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What is a Bitfront Account setup?
Just as LINE led a new era of mobile communications with its messaging app, LINE is also aiming to bring the cryptocurrency industry into the mainstream.
LINE believes everyone should be able to freely trade and securely store their digital assets on an exchange, while also enjoying the highest levels of credibility and trust. The result is BITFRONT, a revolutionary digital currency exchange for the cryptocurrency industry.
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LINE’s blockchain projects on BITFRONT
BITFRONT serves as the main exchange platform for the core products in LINE’s blockchain business.
Driven by a contribution-rewarded business model, BITFRONT is the exclusive platform for listing digital tokens based on the LINE Blockchain Platform and for trading LINE’s digital tokens with other major tokens.
Why choose BITFRONT?
Built from the ground by LINE’s leading security team, based on the global technology service experience from serving almost 186 million monthly active users.
Built and maintained by an experienced team that understands how to handle a highly demanded global internet financial service.
BITFRONT Digital Currency Exchange Begins Operations in US
BITFRONT will become the main digital currency exchange platform for LINE’s token economy. Previously, LINE operated the global digital asset exchange BITBOX, a crypto-to-crypto exchange based in Singapore.
Now, however, LINE has decided to expand its services and become a full-fledged exchange that includes fiat-to-crypto markets, aiming to spur the usage of blockchain by lowering the barriers to cryptocurrency adoption.
With the aim of using innovation to overcome traditional financial barriers, BITFRONT brings extensive security and industry know-how built on LINE’s years of experience as a major global service. By linking other exchanges and order books, BITFRONT provides deep liquidity and ensures a tight bid-ask spread. In addition, users will be able to trade in U.S. dollars by linking their bank account.
BITFRONT supports five major cryptocurrencies, including LINE’s digital currency LINK, Bitcoin, Etherium, Bitcoin Cash and Tether, in 15 languages.
Furthermore, BITFRONT provides a range of customized features to ensure a convenient trading experience.
“This is a major leap toward achieving the mass adoption of blockchain,” said Youngsu Ko, CEO of LVC Corporation. “As the most trusted global digital currency exchange, we will continue to make blockchain and cryptocurrency more accessible to our users.”
To celebrate the launch, BITFRONT is offering a promotion for users in the United States.
Until March 31, U.S.-based customers who have completed the KYC process will be able to receive LINK rewards if they exchange or purchase more than USD100 worth of digital assets, plus they will be exempt from commission fees if the deposit is made through a wire transfer. Details on the event can be found on the BITFRONT website (bitfront.me).
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