Binance will open trading for SKY/BNB, SKY/BTC and SKY/ETH trading pairs at 2018/05/24 09:00 AM (UTC). Users can now start depositing SKY in preparation for trading.
— Binance (@binance) May 23, 2018
Binance will open trading for SKY/BNB, SKY/BTC and SKY/ETH trading pairs at 2018/05/24 09:00 AM (UTC). Users can now start depositing SKY in preparation for trading.
— Binance (@binance) May 23, 2018
Regular reports crypto exchanges getting hacked are increasingly becoming a real worry for those hoping to see the widespread use of crypto-currencies. Hackers are primarily targeting crypto exchanges although they are also known to target individual wallets.
Just like a bank robbery, hacking of an exchange is particularly rewarding for these high tech thieves. In essence, an exchange acts as a ‘vault’ for multiple wallets or private keys, therefore successfully breaking in means the score will be greater than attacking individual wallets. Hackers are known to have made off with millions of dollars in clients’ funds each time they target crypto exchanges.
For example, according to a UK financial services watchdog the Financial Conduct Authority (FCA), in the first half of 2018 alone, $731 million worth of cryptos were stolen from exchanges. This included $500 million from a hack on the Coincheck exchange and $40 million from a hack on the Coinrail exchange. By October 2018, hacking of exchanges increased to $927 million. The problem is quite significant relative to the size of this fledging market.
Perhaps the only small consolation is the fact hackers are only targeting private keys, they are not attacking the crypto-currencies themselves. This once again underlines efficacy of Bitcoin and alt-coins, these currencies are immutable and that there is no incentive for hackers to cripple this innovation.
While the overriding concern of all crypto-currency businesses has been to get the message about this fintech across to the masses, resolving the scaling issues and regulatory uncertainty, there is a new challenge they must now grapple with. The question now is; how do you hasten widespread adoption of an innovation that is very vulnerable to hacking attacks? In fact, this may be a worry of not only potential users but of early adopters as well.
An impartial observer may conclude that the infrastructure supporting this technology is not secure enough to help build confidence when there are regular hacking reports. How do you convince folks who have worked hard all their life to convert their savings into cryptos when there is a high risk that all such funds will be stolen with little or no prospect of recovery?Given this current state of affairs, it is plausible to conclude that many will prefer to keep savings in bank accounts where they are ‘safe’ than in the form of Bitcoin is susceptible to hacking!
It is on this issue that the entire crypto-currency community need to seriously self introspect. How can they collectively work nip this problem in bud before it gets even worse? Of course if everyone listened to Andreas Antonopoulos a prominent Bitcoin supporter, by keeping funds away from exchanges, then the problem would not be as big as it is today.
However, in fairness, the whole crypto business is a very complex one, without crypto exchanges or similar intermediaries, this market would not have grown to current levels. Asking a non-IT person to suddenly start understanding the complexities of crypto-currencies will be asking too much, they do not have the time for that. Therefore the use of ‘trusted’ intermediaries remains inevitable if the dream of greater adoption is to be achieved. Indeed for hardcore advocates of a decentralized system, this might be a bitter pill to swallow. Just like medicine, it may have a bitter taste but it gets the job done, crypto exchanges or intermediaries might be seen as a deviation from a peer to peer principle but they do help get the job done ultimately.
Thus for now crypto exchange businesses and custodial wallet providers need to be supported by all crypto-currency issuers for the mutual benefit of all. Sadly as it stands now, the fragmented crypto community is failing to come up with a united response to the hacking problem, individual players are working silos when attempting to combat this problem. Some insist on making or improving security features of storage devices or wallets as a way of dealing with the hacking problem but others believe solving the problem at crypto exchange level will yield better results.
However, compromises will have to be made along the way if progress is to be made on this front. A balance will have to be struck between user security concerns on one hand and the Utopian ideals of crypto-currencies on the other. For those that wish to see decentralized cryptos’ domination of the market continuing, now is the time to consider such compromises before well funded players enter the market.
Failing this, there is every chance that well resourced and bigger players like Facebook and its partners will seize on this by rewriting the rules and in the process obfuscate the original ideal of a privately issued currency. Until now, the laudable decentralization and permissionless features of crypto-currencies have been the unrivaled hallmarks of this great innovation but that may yet change.
To illustrate this point we look at the proposed Libra stablecoin and how this can potentially change the crypto-currency landscape. A glance at Libra’s whitepaper reveals that this stablecoin will start off as a permissioned Blockchain backed crypto with the possibility of it becoming permissionless eventually. However, Facebook and its partners may ultimately choose for it to remain permissioned a little longer as one way of assuaging and winning over skeptical politicians.
This means the Libra stablecoin will not adhere to the fundamentals of a decentralized currency.
