BitMax: Cryptocurrency Exchange & Digital Asset Trading ...

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6 Cryptocurrency Exchanges That Don’t Require KYC | Nominex, Bybi, Binance, Bitmax, KuCoin & Bitcoin.com Exchange

6 Cryptocurrency Exchanges That Don’t Require KYC | Nominex, Bybi, Binance, Bitmax, KuCoin & Bitcoin.com Exchange submitted by EquivalentLeg5 to CryptocurrencyICO [link] [comments]

Bitcoin Plunges to $1 As Ethereum Hits 33 Cents on Crypto Exchange BitMax

Bitcoin Plunges to $1 As Ethereum Hits 33 Cents on Crypto Exchange BitMax submitted by n4bb to CoinPath [link] [comments]

Bitcoin, Ethereum prices fall massively on BitMax as users attribute it to exchange’s low liquidity

Bitcoin, Ethereum prices fall massively on BitMax as users attribute it to exchange’s low liquidity submitted by n4bb to CoinPath [link] [comments]

$PTF Huge team, huge backers $1.5m market cap

PowerTrade Fuel $PTF
PowerTrade is on a mission to be the easiest platform to trade crypto options.
For those new to crypto options, this means that with PowerTrade you can be bullish, bearish or both, on Bitcoin, Ether and other leading cryptocurrencies.
Currently crypto options represent a $0.03T annual volume vs $1T annual volume in the spot markets. Thus, there is much room for growth.
Key Features
Mobile First To give traders an optimal experience for trading options the PowerTrade platform is mobile-first with an intuitive interface for beginners and pros alike. This enables access to trading opportunities when at home or on-the-go.
Committed to Low Minimums New traders often wish to test platforms with low minimums. The PowerTrade platform uses fractional contracts which allow traders to get started with as little as $1.
Built for Beginner and Advanced Traders PowerTrade makes access to crypto options simple for beginner traders with a carefully designed trading experience. Through the same interface, advanced traders will also be able to execute sophisticated strategies from their mobile device such as iron condors, straddles, and strangles.
Token Use
There will be the Fuel Token on the PowerTrade exchange and the benefits are:
• Stake tokens to get reduced fees • Earn staking rewards • Liquidity mining incentives • VIP Access
There is also a DeFi alternative to an insurance fund, a DAO (decentralized autonomous organization) that provides cover for the exchange margin facility.
Token holders can vote on treasury management such as: • Hedging risk or seeking additional yield • Approving claims to cover exchange shortfalls • Providing cover services to other exchanges
Who is the team behind PowerTrade?
The team includes experienced executives, product, and trading folks from top institutions and crypto firms, including Liquid, one of the earliest and crypto exchanges that has done over $50B in volume in the last 12 months.
Other news
PowerTrade raised $4.7 million via token sales in a round led by Pantera Capital and joined by Framework Ventures, CMS Holdings and QCP Capital among others.
Prominent founders Kain Warwick of Synthetix, Loi Luu of Kyber Network and Bobby Ong of CoinGecko also participated.
Conclusion
As we’ve seen from FTX’s acquisition of Blockfolio, mobile-first products are very valuable and can unlock more engagement and usage from users. PowerTrade is looking to bring crypto options trading on the retail side with lower friction on onboarding and a higher bar for user experience. The options market is growing and poised to be substantial while other adjacent instruments could be explored. The team has the right mix of institutional/trading and crypto experience and with the this supporting cast of investors, is in a great position to deliver on their vision. With success, I can see the entire crypto derivatives market expanding to more mainstream users and growing exponentially.
You can trade PTF on Uniswap here:
https://app.uniswap.org/#/swap?outputCurrency=0xc57d533c50bc22247d49a368880fb49a1caa39f7
You can view PTF listing information on Uniswap here: https://uniswap.info/token/0xC57d533c50bC22247d49a368880fb49a1caA39F7
You can trade PTF on Bitmax here: https://bitmax.io/en/basic/cashtrade-spottrading/usdt/ptf
Trading Information and tools:
• Coingecko: https://www.coingecko.com/en/coins/powertrade-fuel
• CoinMarketCap: https://coinmarketcap.com/currencies/powertrade-fuel/
• Dextools: https://www.dextools.io/app/uniswap/pair-explore0xbe38a889d67467b665e30e20ee5604a6f5696e38
Price $0.19 Market Cap $1.4m
Key Investors include pamtera capital. 4.7m in funding.
submitted by therealfacemelter to CryptoMoonshot [link] [comments]

Best Potential Moonshot Hands Down; TRUSTSWAP (SWAP) Full DeFi Suite, Simple P2P Trustless Escrow, and Great Tokenomics!

Trustswap https://www.coingecko.com/en/coins/trustswap
Okay guys I've spent the last two days learning about this token and I've come away very impressed. I think this token may be a serious contender for best performer this year. On the TrustSwap social platforms it feels like 2017. Here's some info about the company.
TrustSwap is a DeFi project created by the founder and CEO of Uptrennd Jeff Kirdeikis. Most notably he has the largest cryptocurrency investing group on Facebook, and he is what Tom was to MySpace but for Uptrennd. He host The Bitcoin and Crypto Podcast which is actually very good, and he has a massive following on Twitteother social. Better yet, this guy is a marketing genius like a less annoying Justin Sun. He has a pipeline of good news lined up and knows when and how to release that information on the masses. Everything he does seems meticulously thought through. He continually affirms his commitment to get SWAP listed on high volume exchanges with MXC yesterday, Hotbit today, and Houbi/Bitmax tomorrow he is actually succeeding. He is also very responsive and has team moderators standing by in the social media channels to field questions/vanquish FUD.
Here are the basics:
TrustSwap is building a DeFi ecosystem that will start out as a simple P2P trustless escrow and payment platform and evolve into a fully decentralized exchange (DEX) with leverage and futures options all offered via non-custodial smart contracts. They will also offer multi-chain token wrapping as a service and on-chain governance using the native ERC-20 token SWAP.
Imagine being able to wrap BTC, Monero, Digibyte, or any crypto and then trade it on uniswap, or have it interact with Ethereum compatible wallets, and applications.
Through this, you can move funds cross-chain without ever having to sign up to a Centralized Exchange, allowing you to never have to KYC, staying fully anonymous across exchanges.
Wrapping tokens also offers huge benefits to new blockchain projects that have their own chain, allowing them to save massively on listing fees, as well as instantly be connected to strong wallets and decentralized exchanges.
This puts the ability to trust back in the investor's hands and might spark a new ICO boom as new projects eager to establish credibility rush to use it. So yes beautiful wrapping everything layer 3 solution my brothren. And highly incentivised holding economics, for example rewarding users from fees collected from the DeFi network! And staking;
All fees paid to the platform will get split as follows:
80% goes back to holders as staking rewards
10% are burned forever (adding that value back to token holders)
10% goes to the dev fund which can be used as the community sees fit
This project has massive potential and is already building a strong community foundation with big moves coming soon as more exchanges and markets come on board. The staking and deflationary tokenomics make this a long term HODL for me.
Token Metrics:
Total Supply: 100,000,000 SWAP
Circulating Supply: 62,500,000 SWAP
Market Cap: $3.6 million
60,000,000 SWAP Initial liquidity offering on uniswap about two and half days ago, price dropped at like $0.035. Volume bottomed out and rising again (same with holder count).
20,000,000 Team Supply
20,000,000 Marketing, development, legal, bounties, OTC investors, airdrops.
LINKS:
Website: www.Trustswap.org
Discord: https://discord.gg/GNUrcK
Telegram: t.me/TrustSwap
Token address; https://etherscan.io/token/0xcc4304a31d09258b0029ea7fe63d032f52e44efe
Uniswap; https://app.uniswap.org/#/swap?inputCurrency=0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2&outputCurrency=0xcc4304a31d09258b0029ea7fe63d032f52e44efe
Extra nugget from Jeff on Discord; "@everyone
SwapLogo SWAP is listing on Hotbit this Monday! SwapLogo https://hotbit.zendesk.com/hc/en-us/articles/360051689713
This is the first step into TrustSwap's emergence in the Asian markets. We are going to be kicking off major marketing campaigns with an Asian marketing firm within the coming week to follow up this listing.
We also have a couple more Top-50 listings lined up for this week as well
When we had a vote to see which exchange you wanted to see SWAP listed on, Huobi was the winner by a massive margin, so we will be opening up the conversation with Huobi to get SWAP listed on there also in the near future."
DYOR!! Godspeed! I'll see you guys on the other side!
To address FUD about OTC investors dumping, yes they are dumping, it's my belief most weak hands have exited the market, they got in at $0.005 per SWAP.
submitted by Rational_Optimist to CryptoMoonShots [link] [comments]

