09/07/19 14:00 UTC±0

Belarus opened the first cryptocurrency exchange

The first cryptocurrency exchange of Belarus began its work
The first cryptocurrency exchange of Belarus began its work

The first regulated cryptocurrency exchange has started functioning on the territory of Belarus. The Belarusian exchanger was named iExchange. The company was launched in partnership with OKEx Maltese stock exchange.


iExchange – Belarus cryptocurrency exchange

According to the information on the official website of the exchanger, Belarus became the first state in the CIS, which accepted and completely legalized the cryptocurrency industry. The Belarusian Cryptocurrency Exchange, iExchange, will operate according to documents signed by the President of the Republic, Alexander Lukashenko.

According to the current legislation in the country, it is now allowed to “trade” (including fiat money) on the territory of Belarus, hold an ICOICO
(Initial Coin Offerings) is an acronym, which means a primary currency offer. Details
, sell goods and services for cryptocurrency. ”In addition, the site states that iExchange is a partner of the OKEx international cryptocurrency exchanger.

“Thanks to the implemented LEN (Liquidity Exchange Network) mechanism, we combine OKEx and iExchange customer orders into a single orderOrder
– automatic application to buy or sell cryptocurrency. Orders are used during trading on the stock exchange to open and close a position. Details
pool. Thus, we have completely solved the problem of liquidityLiquidity
– is a term that means the ability to sell any financial assets (below or above the market price). The term “liquidity” in Latin means “liquid”, “flowing”.Details
– iExchange.

The first cryptocurrency exchange in Belarus has opened. Recall that in Iran reported many Chinese miners who come to the country because of low electricity tariffs.


Editor: Yulia Krasnaya

See also: "Binance conquers Twitter: 1 million followers"

#Belarus #RepublicofBelarus #AlexanderLukashenko #iExchange #cryptocurrencyinBelarus #OKEx #OKExiExchange



Fiat money, funds