To compensate for this, the Libra Association members do have the infrastructure and the financial muscle that they can use to invest in making security features that make it difficult for hackers to target the Libra token. There is no doubt Facebook and its partners will see enhanced security features as one way of cancelling out the less desirable aspects of Libra and will thus work harder on this.
If potential users are more satisfied with Libra’s handling of the hacking challenge they will embrace it ahead of original cryptos. Apparently not everyone is sold to the idealism of crypto-currencies, security is more important for others.
Therefore it may not matter how much permissionless Blockchain supporters bleat, the world could well embrace Libra because it is scalable or due to its superior security features. If Libra succeeds, permissionless cryptos will find themselves behind in every measure; from user numbers, market capitalization, merchant embrace etc.
Of course, the prospect of Libra taking a giant slice of the market from founding crypto-currencies is not entirely a bad thing. This market needs competition in order for it to continue improving and to be that better alternative to fiat money. However, when one player with ties to the old order becomes dominant, this will not augur well for the future of privately issued currencies.
Creators of pioneering crypto-currencies must be willing to embrace changes just as they have brought change to the way we see money. Adapting to changes will be key to survival for crypto-currencies that have dominated until now. Their survival will keep this market free from monopolies and their malpractices.
Terence Zimwara is a crypto-currency enthusiast, author, analyst and an advocate for alternative money based in Zimbabwe. The limitations and failure of fiat currencies in his country, Zimbabwe and in many poor African countries has made the case for crypto-currencies and Terence writes articles to highlight this to the rest of the world. He has contributed articles in local and global media well as via his blog temra-temra.blogspot. You can contact him via email email@example.com, Whatsapp 263 771 799 901, @tem2ra , Linkedin and Facebook.
New tokens include two eToro stablecoins
eToroX, the blockchain subsidiary of global investment platform eToro, today announces it will add 120 ERC-20 tokens to its multi-crypto on-chain wallet.
The first 5 of the 120 tokens added to the wallet today are 3 cryptoassets: Maker (MKR), Basic Attention Token (BAT), OmiseGO (OMG) and two eToro stablecoins: eToro EuroX (EURX) and eToro US DollarX (USDX).
Doron Rosenblum, Managing Director of eToroX, comments: “Adding 120 ERC-20 tokens to the eToro wallet is further evidence of our belief that one day all investable assets will be tokenized. One of the main barriers to mass adoption of cryptoassets is lack of access. Making these first 5 tokens available enables more people to transfer and hold them into a secure and regulated wallet. The next step will be adding more ERC-20 tokens to our exchange, which we plan to do in the near future.”ERC-20 tokens are used solely on the Ethereum blockchain network and must follow a set of rules so that they can be shared, exchanged for other cryptoassets or transferred to a crypto wallet.
The eToro wallet is a mobile application available via Google Play and the Apple App Store. It provides an easy to use customer interface and enhanced security. Multi-signature* security gives users the ability to see their on-blockchain transactions and balances without the fear of losing their private key**.
The wallet is developed and managed by eToroX, a subsidiary of eToro Group. eToroX is one of the first companies to be certified as a regulated Distributed Ledger Technology (DLT) provider by the Gibraltar Financial Services Commission (GFSC).
* Multi-signature – refers to requiring more than one key to authorise a bitcoin transaction.
** Private key – A secret key, which combined with an algorithm allows you to encrypt or decrypt ‘content’
ERC-20 tokens must adhere to 6 mandatory rules and have the option of following three.
eToro was founded in 2007 with the vision of opening up the global markets so that everyone can trade and invest in a simple and transparent way. The eToro Group consists of the eToro platform, our multi-asset trading and investment venue, and eToroX, which manages our crypto wallet and exchange.
The eToro platform enables people to invest in the assets they want, from stocks and commodities to cryptoassets. We are a global community of more than ten million registered users who share their investment strategies; and anyone can follow the approaches of those who have been the most successful. Due to the simplicity of the platform users can easily buy, hold and sell assets, monitor their portfolio in real time, and transact whenever they want.
As technology has evolved, so has our business. In 2018, we created eToroX, our tokenized asset subsidiary. eToroX provides the infrastructure, in the form of a crypto wallet and the forthcoming exchange, that supports our commitment to facilitating the evolution of tokenized assets. We believe that leveraging blockchain technology will enable us to become the first truly global service provider allowing everyone to trade, invest and save.
eToroX is a subsidiary of the eToro Group. The business was formed in 2018 to provide the infrastructure to support eToro Group’s commitment to facilitating the evolution of tokenized assets. It provides eToro’s newly launched wallet and runs the exchange.
