Whitex, the next Binance?

Anonymous creators of the Bitwhite Decentralised apps platform, announced the launch of its own exchange-Whiteex, February 3rd 2019 according to a post made on its telegram community.

Bitwhite is a decentralised app platform created by the 'Soviet of 12'-the core developers of the BitWhite blockchain- in November 2017.  The BitWhite team considers the launch of its own exchange an admirable objective, as it continues to pursue the accomplishment of its roadmap targets, despite falling crypto prices. The exchange will purportedly increase the number of bitwhite coin hodlers as it will be a trading Base pair on the exchange. When asked about how the exchange will tackle concerns over growing hack attacks facing centralised exchanges, the developers said "the exchange is built with the latest security systems" adding that the exchange is a hybrid exchange (part centralised and part decentralised). The BitWhite digital assets trading platform has been dubbed another binance in the works, as it offers several innovative features, according to the original BitWhite telegram community update

Furthermore, the BitWhite team also announced the launch of its payment aggregator, Whitepay, with a broad range of use case features.

While it is yet not clear when the whiteex will go live, sources within the BitWhite administration say beta launch will take place in the first quarter of 2019. Bitwhite coin is listed on CMC, and is trading at $0.00369 at the time of filing this report.