BTC-e appears to have successfully launched a new bitcoin exchange platform.
Announced today via Twitter, WEX is allegedly the result of a months-long effort by the bitcoin exchange to return service to customers after it was raided and fined by US authorities in July. But despite its new URL, the WEX website notably mirrors the old BTC-e website in design, functionality and trading pair options.
Further, in a welcome message on its new website, WEX sought to differentiate itself from the BTC-e website, claiming that it is unrelated to that company. Despite having migrated over all the exchange's former users, the platform claims the technical teams behind the exchanges are different.
Adding to the claims is that the new website stated that it did not receive any funds from BTC-e, while at the same time alleging that it would abide by anti-money laundering and know-your-customer laws.
In the welcome message:
For the next three to seven business days, WEX will operate in a test-mode. Users will receive bonus crypto-tokens for transferring balances.
Upcoming steps in its relaunch process include restructuring its assets and undergoing an audit to confirm the new exchange is in compliance with laws and regulations for money exchanges.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.