Second cycle of ABCC exchange token (AT) set to be distributed

Cryptocurrency exchange ABCC announced it is now preparing to release the second cycle of its native exchange token, AT, set to start distribution on 12:00, Nov 6th (UTC+8). In the period stated, on each day, exactly 175,000 AT will be released via Trade to Mine (ToM); each mining block will release 43,750 AT.

Issued on July 9th, the impact of the decreasing number of AT means a smaller circulation likely to encourage the price up. It’s worth mentioning that 80% of trading fees from the platform go to holders of AT in the form of Bitcoin, Ethereum and USDT, along with other use cases.

Last earlier this year, ABCC recently launched a Pro Version of its exchange with night mode, with full-screen trading views an for an optimized interface. Moreover, November will see an update launched with some key features added such as stop loss, stop limit and more. The company is also planning to launch the ABCC Wallet, currently, under development, the first version is scheduled to be released by the end of 2018.

Also in the pipeline for November on ABCC is a bitcoin 24-hour call/put feature options using AT as a settlement. In addition to this, a crypto fund product – similar to a savings account product in a bank is currently being tested with holders of AT.

In the first quarter of 2019, ABCC reports it has already arranged the listing of dozens of new tokens and coins, which will also be able for margin trading.