Yahoo will launch its own crypto-exchange at the end of May

Yahoo will launch its own cryptocurrency exchange on May 30th. It is reported by the Cointelegraph, with reference to the Twitter trading platform.

At the initial stage, the platform will provide its customers with the opportunity to trade Bitcoin and Ethereum.

In addition, margin trading with assets such as Litecoin, XRP and Bitcoin Cash will be available to users.

Recall that Yahoo Japan acquired a 40% stake in Tokyo’s BitARG exchange last year, on the basis of which it plans to launch its own trading platform.

It was reported that the amount of the transaction amounted to about 2 billion yen (more than $ 18 million).

In addition to Yahoo, other Japanese corporations are launching their own cryptocurrency trading platforms. Thus, retail giant Rakuten, which owns the Viber messenger, in April began registering potential users of its cryptobirth, which is scheduled to launch in June.

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