BitBay, a cryptocurrency exchange based in Poland, added the XRP / BTC pair to its offer. Along with Ripple, the exchange also added another cryptocurrency, called XIN.
XIN is a cryptocurrency evolved from the powerful Infinity Economics Platform. The coin offers reliable, secure and anonymous transactions while processing them in under 60 seconds. With the help of features like smart contracts and escrow services, it paves the way for a new digital economy.
To celebrate adding support for XIN, BitBay users have the opportunity to participate in the “Top 200 XIN Traders” competition, in which the prize pool is 1,000,000 XIN. The contest will end on April 12th.
BitBay was created in 2014 in Katowice. The goal was to create a platform that was not available on the Polish market – a professional and intuitive trading platform for buying and selling Bitcoins and Litecoins. BitBay CEO – Sylwester Suszek, who has a lot of experience in the finance world has been running the business from the beginning. He has previously co-created two large companies from a financial sector, and later, along with his partners, build a strong Bitcoin exchange.
The second version of theplatform was launched in 2015. The exchange system has been improved to be more user-friendly, as well as first professional trading tools have emerged. They added new cryptocurrencies such as Etherum or Lisk. At that time the team expanded from 14 to 31 employees. At the same time, they had been planning international expansion and have opened a second office in Amsterdam.
At the beginning of 2016, BitBay started to work on BitBay 3.0 version of the platform. The team has extended to 70 people at that time. In the meantime, new products such as BitcoinCantor and bitcoin payments appeared.
The premiere took place at the end of September 2017.