The distributed ledger technology (DLT) provider licence was granted by the Gibraltar Financial Services Commission to eToroX in December 2018 (licence number FSC1333B). eToroX is incorporated in Gibraltar with company number 116348 and its registered office is at 57/63 Line Wall Road, Gibraltar.Disclaimer:
eToro is regulated in Europe by the Cyprus Securities and Exchange Commission and regulated by the Financial Conduct Authority in the UK.
eToroX is incorporated in Gibraltar with company number 116348 and its registered office is at 57/63 Line Wall Road, Gibraltar. It’s distributed ledger technology (DLT) provider licence was granted by the Gibraltar Financial Services Commission in December 2018 (licence number FSC1333B).
Coindeal’s popularity and number of new users are growing very fast. The exchange will soon be available in several states in the USA and has prepared their own CoinDeal token – CDL. This giveaway is addressed to its 300.000 current and 150.000 new users – internal exchange tokens are waiting to get them completely for free! CDL Token..
…is an amazing opportunity to start trading for free on one of the premier global exchanges with various benefits. The token will also allow for a higher liquidity within CoinDeal and for more pairings with cryptocurrencies and fiats. Only the first 450.000 users will receive CDL tokens. This giveaway is unique, since most token projects give only 5-7% of their token to the users via bounty programs and other mechanisms, however, CoinDeal has decided to give their users 90 % of all generated tokens. Something of this magnitude has been unprecedented and may very well create a totally new token distribution model.
If you already have a fully verified account on CoinDeal you just need to login and click the pop-up with information regarding CDL tokens.
Tokens will automatically appear in your wallet. CoinDeal claims that after the giveaway is completed and all tokens have been distributed to users, it will launch a variety of pairings with crypto and fiats. The total supply is 50,000,000 and the token itself has been created on the EOS blockchain and will boast much faster transaction times as well as drastically smaller network fees (as compared to most ERC20 tokens).How to get free CDL tokens?
All interested in the CDL token should act fast, as the number of tokens is capped and the necessary verification level to receive tokens via CoinDeal.com may take up to a few days. By getting CDL you will receive
Staking over 150.000 CDL will give you a 0.0000% maker fee and a 0.0250% taker fee. After completed distribution CoinDeal will start buying back CDL tokens on a monthly basis.
You can gain more from this giveaway by sending your friends a referral link that you can copy from your account. You will receive 20% of their trading fees and they will automatically get free tokens after creating a Coindeal account.https://www.youtube.com/watch?v=vF7Rq-tk3lI
…is the next step in the development of the one of the largest crypto-fiat exchanges in Europe. Thanks to continuous development, the company is ready to enter the American market. It is really important step because this market is a huge opportunity. According to research, more than 40% of the US population is open to crypto-currency and unfortunately there are many stock exchanges currently available in the US that do not meet their expectations. Coindeal wants to overcome these problems with its offer.
Traders in the states can start using what the exchange offers. Not only crypto to crypto exchange and registration on CD but also the newest Coindeal promotion with their free tokens.
Coindeal was founded over a year ago by three Poles. Rapid growth on the European and Asian markets was just the beginning. At the request of the users, CoinDeal decided to obtain all the necessary licenses and permits to open trading to American citizens. Expanding into the US market has quickly become the priority for CoinDeal’s executives as they believe the US crypto market to be unparalleled in regards to the amount of potential traders and liquidity available.
Taking care of Premier League friendship – 2nd season of the sponsorship of the Wolverhampton Wanderers F.C.
The last season 2018/2019 of cooperation was very successful for Wolves and Coindeal and they discovered many common features, so it’s obvious that they wanted to still work together. The CoinDeal team admits it was one of the biggest and most important marketing adventures in the development of the company and this story has its continuation. Indeed, the stock exchange officially extends the contract with Wolves for the 2019/2020 season.https://www.youtube.com/watch?v=6FvGS6FSGQo
7Eleven is a blockchain-based technology payment platform, that is convenient for customer to buy and sell products. Currently, 7Eleven token is being evaluated and expected to be listed for IEO by some exchanges.
What is 7Eleven platform?
7Eleven is a blockchain-based technology platform that is convenient for customer to buy and sell products that helps verifying transactions with high accuracy. The vision of project is a global payment application, based on connecting with all banks around the world.
Suitable for people in their home country, payments are made quickly based on face and QR identification analysis.
Applications of 7Eleven
As a payment platform, 7Eleven can solve the following problems:
Online payment: Paying immediately when customers need to use the services integrated on the 7Eleven network.
Shopping convenience: App payment integrated positioning tool, helps customers observe and know the business locations are linked to payment. Moreover, they will know how much discount the store is offering to App users.
Smart and safe investment: Your investment will be audited by 7Eleven before you invest. 7Eleven will follow your inspection proposal. Risk insurance when investment has been approved by 7Eleven, you will be protected when the risk arises.
Maximum discount for payment: Users also have passive income from the system when introducing applications to friends.
