LINE setup Bitbox for cryptocurrency trading service

Tinuku - LINE Corporation announced on Thursday it will launch a cryptocurrency sale service called Bitbox. Instant messaging applications from Japan will launch virtual currency trading services in July 2018 and can be used by all LINE users, except those in Japan and the United States.

LINE says Bitbox is only used to buy cryptocurrency with other cryptocurrencies, eg buying Ethereum using Bitcoin and not allowing the purchase of cryptocurrency using fiat currency. The company will present popular cryptocurrency including Bitcoin, Ethereum, Bitcoin Cash, and Litecoin.

Tinuku LINE set up Bitbox for cryptocurrency trading service

The Bitbox service will be available in fifteen languages, including English, Korean, and Chinese. Though originated from the chat app, LINE has now expanded into other businesses including the media with LINE Today, the job search business with LINE Jobs, to e-commerce business with LINE Shopping.