Bit-Z is a global cryptocurrency trading exchange, providing professional digital asset trading and OTC (Over The Counter) services. Founded in 2016 in Hong Kong, its website indicates that it employs top-level talent from the international digital currency industry and from other fields including finance, social networking, games, and electronic commerce.
Although several publications note that Bit-Z is transparent in its exchange operations and terms and conditions, there are no details about the platform’s founders in any public-facing documents.
In 2018 Bit-Z launched DKKT, a security token pegged 1:1 with the Danish Krona, which is only available in a select number of markets and has a total available supply of 15 Million. In the same year, it also launched BZ, and ecological token based on the Ethereum ERC20 agreement. BZ has a circulating supply of 180 Million coins and a max supply of 1.2 Billion coins and the token aims to benefit Bit-Z by maintaining the ecological development of the group’s blockchain.
By 2019 Bit-Z had exceeded over 10 million international registered traders with online traders exceeding 250,000. Claiming to offer maximum security, Bit-Z states that it employs bank-level SSL technology, over 300 security measures and GSLB with distributed servers to ensure the stability of the platform.
The Bit-Z Group, previously announced the establishment of a BZ Fund focused on early-stage startups. The BZ Fund will share the Group's $10 million industrial fund. The group outlined future plans to focus on the development of blockchain technology, and multi-dimensional investment fields such as digital payment, digital copyright, financial services, and media platforms.Read More