Alibabacoin Foundation successfully lists its native currency Alibabacoin (ABCC) on nine cryptocurrency exchanges on October 8. ABCC serves as the primary mode of payments and transactions on the platform. After this listing, partnerships with these nine exchanges are now finalized.
No other coin has achieved this feat till date, thereby marking the event as one of the first in the history of cryptocurrencies. The Alibabacoin Foundation, since its inception, has achieved many milestones such as the huge success of their ICO, successfully completing the airdrop of ABCC and incorporating the remarkable facial recognition technology for transactions.
Coin holders’ next concern was when they would be able to start trading using ABCC on these nine cryptocurrency exchanges. The foundation announced that from October 9, coin holders can start trading and depositing the native coin in all of the nine exchanges.
The withdrawal service will be live from October 10. That is why the company encouraged people to complete the registration and verification process in each of these exchanges in advance. It mentioned that if users complete the verification process in advance, they will be able to withdraw ABCC without any hassles.
Alibabacoin Foundation CEO Jason Daniel Paul Philip, also shared that the next major goal of the company is to collaborate with major shopping malls to enable the acceptance of the native coin, as a payment method, as stated in the AMBCrypto report. The company is planning to partner with 30 shopping malls including the likes of eBay and Amazon. He further announced that people can expect Alibabacoin Foundation’s own online shopping mall by the end of 2018.
The Alibabacoin Foundation is presently working towards preparing a cryptocurrency exchange business that combines global platforms to benefit people from all kinds of communities. The company’s ecosystem is composed of an innovative e-learning platform. This learning platform covers a wide range of topics pertaining to the cryptocurrency world. This e-learning platform allows users to grow and learn in the crypto industry, as stated in the Fintech report.[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]