Rakuten Wallet, the subsidiary of Rakuten – Japanese eCommerce company, has released its mobile application to enable trading of cryptocurrencies.
Rakuten had been hinting at entering the crypto industry for a while now. And marking the intention to keep up with its plan, the eCommerce giant acquired ‘Everybody’s Bitcoin’ crypto exchange last year and announced its plan to release its own cryptocurrency this year under the name of Rakuten Coin under its loyalty program.
The cryptocurrency exchange wallet will offer trading services for three cryptocurrencies for now: Ethereum, Bitcoin Cash, and Ethereum. It will be made available to customers who bank with the Rakuten’s online bank through an application which will first be launched on Android and then later on iOS.