Bitcoin Cash is now available to Japan's 81M monthly active users of LINE

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Weekly Update: ParJar Swap private beta, Fantom Opera Network Special-fee Contract, SelfKey + ThreeFold, Open Staking live on Harmony…– 15 May - 21 May'20

Weekly Update: ParJar Swap private beta, Fantom Opera Network Special-fee Contract, SelfKey + ThreeFold, Open Staking live on Harmony…– 15 May - 21 May'20
Hey Parachuters! Seems like ages since I last posted a weekly update, right? Unfortunately, got super busy with IRL work and couldn’t keep up. But fret not! I finally scraped some time out today to get upto speed with all the news from the Parachute universe in May and June and organised them into a series of weekly updates like the ones I used to write earlier. But instead of posting them one by one everyday, thought it might be best to release them all at one go. So here's Part I of VI - All that happened at Parachute + partners from 15 May - 21 May'20:

The ParJar swap feature beta testing started this week with a call to testers far and wide. Click here for the latest update and stats on ParJar straight from Cap's mouth - "...it took almost two years of betas and growth to reach 1 million tips (March 7th) nd it’s taken 2 months to to add another 400k..". Amazing! The #par4par raffle continues with a 500k $PAR pool. Peace Love hosted a general knowledge trivia in TTR this week for 10k $PAR in prizes. Gamerboy’s random trivia and Victor’s “Big Trivia” in Tiproom were quite fun as well. Naj (who’s also this week’s Parena winner) hosted a six set quiz in TTR. Charlotte’s been hosting quizzes in a new format for quite some time now. This week too she held one in Tiproom. Jason started a #culturalweekend prompt with an invitation to Parachuters to share "about a cultural dance or ceremony" from their area. "Explain in detail about the dance and why it is important" for some cool $PAR. Among many of the cool stories shared by Parachuters included Nico’s Occitan music from Italy and Soleira’s Dancing Devils of Tinaquillo. Congratulations to Clinton’s FLI charity for partnering with Lumenthropy which is Stellar's philanthropic arm. Remember, all profits from the Parachute Shop go to FLI. Another crypto league with a 150k $PAR prize pot started this week. Gian’s Two-For-Tuesday was a free for all. To revisit all the awesome music posted for 2FT, check out the playlist made by Sebastian.
Naj came back from near certain defeat in the finale to win this week’s Parena
aXpire CEO Matthew Markham penned an article on remote work and billing software for legal firms. An updated e-flyer for Bilr was released as well. To track the latest $AXPR burn, click here. 2gether added customer support capabilities to their Twitter, Facebook and Discord. Plus, an incident tracker status page was added this week. The XIO dApp which is still in private beta has already seen 500k+ $XIO tokens locked into it. Awesome! To get a feel of how the dApp works, check out Dash’s latest video demo where he also shared some updates on tokenomics. Uptrennd founder Jeff Kirdeikis interviewed Dash over an hour long session to talk all things XIO. $XIO got listed on Idex. Click here to watch an update video on the latest developments. For XIO discussions this week, Citizens brainstormed over the base liquidity pair on Uniswap V2. DeFi Nation’s Clayton Roche wrote a detailed commentary on what XIO is doing right. Birdchain’s mid-May update came out this week. Voyager hosted a business update conference call this week. CEO Steve Ehrlich talked about the platform and crypto in general with Charlie Shrem on the Untold Stories podcast this week. Voyager’s Q3 2020 results were released. Still figuring out how to fund your Voyager wallet? Watch this video to find out. An upgrade to Fantom’s Opera Network was pushed which allows staking different amounts over time. For the latest project update, click here. A community AMA also happened this week where the team talked about a new staking proposal called Fluid Staking. Jeff from Uptrennd sat down to interview IOST co-founder Terry Wang this week. Uptrennd broke into the top 20k Alexa global rankings. Woohoo! GET Protocol’s GUTS Tickets app is now available in Italian as well. DoYourTip’s $DYT is now available on Uniswap V2.
What a welcome sight for support engineers. Source: https://2gether.statuspage.io/history
Switch’s $ESH token was listed on Stex, ProBit, Crex 24, Hotbit, Bilaxy and Bitcoin.com this week. Bitcoin.com also announced support for the $GHOST airdrop along with a deposit and trade competition. Continuing on its acquisition spree from last week, Switch acquired gaming platform Wavesbet and voting dApp ClearPoll. Whitepaper for the GHOST project by John McAfee was released. They will be airdropping their tokens 1:1 to $ESH HODLers on the 25th. The release of $GHOST has been contentious to say the least. Reflecting on some of the plagiarism allegations levelled against the project, the crew shared their side of the story. The team also sat down for an AMA with Coiner Vietnam. District0x’s latest weekly update talked about the upcoming DappDigest and new developments in Meme Factory among other news. The Q4 2019 quarterly report was released as well. Read all about Hydro’s Financial Offers framework here. If you are a graphic designer, don’t forget to check out this gig at Sentivate. US-residents only. OST’s Simona Pop will be attending a panel discussion by Outlier Ventures next week to talk about dev onboarding. P2P internet ecosystem ThreeFold announced a multi-faceted partnership with SelfKey for KYC and new user onboarding services. Following last week's community vote on the most attractive marketplaces, Passports Marketplace was found to be the most popular. This week, the community voted on their most preferred blockchain to be added to the app. Bank of Hodlers joined SelfKey's Loans Marketplace while Tokens.net joined the Exchanges Marketplace. COTI did a study on IoT payments and how it could offer a solution. The project was selected for the next listing vote on Gate.io. COTI community also got an opportunity to interact with the AtomicWallet team through an AMA this week.
Hydro has been constantly updating its dev tools to offer a seamless developer experience
Click here to read the latest Constellation Hypergraph mainnet stats. New features were added to the Molly wallet. Click here for steps to install the wallet. TheDailyChain expanded on how the $DAG ecosystem was growing. Pynk CEO Seth Ward wrote about the future of fintech in his EM360 article. Congratulations on crossing the 1k follower mark on Medium. In Shuffle Monster news, most of the $SHUF liquidity on Uniswap was moved to the V2 pool this week. New features were added to the Wibson app with the latest release giving more data control powers to the end user. Pre-staking started on the Harmony mainnet with the opening up of bids by validators followed by the election of the first batch of validators thereby marking the start of Open Staking. And just after, Harmony became the first ever blockchain to support sharded PoS. The news of Open Staking going live was covered by Coindesk and Cointelegraph. More details on what next was shared in a Coinspeaker article. How does a delegator fit into the overall scheme of things? Check out this video. Open staking noobs will find these 101 tutorials helpful. CTO Rongjian Lan also did a community call to explain about it. For the latest development updates otherwise known as #pow thread, click here. Harmony’s EPoS is designed to be fair to all stakers. So make sure to optimise your staking rewards. $ONE Binance wallets were taken down briefly for a temporary maintenance activity. They now support the mainnet coin. Hope you had a chance to participate in the guess-effective-median-stake contest to win some cool $ONE prizes. Click here for the latest staking stats. $ONE was added to Binance Savings which offers a fixed rate of return on locked savings. A minor bug in the staking bug was removed. The APR numbers should get calculated more accurately now. The crew appeared for an AMA with StakingHub. Congratulations to the winners of Stake Heist! Binance and BitMax announced support for staking with BItMax crew also appearing for an AMA. IntelliShare crew sat down for an AMA with CoinNess this week.

