Japanese Internet Giant GMO Lists 4 Major Altcoins to its Trading Platform

By Stan Peterson
Published May 31, 2018 Updated May 31, 2018
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Japanese Internet Giant GMO Lists 4 Major Altcoins to its Trading Platform

By Stan Peterson
Published May 31, 2018 Updated May 31, 2018

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!


The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
About Author
Stan Peterson
400 Articles
Being an active participant in the Blockchain world, I always look forward to engage with opportunities where I could share my love towards digital transformation.

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