MaidSafe, the UK-based company attempting to create a crowd-sourced internet, has announced that Yuanbao, one of China’s largest asset exchanges, will soon be supporting the trading of MaidSafeCoin in China. This agreement follows on from MaidSafe developer, Qi Ma’s recent introducing of MaidSafeCoin and the SAFE Network to Yuanbao’s customers at a roadshow in Bejing. MaidSafeCoin deposits and trading will be available from the 24th of June on and the company recommends that users transfer MaidSafeCoin via the Omni Web Wallet.
Founded in 2013 and with 250,000 users, Yuanbao is one of China’s largest cryptocurrency exchanges. With a peak trading volume of $100 million USD in a 24 hour period, the exchange facilitates the trading of 27 different currencies on the Yuanbao platform. Yuanbao is MaidSafe’s recommended partner for the Chinese market.
CEO of MaidSafe, David Irvine confirmed: “We are delighted to be partnering with a secure and reliable exchange, such as Yuanbao. The Chinese market is one that MaidSafe are particularly interested in supporting and this partnership is a great way to introduce MaidSafeCoin and the SAFE Network to a new and very important audience”.
Jelena Strelnikova, Foreign Cooperation Officer at Yuanbao, added: “By opening trading on the Yuanbao Exchange MaidSafeCoin is introduced to the broad Chinese market and to the welcoming Chinese community. It is our pleasure to be part of MaidSafeCoin’s success, and we are looking forward for further strategic and fruitful cooperation with the MaidSafe team.”