And with that, we have to close for this week in the Parachuteverse! See you again with another update. Ciao!
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Mantra Dao on BlockchainToday [Translated with google translate]

[Blockchain Today Reporter Jieun Lee]
MantraDao listed its own issued token OM on the cryptocurrency exchange BitMax on the 25th of last month.
The Mantra Dao team and Bitmax announced that they will start the OM staking pre-experience event at the same time as the online event.
Financial services based on blockchain are attracting attention recently. In particular, with the emergence of financial protocols that can be combined based on Ethereum (ETH) protocols such as Maker Dao (DAI) and Compound (COMP), we are rapidly building a new paradigm for decentralized financial (DeFi) services.
However, problems such as network congestion and increased transaction costs occurred. As a result, Mantra Dao, a DeFi-based platform that surpassed the limitations of existing infrastructure, was born.
Mantra Dao is an open finance based on the existing Ethereum-based DeFi ecosystem. It supports staking and lending services, while providing DeFi for various cryptocurrencies.
The mainnet of RioChain, which is based on Polkadot Substrate, is composed of main elements, helping to expand the service more efficiently and easily. Through RioChain, Mantra Dao users can receive rewards for staking on other chains, including Bitcoin.
Currently, Mantra Dao's main functions include △staking & lending △incentive system △autonomous governance. The DeFi products can be accessed cross-chain through various staking and lending platforms, and the RioChain ecosystem-based project is supported through an incentive system. In addition, it is operating autonomous governance through voting so that more participants can participate.
Interaction with the Mantra Dao platform is very simple. For Mantra Dao's staking service, users only need to designate and entrust an enterprise-class node infrastructure. Depending on the asset situation, the potential interest rate and OM reinforced interest are paid to the user, while maintaining the user's cryptocurrency assets.
The total issuance of Mantra Dao's OM tokens listed on Bitmax this time is 888.888888 OM, which has finished from private sale to public sale, IM01, IMO2, IMO3.
[[email protected]](mailto:[email protected])
Source: Blockchain Today (http://www.blockchaintoday.co.kr)
submitted by archozzy to MantraDao [link] [comments]

Weekly Update: The Parachute culture, $COTI on Gate.io, Pynk crowdfunding campaign live, Voyager + Sterling Trading Tech…– 22 May - 28 May'20

Weekly Update: The Parachute culture, $COTI on Gate.io, Pynk crowdfunding campaign live, Voyager + Sterling Trading Tech…– 22 May - 28 May'20
Heyo! Continuing with our six-part catch up series to get up to date on the May and June news from Parachute and partners, here’s Part II of VI (22 May - 28 May'20):

