Kicking things off

We’re excited to announce the launch of Bitcoin (BTC) trading on Cryptophyl. The first trading pair available is BCH-BTC. As part of our mission to grow the token economy, we’re always looking at adding new markets. Listing BTC allows us to connect the large BTC market to Cryptophyl and hence the SLP token economy. As with all markets on Cryptophyl, you can earn DROP, Cryptophyl’s native exchange token, simply for trading.

What’s next?

We’re working to bring new tokens and markets to Cryptophyl. We’re finalising the deployment of the BTC-USDH market and working with the HonestCoin (USDH) team to increase USDH liquidity on the buy side of USDH markets, accelerating the adoption of this regulatory compliant, SLP-based stablecoin. Additionally, SEPA transfers for token purchases will be supported soon, starting with USDH.

What is USDH?

USDH is the world’s first regulatory compliant BCH-based stablecoin, pegged 1:1 with the US Dollar. The goal of USDH is to be used in payment and remittance scenarios to allow for a secure, efficient and low-cost channel to transfer assets around the world. You can read more about USDH here.