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The official launch of the Japanese Rakuten cryptocurrency exchange



The Japanese retail giant Rakuten officially announced the launch of its own cryptocurrency exchange called Rakuten Wallet.

Currently, the new platform is available as an Android mobile application and supports three assets: Bitcoin (BTC), Ethereum (ETH) and Bitcoin Cash (BCH).

According to the company statement, to ensure a higher level of security, users' funds will be stored in cold wallets, a system with multiple signatures for managing private keys will be used.

Also a prerequisite for using Rakuten wallet is the presence of two-factor authentication for depositing and withdrawing funds. The Stock Exchange intends to keep its clients' assets separate from its own funds.

The Rocket Wallet exchange was developed based on the Bitcoin Daily platform, which the Japanese corporation acquired in August 2018 for $ 2.4 million.

Initially, its launch was planned for April this year, then postponed to June, but only now.

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