If you're in crypto, there's often the random pump/moon/wenBinance talk that props up from time to time in groups. Especially, when someone new joins a project and is unfamiliar with the community culture. At Parachute, we have always made it a point to have more meaningful discussions than price. Cap shared some of his thoughts on this as well. For the #culturalweekend prompt this week, Jason got Parachuters to share about “something weird your family does that is a tradition for them but not a traditional tradition”. Peace Love’s Big Trivia in TTR was quite fun as always. The beta testing group for ParJar swaps was set up this week. Also, Chris organised something amazing this week which will possibly remain a secret amongst Parachute admins (and Doc Vic 😊 ). But if word of it ever goes out, you’ll realise why Parachute is the most wholesome project in all of crypto. Chris also gave out some cool $PAR to folks in the Parachute channel to talk about "something that you didn't spend much money on that had a big impact on your quality of life". This week's Two-for-Tuesday featured music from "female artists, including bands with at least one female member". Click here for the playlist. Thanks Sebastian!
Some good cheer from Alexis all the way from Germany
aXpire’s May recap video covers product updates from Bilr, PayBX etc. To track this week’s 20k $AXPR burn, click here. The team also shared success strategies for law firms. 2gether co-founder Salvador Casquero wrote about best security practices in finance. A new update was pushed to Wednesday Coin’s dApp, WednesdayClub. In this week’s XIO discussions, Citizens talked about ideal time allocation strategies for research and execution. Top Citizens on the Leaderboard stand a chance to win some cool merch. Also, watch out for pesky scams. Voyager announced a partnership with Sterling Trading Tech to launch a crypto trading widget. Proactive Investors covered Voyager in its latest piece chronicling their growing user base. As mentioned in a previous update, CEO Stephen Ehrlich’s crypto investment webinar happened this week. Switch crew did a community AMA just before the $GHOST airdrop snapshot. The team expanded with new dev hires. In preparation for the $GHOST airdrop, ProBit completed its $VSF:$ESH swap and Stex announced support for $ESH/$GHOST airdrop. $ESH was listed on HitBTC and Changelly. Folks who guessed these exchanges correctly won some tokens as well. Founder Josh Case sat down with Mr. Backwards for an interview. Among several updates to the Ghost website, a staking calculator was added. Click here to read the latest technical update from Fantom. $FTM was in the running to be added as a collateral for DAI. Congratulations to Uptrennd for becoming the highest ranked blockchain-based social media platform as per Alexa. They started a SmartLink campaign with 2key Network. The first Uptrennd halvening went live this week. The team is reachable on Discord from now as well. District0x’s latest District Weekly and Dev Updates can be read here and here respectively. Hydro team shared their thoughts on how virtual cards for independent contractors (otherwise referred to as 1099 employees) could improve reimbursement practices. Entries for their Decentralization Ambassador program were opened this week.
These look great, XIO team
This is what is planned for the GHOST ecosystem currently
SelfKey compiled a master list of crypto lending platforms. The Loans Marketplace will feature many of these. Full transcript of the May 12th AMA was released. SelfKey advisor Edmund Lowell spoke at the BlockConf DIGITAL conference this week. Mongolian exchange AIS-X joined the Exchange Marketplace. Pynk’s crowdfunding campaign on Seedrs went live this week. Check out their campaign video here. Amazing production! Plus, this cool feature in City A.M. was the perfect way to close off the week. Wibson hosted a meetup (online of course!) for its Spanish speaking community this week. The crew also introduced the app at an Ethereum event in Buenos Aires. Harmony burned all mainnet tokens mined before Open Staking going public. The latest staking stats and validator data can be seen here and here respectively. That’s right, 3B+ $ONE is already staked. Woohoo! With its latest CoinDCX listing, $ONE got its first INR trading pair. Saweet! The major improvement proposals that were discussed with the community this week were making Open Staking more decentralized and creating a more liquid staking market. This led to the first release after Open Staking. The winners of the effective-median-stake contest were announced. Hope you got a chance to take part in the Flash Quiz. Do you know about all the projects that have been built in the Harmony ecosystem? Here’s a rundown. The team hosted an AMA as well. BitMax changed some of its rules for $ONE staking. Check out COTI’s latest network growth stats here. And super congratulations on winning the Gate.io listing vote! $COTI was also added to Binance’s Locked Savings staking program. Broking platform Troy Trade partnered with COTI to improve its scalability. DoYourTip’s $DYT now has 2500+ HODLers. Neat! Mycro was invited to join BitForex’s app platform CAPP Town. GET Protocol’s GUTS Tickets was covered in Cryptogeeks’ latest blogpost on blockchain-based ticketing.

And with that, it’s a wrap for this week in Parachute and partners! See you again with another update. Cheerio!
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BitMax Weekly Roundup

One-minute Digest on Us and Market

Aug 8 — Aug 14, 2020

Market Watch

Platform Update

Activity in Spotlight

Join special promotions for Geeq (GEEQ) to share rewards of 120,000 USDT in GEEQ tokens

Latest Listing

Aug 11 — Serum (SRM) listed under the trading pair of SRM/USDT. SRM/BTC trading pair was latter added. ATH ROI: 1906.53%.
Serum is the world’s first completely decentralized derivatives exchange with trustless cross-chain trading brought to you by Project Serum, in collaboration with a consortium of crypto trading and DeFi experts.
Aug 14 — Jarvis Network (JRT) listed under the trading pair of JRT/USDT.
Jarvis network is a set of protocols on Ethereum which allow to gain exposure to the price of any asset, through on-chain synthetic assets and/or off-chain leveraged position collateralized by stablecoins, against liquidity pools equipped to remain market neutral.

DeFi Project Highlights

BitMax’s Insights

Aug 12- George Cao, co-founder & CEO of BitMax, was invited by Crypto Tonight to attend D-Hour Ep2. From WallStreet to Crypto, Dr. George Cao shared his insights into institutional adoption, regulatory change, structured product, and derivatives trading in this ever evolving crypto market.

What’s Upcoming

Note: Please refer to announcement on bitmax.io official website for further details
submitted by o2ziga to BitMax [link] [comments]

Today Japan's largest messaging app & social network LINE open in-app crypto exchange BAT inside

Today Japan's largest messaging app & social network LINE open in-app crypto exchange BAT inside submitted by Wega58 to BATProject [link] [comments]

BitMax Weekly Roundup

One-minute Digest on Us and Market
Aug 1 — Aug 7, 2020
Market Watch
- Total Market Cap of Digital Assets: $358 bln (as of Aug 7, 10:00 a.m. UTC, CoinMarketCap)
- Bitcoin’s Weekly Price Range: $10,960 — $11,970
- BTC and ETH extended the rally this week, up by 7.70% & 19.98% respectively.
- Weekly increase of asset holders by blockchain address: 8,771,380 for BTC, 68,621,171 for ETH
Latest Listing
Aug 6 — Geeq (GEEQ) listed under the trading pair of GEEQ/USDT.
Geeq is based on a new blockchain consensus protocol called Proof of Honesty (PoH). PoH empowers users who hold tokens on the platform to determine for themselves whether the network of validating nodes is behaving honestly.
Aug 7 — Serum (SRM) listed under the trading pair of SRM/USDT. SRM Auction started on 10:00 a.m. EDT. Trading to start on Aug 11.
Serum is the world’s first completely decentralized derivatives exchange with trustless cross-chain trading brought to you by Project Serum, in collaboration with a consortium of crypto trading and DeFi experts.
• DeFi: Market cap: $9,499,104,663 (As of Aug 7, 1 p.m. UTC, CoinGecko), Total value locked: 4.46 bln (as of Aug 7, 1 p.m. UTC, Defi Pulse)
DeFi Project Highlights
- Swingby (SWINGBY) Staking Service: Stake SWINGBY to compound rewards. Est. Compound Annualized Return (APY) up to 65%.
- 3-Month Orion Protocol (ORN) Pre-Staking Program: 39% Est. Annualized Return for the first month.
- 3-Month XDai (STAKE) Pre-Staking Program concluded on Aug 5, 2:00 p.m. UTC. BitMax will make the official transition to xDai (STAKE) on-chain staking.
What’s Upcoming
  1. Deploy Isolated Margin Mode for Futures Trading
  2. Display of Project Introduction on Trading Pages for PC and App
Note: Please refer to announcement on bitmax.io official website for further details.
Note: Please refer to announcement on bitmax.io official website for further details.
submitted by o2ziga to BitMax [link] [comments]

