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  • Rakuten Wallet launches after a five-month delay.
  • Android and iOS versions to be released soon.

One of the leading retail companies in Japan has launched its own cryptocurrency exchange. The launch was made public in a press release on Monday. The exchange referred to Rakuten Wallet will operate as a subsidiary of the parent company Rakuten.

According to the press release, Rakuten Wallet is offering spot trading for the cryptocurrencies – Bitcoin (BTC), Bitcoin Cash (BCH) and Ethereum (ETH). The platform plans to have trading services available for both iOS and Android versions.

“Customers who already have a bank account with Rakuten Bank will be able to easily open a Rakuten Wallet account simply by entering the required information on the online application form,” stated in the press release.

Rakuten Wallet launches after the parent company bought Everybody’s Bitcoin back in August 2018 for a total of $2.4 million. The exchange had been slated for launch in April this year but stalled.

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