Exchange News

Thai Crypto Exchange Bitcoin Co. Ltd. Announces Business Closure

Thai crypto exchange Bitcoin Co. decided to close down after running for five years. All trading on the exchange will stop from Sep 30, and all deposits will be halted after Sep 6. Bitcoin Co. Ltd, also known as Bx.in.th, will not seek a renewal of its Digital Asset Exchange license. Reason behind this sudden...
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Changelly & BeatzCoin Collaborate For Easy Exchange Of Currencies

The non-custodial cryptocurrency exchange, Changelly announced its strategic partnership with Vibravid. This collaboration allows simple exchange of BTC,ETH and other 150 cryptocurrencies to and from Beatzcoin. Hence, increasing the user base and exposure of the VibraVid platform throughout the world.  In the upcoming weeks, the BTZC token will be the first TRX-based community-driven project live...
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Venus Launch Will Make Sure To Comply With The Regulations

Facebook has been seeing a lot of regulatory issues from the day they announced the launch of Libra. Keeping this in mind the Malta-based cryptocurrency exchange, Binance planned for a different approach to launch it’s cryptocurrency Venus.  In an interview with Bloomberg, the co-founder of Binance, He Yi said, “If we want to launch Venus...
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Guess The Right Token To Be Listed On Uphold Exchange & Win Crypto

On achieving $5billion in trades on its crypto exchange, Uphold is celebrating its success with a unique “Crypto Challenge” giveaway. Uphold is a UK-based cryptocurrency exchange opening its gates for 15 new tokens. Now you might be wondering which are these questions. Hold on! It is you who will guess the name of the tokens...
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Updates On Binance Tiered Trading Fee Discount Program

Binance had introduced a new Tiered Trading Fee Discount Program on 21 July 2019. It has adjusted the tiered trading fee discount program at 8:00 (UTC) on Aug 28. This will provide a better service for the user’s claims Binance. As per the announcement, the required BTC trading volume threshold for VIP1 is set to...
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Binance To Provide VIP Status For Hacked Accounts

Binance, a cryptocurrency exchange, encountered a KYC Leak in August 2019 which had affected around 60000 accounts. Security and investigation team has announced on 23rd August 2019 that hacked accounts will be provided VIP status i.e. preferential trading fees, support, and more services.  The company has asked affected users to apply for new identification (KYC)...
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Coincheck To Launch IEO To Raise Funds Via Utility Tokens

Coincheck, Japanese cryptocurrency exchange, revealed on Thursday, its intention to launch an initial exchange offering (IEO) platform. This is basically to raise funds through utility tokens. Coincheck suffered a $530 million hack in January 2018. Also, the Japanese online brokerage Monex Group acquired it for $33.5 million in April of that year.  IEO is gaining...
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AWS Temporary Outage – Binance Suspends Transactions

AWS Tokyo services faced a temporary outage due to the overheating of part of chassis in the machine room on Friday. The recovery of AWS services in Tokyo is already in progress but not fully resolved yet. This had caused a price instability at some cryptocurrency exchanges in many of the Asian countries.  Correspondingly, Binance,...
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Funds Are SAFU Says Binance Founder, Changpeng Zhao

Recently it was reported that there was a technical problem affecting withdrawals. But the Cryptocurrency Exchange Binance has confirmed user funds are not at risk. Changpeng Zhao, CEO of Binance exchange, claimed that the situation was being resolved on Aug. 23, while funds security was not compromised. CZ explained that the issues was centered on...
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Binance Enabled OCO Order Types – Coinpedia

One of the leading cryptocurrency exchange, Binance has enabled OCO order types (One Cancels the Other) to the web trading interface. PC and App clients will have the OCO order type enabled at a later date. Basically, OCO is a pair of orders combining a stop-limit order and a limit maker order on the same...
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Zaif Moves To FISCO After Paying Customer Losses

Zaif, a Japanese cryptocurrency exchange, switched operator from Tech Bureau to FISCO virtual currency exchange from Aug 22, 2019. Zaif was hacked for about $60 million last year in September, so the management changed.  The firm will refund BTC and BCH holders in their original cryptocurrency, but, due to liquidity issues, MONA holders will receive...
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XRP Listed On India’s Colodax, Subduing RBI’s Restrictions

Colodax, an Indian broker to peer digital asset exchange, has now included Ripple’s XRP in its trading list against RBI restrictions. Users will be able to trade XRP/INR, deposit/withdraw INR and wait for it to match with other brokers. The platform also offers 10 trading pairs. Basically, this includes Bitcoin, Ethereum, Ripple, Stellar, Litecoin, Bitcoin...
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Gemini Expands its Global Footprint, Opens Service in Australia

Gemini, a US based cryptocurrency exchange, founded in 2014 by Winklevoss Twins of Facebook fame, has opened its services to Australia on Wednesday. Gemini Exchange already supports trading in Canada, South Korea, Hong Kong, Singapore, and the UK. Australian Crypto users can now trade in bitcoin, bitcoin cash, ether, zcash, and litecoin through Gemini’s desktop...
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Rakuten Introduces Spot Trading Services For Virtual Assets

Rakuten Wallet has now introduced spot trading services for virtual assets. Using these services, the customers can conduct spot trading on their crypto assets directly from their “dedicated smartphone app”.  As per the official post, this exchange will also include few security methods to ensure that the user’s crypto assets are safe. Only Bitcoin, Ethereum,...
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Crypto Exchange Coinone To Shut It’s Services

Coinone, a Korean based company announced that it will be closing CGEX services on September 18th, 2019, 02:00 (UTC). The announcement stated, “First of all, we would like to thank our customers for our exchange service. Unfortunately, due to our circumstances, we decided that we could no longer maintain service, so we are terminating the...
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