BitMax Reveals Japanese First Choice Is Ripple

The Japanese cryptocurrency exchange BitMax has organized a survey in which the exchange revealed that the Japanese traders are leaning towards Ripple.
As per the survey, it was found that out of 1496 traders around 25% (374) stated XRP as their favorite coin. While comparing to 388 traders who found BTC as their first choice and rest 135 stated that they use Ethereum.
This is very exciting to know that breaking the traditional believes of Bitcoin is very popular with Ethereum following the second position. Ripple has outperformed ETH. However, the survey was just done picking a smaller sample size. But the results put the crypto traders in surprise and to discuss what is cooking in the Japanese exchange market.
Read more
submitted by thedailybuzz24ripple to RippleTalk [link] [comments]

BitMax Reveals Japanese First Choice Is Ripple

The Japanese cryptocurrency exchange BitMax has organized a survey in which the exchange revealed that the Japanese traders are leaning towards Ripple.
As per the survey, it was found that out of 1496 traders around 25% (374) stated XRP as their favorite coin. While comparing to 388 traders who found BTC as their first choice and rest 135 stated that they use Ethereum.
This is very exciting to know that breaking the traditional believes of Bitcoin is very popular with Ethereum following the second position. Ripple has outperformed ETH. However, the survey was just done picking a smaller sample size. But the results put the crypto traders in surprise and to discuss what is cooking in the Japanese exchange market.
Read more
submitted by thedailybuzz24ripple to u/thedailybuzz24ripple [link] [comments]

Survey: Japanese Cryptocurrency Holders Favor XRP over ETH?

Japanese cryptocurrency exchange BitMax has carried out a survey asking its traders to vote for their favorite cryptocurrency. As per the Survey, 26 percent of traders prefer Bitcoins and 25 percent prefer XRP whiles only 9 percent prefer in ETH.
Read more on bitcoinft.com
What is your favorite cryptocurrency?
submitted by bitcoin_ft to u/bitcoin_ft [link] [comments]

List of Kava Partnership Announcements (Constantly Updated)

submitted by Kava_Mod to KavaUSDX [link] [comments]

GAINS Announcements

Crypto News Summary- May 6
🔹 General News: — Ukraine considers using nuclear plants for cryptocurrency mining — Dutch central bank gives crypto firms ultimatum to register
🔹 Coin Specific News: — Bitcoin breaches $9.2K as open positions on CME Futures hit 10-month high — Frontier Wallet will offer Elrond DeFi products & staking tools — RiveX (RVX) will have a premiere listing on BitMax on May 8 — GeoDB to be listed on Bitforex as of 8th May — JUST (JST) will have a premiere listing on Poloniex on May 7 — Celo Network reveals over 20 new alliance members — Ripple joins ISO Global standards body on cross-border payments
🔹 Exchanges: — Bitfinex launches Bitcoin dominance futures
🔹 Cool tech fact: In 2010, Finland became the first country to make access to the internet a legal right to its citizens
💬 Quote of the day: Your personality is a phantom even more insubstantial than your body. Personality is a work of art... it’s like music, which vanishes as soon as it’s played. —Alan Watts
🔹 Brought to you by @GainsANN
submitted by GAINS-Associates to CryptoNews [link] [comments]

Weekly Update: Mini-Parenas, Hydro AMA on Uptrennd, Wibson app update, SelfKey’s $KEY on Hotbit... – 24 Jan - 30 Jan'20

Weekly Update: Mini-Parenas, Hydro AMA on Uptrennd, Wibson app update, SelfKey’s $KEY on Hotbit... – 24 Jan - 30 Jan'20
Hi Parachuters! Here’s part IV of VII as we catch up - your week at Parachute + partners (24 Jan - 30 Jan'20):

