie2K Seizure
- Ethereum Spot ETFs Record $447 Million in Outflows Amid Crypto Market Decline
- World Liberty Financial Discloses Reason for Blacklisting 272 Wallets
- September 50 BPS Fed Rate Cut Odds Climb Ahead of CPI, PPI Data
- Michael Saylor Spotlights Strategy’s Performance Following S&P 500 Snub
- Solana Price Prediction: Will Solana Hit $320 as SOL Strategies Gains Nasdaq Approval?
- XRP Price Forecast: Analyst Eyes $127 as BlackRock Joins Ripple Swell 2025
- Chainlink Price Eyes $55 as Reserve Holdings Jump With 43,937 LINK Addition
- Cardano Price Targets 30% Surge as Top Economist Calls for Fed Cut
- ETH Price Forecast as Grayscale’s Covered Call Ethereum ETF Spurs Optimism — Is $8,500 in Sight?