In this week’s Parena(s), Cap hosted mini-Parenas (smallest, 2nd smallest, 3rd smallest) this week along with a main Cloodfest which Jeff won to take home 25k $PAR. We also had a special 2nd quick subsequent Parena between Nathan and Foo to determine the 3rd and 4th positions. Alejandro will be hosting a CoD flash game in gun game mode next week in the Parachute War Zone. This week Doc Vic hosted an NBA and Soccer raffle. Bose's History Trivia in TTR was super fun and had 2k $PAR in prizes per question. Gamer Boy’s math trivia had TTR fans reaching for a calculator. Haha. Foo hosted another intense trivia in TTR as well. Afful held another one too for 1k $PAR prize per question with a 10k $PAR prize pot. Cap joined a Y Combinator startup school session to network with other entrepreneurs and gain insights on product growth. Congratulations to Aims1 for winning the #parttrenjraffle (shared in the last update) and becoming the proud owner of two rare collectibles. Gian hosted a rapid round of name-a-tennis-player for $PAR prizes to mark the Australian Open underway. TTR launched a GIF contest this week with a 40k $PAR prize pool. Sweet! Chris announced the restart of the Parachute Super Bowl Squares with a prize pot of 1M $PAR. Whoa! For this week's Two-for-Tuesday we had folks posting songs "featuring bands with amazing guitarists". Great theme GC! For #wholesomewed Jason got Parachuters to talk about pets they wished they had. In the latest #FPL update shared by LordHades, the top 3 spots are still occupied by LH, Alexis and Novel Cloud. Click here for the full update.
Some neat feedback on ParJar from the Y Combinator startup school session
Cap: \"a sneak peak at a one pager we're cooking up\"
The aXpire team was in India this week for a workshop geared towards the release of Bilr. 20k $AXPR burn for the week happened like clockwork. 2gether’s consumer spending report (which was released last week) was covered by Coin Rivet this week. Check out 2gether’s 2019 journey, here. Spanish speakers, you can listen to Founder Salvador Casquero’s thoughts on digital business which he shared with AEFI Fintech Association here. FunOntheRide’s new tutorial video explains how the 2gether card works. This week’s #XIOSocial discussions revolved around high-value-no-profit companies and Citizen’s thoughts on “inverted lending platform”. Read about how to earn to earn crypto and about the SMS industry from Birdchain’s blog. Still waiting to check out the 3 new communities on Uptrennd? Click here to have a peep. If you didn’t know this already, you can now create polls on your posts on Uptrennd. Cool! Click here to read about more updates. Hydro crew sat down for an AMA with the Uptrennd community and gave away 100k $HYDRO tokens for the best questions. Jeff’s interview of Zero Collateral DeFi came out this week. You can read about it here. Congrats to the winners of the Uptrennd Meme Contest. Those were hilarious! For a sneak peek into Uptrennd 2.0’s designs, click here. Steven Aitchison's (CYT Crypto) latest video features the platform. Have a look! The District0x community voted to have industry news in the next DApp Digest stream. For the latest District Weekly, click here. Hydro made it to Crypto Weekly’s list of 250 crypto companies to watch in 2020. The Hydro team wrote about Financial Health Check and Emergency Savings Fund tools to get you prepared for a rainy day. Their article on challenges during digital onboarding processes at banks should be an eye opener for legacy organisations. Epic work Artefe Crypto Art! How will Digital Identity Management play out in the Hydro Pay app? Click here to find out. Silent Notary’s AMA with Quora Inner Circle was last week. Its transcript was released this week. This week they appeared for an AMA with The Block Circle. The Ubikiri app was released this week to the App Stores. Winner of Round 1 of Traders Battle was announced. And just like previous weeks, they posted daily summaries of dev work progress (1, 2, 3, 4, 5, 6, 7, 8, 9).
Uptrennd 2.0 early previews look great!
Sentivate’s $SNTVT token is now supported on the Enjin wallet and does not need to be added as a custom token. Ahead of ETHDenver, where OST’s Pepo app is the official community app, a guide was published. The latest update allows login with a multitude of IDs. CEO Jason Goldberg was interviewed by Jason Nelson (Crypto Insights Journal) where he talked about community building on the blockchain. Check out this blog post by State of the DApps which discusses unique use-cases of Pepo. SelfKey’s $KEY token is now tradable and playable on Play Royal. To celebrate the occasion, competitions were launched with prize pools worth USD 6k in $KEY tokens. The token was also listed on Hotbit and InstaSwap this week. Click here and here for sneak peeks into the SelfKey mobile app under development. Constellation CEO Ben Jorgensen spoke at the Crypto 2020 Summit this week. Community member Constellation LV is currently working on a Ledger app for the project. Click here for a preview. A Russian language section was added to the website. CTO Wyatt Meldman-Floch demonstrated how double spend attacks can be prevented. In Yazom’s January update, founder Sanjé Witter shared that the open beta was on course for release in a couple of months. Pynk’s Rose AI continues to learn and self-improve through advanced algos and inputs from Super Predictors. Read more about it here. Unsure what crowdfunding and seed rounds mean? Pynk will be raising through this mechanism soon. In preparation for it, they released an article to explain what it is and how to pre-register for it. Plus, an article on compounding explains why it is so powerful. A new update for the Wibson app was released this week. The latest version of their protocol paper covers secure data exchange and batch payments. Harmony’s $ONE token swap was covered by Coindesk and BeInCrypto. BitMax launched a BitTreasure event where users earn interest on $ONE deposits. Harmony hosted a dev community meetup in SF in collaboration with Polkadot, Taxa Network and Nervos Network to discuss on Web3. GET Protocol crew appeared for an AMA with Cryptoverse this week. GUTS Tickets got featured on Finnish tech blog Tivi. Crypto Jen (Jenny from the Blockchain) joined Global Crypto Alliance as an advisor this week. $CALL is now supported on Eidoo wallet. The transcript of last week’s COTI AMA with tehMoonwalkeR can be seen here. COTI released incentive plans to reward its TestNet node operators. TxBit exchange announced its support for DoYouTip’s $DYT token swap. ParJar holders will also have their tokens swapped automatically.

And with that, it’s a wrap for this week at Parachute and partners. See you again soon. Cheers!
submitted by abhijoysarkar to ParachuteToken [link] [comments]

Weekly Update — August 30, 2019

Dear Community,
After another exciting week at Ferrum, with the official listing of FRM on Binance DEX, enormous growth on the Social Mining platform in terms of users and quality content, we now invite you “under the hood” of this past week.
Ferrum Network Business Update
To start off, let’s shed some light on the business/marketing/operations side of Ferrum. Within the cryptocurrency space, a day feels like more than 24 hours and time zones are nonexistent. The constant demand for positive news can be challenging, especially in a down market. Nevertheless we remain focused on achieving our goals.
Exchanges
First, the Binance DEX listing on the 26th of August which means FRM tokens issued as BEP-2 tokens can be traded against BNB. We are proud to have achieved this less than a month after our ICO and foresee positive cooperation with Binance in the future.
Our next goal is to list on a 3rd exchange to truly match the current demand for trading options and liquidity. While the listing is confirmed, we are strategizing about the right moment to announce and list.
Social Mining
This industry can feel like a game of chess at times, make the wrong move and suddenly have an entire army of opponents lined up ready to strike. But make the right move, those opponents can change sides and join your team. All analogies aside, we keep a close ear to what our beloved community is saying and do as much as we can to meet and exceed their expectations.
As we’ve seen immense growth on our Social Mining platform, we are delighted to find that our community has been increasingly supporting us. We are nearing 2000 users on the platform and see the content improving every single day. Given the fact that we have 11 months of Social Mining left (with extension likely), it’s exciting to think of what lies ahead.
Ferrum Network Technical Update
We’d like to provide a technical update on he backend of Ferrum and the products within our ecosystem. In particular, we’ve seen demand for additional utility for the FRM token, and we have listened.
Staking Mechanism Preview
We’ve decided to release the staking mechanism that was originally meant for the UniFyre wallet ahead of schedule. Development that was originally planned to be start mid-September is now being actively worked on and progress has been made. Significantly, we wrote a smart contract with the possibility of flexible staking schemes on top of the Ethereum blockchain.
On the front end of the new staking mechanism, we’ll be releasing a straightforward web-based user interface similar to the Token Bridge so people can easily stake their FRM. Although a full featured staking mechanism will be available within the UniFyre Wallet, we’ve decided to release the staking mechanism early to meet current demand.
Token Bridge is Now Live in Both Directions
In addition, our Token Bridge can now swap BEP-2 tokens to ERC-20 tokens in both directions! This allows users to possess FRM in any form desired. Prefer to trade BNB against FRM on Binance Dex? BEP-2 tokens are your friend and you can swap the ERC-20 tokens as you please. If you prefer to trade on Bitmax.io or want to use your tokens for Social Mining, you can swap to ERC-20 token with ease.
We wanted to develop a token bridge that was easy as filling in a simple form and pressing a few buttons. Since many new projects currently follow the same structure of having multiple token-forms, token bridges will become more and more important. We take pride in creating a user-friendly option that can be customized for any project. As further means for increasing FRM utility, we are now actively exploring the idea of partnering with other projects interested in our token bridge.
Kudi Update
As the first product within the Ferrum Network, Kudi is our foothold on the ground. As most of our activities are focused on creating solid techniques and revolutionizing the way we see the financial system, an actual physical product on the ground is our way of creating real-world use cases for our network and utility for the token. The Kudi team has been working extremely hard ever since the launch of the product. While the product is available for both personal use and commercial use, recently the team has been working to increase awareness of Kudi.
Kudi Events and Partners
One way of creating that awareness is partnering up with the Bogobiri Hotel, where we will be hosting three nights of activities filled with arts, music and activities for the hotel’s guests. At the same time, we’ll be inviting potential customers and clients. Those who’ll use the Kudi Exchange when purchasing their tickets will receive a discount, thereby promoting the actual use of the application. Working with hotels was a conscious decision because Kudi’s features, such as instant money transfers, appeal directly to international travelers.
The presence during events across Nigeria is crucial to stimulating the brands’ awareness and user base. In order to stimulate this growth even more, Kudi has partnered with UNWIND Lagos. UNWIND is focusing on young professionals that are eager to be introduced to new techniques during the many networking events hosted by UNWIND. The true meaning and potential of this partnership has yet to be discovered, but it’s a fact that Kudi will be exposed to many possible clients!
In addition to creating more awareness, the developers have been working on upgrading the Kudi app. A lot will be offered with the new upgrade, including the reduction of fees and an exciting new feature that will truly turn your Kudi app into your own personal bank…
What’s Next for Kudi
The entire month of September is filled with networking events such as the previously mentioned Bogobiri Hotel event, The New Atlantic Trade Fair and a networking event in partnership with the Bombastic Lounge. These are all focused on user growth as we continue to improve the app itself.


https://preview.redd.it/8i39ua7fzuj31.png?width=986&format=png&auto=webp&s=ec8676d902d69c51c6beaaf7360de67a048d4219

In addition, the Kudi update is around the corner, which will offer new features and a new look and feel. The team is actively onboarding new customers every single day, while the product itself is developing and improving every single day.
Conclusion
It has been an extremely productive and exciting week. We are happy see more and more activity within our communities. In the near future we’ll be reaching out to local communities to arrange some AMA’s; we’ll be more active on media like Reddit, 4Chan and Bitcointalk to share Ferrum with each and everyone in this industry. We are building something unique, something worth sharing. We can do the building and sharing, but we can’t do it alone.
Join us today on the road to reach each and every goal we have set for ourselves, to the point where we set new goals and run even harder than we have been already!
Very truly yours,
Ferrum Network Team
P.S. from Ian — I want to thank the author of this update, Freek Caron, the leader of our Dutch community and top Social Miner. I think you’ll agree he did an excellent job!
Links:
Website: https://ferrum.network/
Telegram: http://telegram.ferrum.network
Twitter: http://twitter.ferrum.network
LinkedIn: http://linkedin.ferrum.network
YouTube: http://youtube.ferrum.network
Reddit: http://reddit.ferrum.network
Bitcoin Talk: http://bitcointalk.ferrum.network
Facebook: http://facebook.ferrum.network
Github: https://github.com/ferrumnet/
Instagram: http://instagram.ferrum.network
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Stablecoin War Intensifies As Huobi Issues $1,3 Million HUSD

Stablecoin War Intensifies As Huobi Issues $1,3 Million HUSD

Stablecoin Issuers Are Battling For Larger Market Share, While Tether Remains Stablecoin Leader
The race between stablecoin projects takes another step towards increasing competition, as crypto exchange Huobi minted a new batch of 1,3 million USD-backed HUSD tokens. Crypto exchanges like Binance and Huobi are also joining the race with their own stablecoin projects – the BinanceUSD (BUSD), and HuobiUSD (HUSD).
Despite a slow start, crypto exchange-issued stablecoins are increasing in popularity, with Binance making several increases of the total supply in circulation for its BUSD projects in 2020 alone. In early February, Binance issued five million BUSD tokens, in cooperation with PAX Treasury. Just a week after the 5 million BUSD issuance, a new batch of 10 million BUSD tokens entered into circulation. However, Binance is no more a lone warrior in the field of exchange-issued stablecoins, as Huobi also makes a turn towards entering the stablecoin war.
Huobi’s HUSD project was аnnounced in late 2018 when the entire crypto sector was in a bearish state. HUSD didn’t get much traction in 2019 and fell off the radar for stablecoin users. However, now Huobi seems to be reviving the project, putting in fresh HUSD tokens into circulation.
Firstly, at the beginning of February, Huobi issued five million HUSD tokens, divided into three batches of around 1,7 million tokens per batch. Crypto watchdog Whale Alert announced the news. Whale alert also noted that another batch of 1,3 million HUSD tokens entered into circulation on February 27th.
Despite Huobi and Binance jumping into the stablecoin race, Tether still dominates stablecoin transactions. Tether records $60-70 billion in daily trading volumes, while the world’s biggest cryptocurrency based on market capitalization, Bitcoin, recorded $10-15 billion less trading volumes.
One of the most vital selling points of Tether is that the stablecoin is primarily used to enter the crypto sector and buy leading cryptocurrencies, such as Bitcoin, later. Crypto experts tied Tether’s behavior directly to Bitcoin’s price, as Tether’s minting process impacts Bitcoin’s market valuation.
The stablecoin war may also be provoked by Facebook’s plans of launching a native to the social media stablecoin, backed by a basket of currencies. The Libra project, however, caused real regulatory havoc. Furthermore, Telegram’s GRAM token would see further delays due to the continuing federal case, accusing Telegram of an illegal securities offering.
Central banks also showed interest in fiat-pegged digital currencies, with China and Sweden making moves toward issuing Central Bank Digital Currencies (CBDCs). China, for example, wants to tie its digital currency to the price of the traditional Renminbi, with plans to digitize China’s economy entirely.
Meanwhile, exchange-issued tokens and stablecoins marked the most significant price increases since the start of 2020. BitMax Token’s (BTMX) price jumped with 34,8%, while Binance Coin (BNB) managed to record a 31,39% price increase. Huobi’s native token – HT, marked a 25% increase.
submitted by Crypto_Browser to CryptoBrowser_EN [link] [comments]

Full Transcript: First AMA with CoinEx’s CEO Haipo Yang in 2020

Full Transcript: First AMA with CoinEx’s CEO Haipo Yang in 2020
CoinEx’s CEO Haipo Yang conducted his first Ask Me Anything (AMA) of 2020 on 22 February. During the AMA, he mainly shared about CoinEx’s Plan in this year and answered some most concerned questions of the community.
Special thanks to all engaged members and we appreciate every question and comment you raised. We will have more AMA this year to answer your questions. Stay tuned!
Here is the full transcript, which has been slightly edited for clarification.
Which market are you targeting for 2020? What strategies do you have to attract users, and keep them stay with your exchange for longterm?
Haipo: CoinEx is a global cryptocurrency exchange and our website has supported more than 10 languages. However, in the past we mainly focused on the Chinese and English-speaking markets. Our goal in 2020 is to cover at least 10 different languages speaking markets.
For users, the most important things are satisfaction and trust. First, we will continue to list more tokens and support more transaction types to satisfy users' different needs; second, we will strengthen our global branding and marketing work so that users will understand and trust CoinEx more.
Security is of high-importance to users. How do you ensure that users’ assets are safe with CoinEx?
Haipo: Security is always the most important thing for an exchange, and we are constantly improving it.
Exchange security includes system security, operation and maintenance security, and wallet security. In terms of system security, CoinEx is constantly improving the risk control system. While providing users a convenient and fast experience, it also prevents user assets from being stolen. For operation and maintenance security, CoinEx uses multiple security methods, such as hardware encryption systems, and strictly implements the principle of least privilege. For wallet security, CoinEx uses a multi-wallet solution. Large amounts of assets are hosted in cooperation with MatrixPort. Private keys of normal wallets are encrypted and have multiple physical backups.
And more, We always keep 100% Reserves.
For any Cryptocurrency exchange, liquidity is very important. So, whats your solution on this problem ?
Haipo: CoinEx's liquidity improved a lot in the past year. First, we set up our own trading team to provide liquidity and depth for most tokens, and to reduce the bid-ask spread to ensure the continuity of the K line.
At the same time, we also actively introduce more professional market makers. Currently CoinEx has dozens of market makers, and we provide them with good policies, such as lower transaction fees, interest-free with funding, etc. General transactions can be completed quickly at CoinEx, and we will continue to work hard to improve the liquidity.
What criteria is employed in listing token/coins on CoinEx? How can you ensure that you are only listing good and legit projects?
Haipo: For CoinEx, we do our best to select high-quality projects and to avoid fraud ones. We set up a dedicated research department to conduct in-depth investigations on each project, and a listing commission consisting of core team members review and vote on whether to launch a project.
But honestly, we can’t ensure that every token we list is a good project. The digital asset investment is still in the infancy and has high risks. High returns and high risks are always related, and investors have to do their own risk control.
Recently many exchanges has great move with public chains, so what’s your special plans in 2020 for CoinEx chain to overcome your competitors ?
Haipo: In November last year, CoinEx took the lead to launch the mainnet of CoinEx Chain, and CET is used as the preinstalled token on CoinEx Chain. CoinEx Chain is specially created for DEX, which achieves high performance, on-chain governance, and a real DEX without license. I think DEX will become a very important part of the Defi market in the future.
In 2020, we will build and improve the infrastructure around DEX, including further optimization of DEX, and the development of CoinEx Chain Explorer, wallets, etc. At the same time, the Smart Chain will be launched, and will be connected with the DEX public chain through cross-chain mechanism. It will bring more application scenarios to CoinEx Chain。
How do you see the current market? Do you have any advice for cryptocurrency investors?
Haipo: I think the market is now gradually recovering, especially in the near future, the halving of some cryptocurrencies such as Bitcoin has brought a good market. In the long run, now is more suitable for dollar cost averaging investment strategy. From a short-term point of view, the market will have a callback after the halving, which will bring good buying opportunities.
What are your thoughts on the Infrastructure Funding Plan for Bitcoin Cash (IFP)? Do you support it?
Haipo: CoinEx is neutral as an exchange and we will follow the market's decision.
It has become a standard for sizable exchange platforms to provide 24/7 customer support with knowledge people solving technical problems real-time. Can you tell us about CoinEx Customer Support?
Haipo: You can always contact our support team by online communicate or submit request. We have a powerful support team for you.
To ease the hassle for your users, Exchanges must provides “Mainnet Swap Support" to all listed tokens. So can we expect this on CoinEx Exchange platform?
Haipo: Sure we support.
There are lot of exchanges which provides many features & have multiple products. So, what’s special in CoinEx exchange?
Haipo: CoinEx is mainly focused on providing users with more high-quality tokens. We will continuously enrich our tokens listed, select good projects with potential, and have in-depth cooperation with project parties. At the same time, we will provide users with derivative transactions, such as leveraged transactions and perpetual contracts.
I'm a long term holder, so mainly focus on staking coins/tokens. What are the best ways available to earn passive income in this exchange platform?
Haipo: We have saving product, but only open for USDT now. We plan to open more in the future.
Do you plan to become a partner of an exchange market in Vietnam?
Haipo: As I mentioned above, we previously focused on the Chinese market, but in 2020, we will step into more markets, mainly the Southeast Asia and Eastern Europe. There's no doubt we will enter Vietnam market.
When it comes to permanent contract trading, stability is one of the most important factors for people, especially under the high volatility of the price. How can you avoid network errors or overload problems when there are tons of requests at once?
Haipo: Yes, it is very important. Out perpetual trading system is written by C. It is high speed and won't overload. Our sport and perpetual match-engine performed very good in the past.
Do you plan to integrate deposits via fiat? As many exchanges allows to deposits funds via the third parties like simplex and Koinal do you planned to integrate such system?
Haipo: Sure. Actually we are talking with several third parties and I am glad to announce we have reached a cooperation with two parties. I think next month we can provide such kind of service
Do you plan to have CoinEx become more driven to the community and more transparent?And is there any strategy to strengthen the relationship between CoinEx and the user will then have the opportunity to further participate in its development and growth?
Haipo: For exchanges, I don't think community-driven is a good thing, which often means inaction and confusion. The last one tried to do this is Fcoin. Operating an exchange is a very professional matter. Product development, customer support, listing, etc., all require very professional people to do.
On the market side, I think community-driven is very good, and we are planning to do so. We will launch a new ambassador program soon to better involve the community.
You have listed BNB in CoinEx. When will CET be listed in other exchange ?
Haipo: CET is already listed on Bitmax and Bkex, and we will list it on more exchanges. But it is not our main target.
Most attractive and trending topic is Defi... Do you have any plans for Defi system?
Haipo: Yes. We are working on developing CoinEx Smart and it will be launched in Q3. Defi applications can be implemented on CoinEx Smart chain.
Most investors choose tokens with high and stable prices to trade, how do you plan to make CET token prices higher ? and what are the programs and targets of CET tokens by 2020?
Haipo: The value of CET mainly comes from the following two aspects: the first is the business growth of the CoinEx exchange, which is the core value of CET; and the second is the introduction of more applications for the public chain, such as stable coins, Defi, etc. We are trying to bring stable coins to CoinEx Chain. By launching the Smart Chain, we will introduce Defi adoption. As for the burning of CET, we are still considering this option. Will announce it once we have made decision.
After burn completed what will be the total and circulating supply ?
Haipo: When the circulating supply of CET reduces to 3 BILLION, CoinEx will suspend the plan of CET repurchase and burning. You’ll have the options to use CET to enjoy more privileges for trading and get the early access to the future products. More info can be acquired on the announcement page, https://announcement.coinex.com/hc/articles/360027205411

https://preview.redd.it/d3sm8e6rw0j41.png?width=1240&format=png&auto=webp&s=4cce7183b8a1c703073761ff498a86c0fba92612
submitted by CoinExcom to u/CoinExcom [link] [comments]

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