What is 7Eleven Token?
7Eleven is the ERC20 algorithm token, through a contract with the Ethereum provider. The 7Elevencoin token is the abbreviated to 7E.
7Eleven tokens is responsible for transparenting control if investment services, using to pay all costs on the network, helping to reduce currency conversion fees.. IEO 7Eleven with the first charitable goal on LAToken platform
7Eleven is organized by a group of 8 members and many other professional supporters in Nigeria and many other countries.
As you know, Nigeria is a country with the largest famine in West Africa. This nation has more than 14 million people in need of humanitarian assistance, in which 400,000 children need special attention.
Therefore, the IEO 7Eleven is coming here, scheduled on 28.03.2019 on LAToken platform, will be a fundraising to help the country escape poverty and as well as support neighboring countries.
All funds raised for subtracting all group bonuses will be used to establish a 7Eleven Foundation. 7Eleven Foundation will be a sponsorship for Nigerian children and global children. All information will be updated according to the progress on the project website.Quantity sale: 1 billion 7Eleven tokens Price: 1 ETH = 6,700 7Eleven tokens Accept payment: USD, BTC, ETH, LTC, XRP, BCH, ETC, BAT, ZEC, .. In addition to LAToken, the next exchanges are expected to list 7Eleven token for IEO at the end of March and early April 2019 including IDAX, Fatbtc, Bitforex, EOX, BitMax.io.Roadmap Q1 2019: Announcement of project, distribution of 7E token. Q2 2019: Listing on cryptocurrency exchanges.. Q3 2019: Operating payment applications. Q4 2019: Developing global online supermarket system. Q2 2020: Investment censorship application.Explore 7Eleven at the official website: https://7elevencoins.com/ Contact: firstname.lastname@example.orgSupporting Link https://t.me/ELEVENCOIN
The idea that crypto trading is on its road to apocalypse has seen a huge outbreak recently. Indeed, $1,860 in crypto is being stolen from exchanges every minute, and almost 99% of all cryptocurrencies are worth zero or could be zero sooner or later. With so many shady projects and hacker attacks around, is there a safe way to trade cryptocurrency and not to be left with nothing? Japanese Montex Project introduced one just a few weeks ago. They went even further than creating a secure crypto exchange - Montex developed the platform allowing to trade real stocks with cryptocurrency.
Listing a coin on any virtual currency exchange, especially on one from the TOP-20, already signals that the token has passed the audit performed by the exchange. In fact, it's true upon the time of listing and not always true later.
Unfortunately, the majority of cryptocurrency exchanges stop monitor progress of the listed projects once the coins are tradable on the exchange. In other words, even in case the project’s performance drops and the token price falls, the exchange platform won’t keep track of it.
When giving an interview to a renowed news platform, famous Nouriel Roubini, who predicted the 2008 financial crisis, stated that “81% of ICOs were a scam to begin with; 11% of them have died; and of the remaining 8% that is traded on exchanges, the top 10 have lost 95% of their value and could lose another 95%”.
And who become the victims in the end? Traders and investors, who buy the worthless coins and fail to sell it on time.
In the case of hacker attacks on crypto exchanges, it’s again the investors who are the basket case and who suffer the most. 2018 became the record-breakingfor thefts from exchanges. In total, over $1.5 billion was stolen, which amounts to $2.7 million in crypto assets stolen every day! And there is no guarantee that the owners will get repaid and compensated for the theft.
Clearly, crypto users are at risk: they can invest in one of 99% scam and groundless projects or lose their assets due to a hacker attack on exchanges.
Still, every event is a lesson to learn from. So, more sophisticated crypto companies emerge in the market with the potential to make crypto trading safe and secure. Montex Project is among them.
Montex brought together the expertise in cybersecurity of Garhi Group and the rigorous management system of Podgorica Broker, listed on the Montenegro Stock Exchange. Together, they develop Montex Project, which intends not only to create the safest cryptocurrency exchange but also allow crypto users to buy startups’ stocks with virtual currency. The team implements its vision through 2 technological solutions - the exchange named Montex Market and Montex Wallet.
Montex Market puts its focus on users’ security and protection of their interests. That’s why the exchange not only audits the project to get the coin listed but conducts non-stop screening and surveillance after listing is done. The entity will have to submit its financial settlements and report its progress on a quarterly basis. Moreover, Montex may establish a review committee and decide on delisting an entity in case of poor performance and risk to traders.
The conducted audit of a company's viability does not give a 100% guarantee of user protection. A lot can go wrong, especially in a volatile, legally unstructured, but so lucrative cryptocurrency market. The token price may sharply drop, the project may disappear or be not able to develop as it’s supposed to. Luckily, Montex has traders covered by introducing compulsory deposits for companies and insurance of investors.
Entities are obliged to deposit a certain sum of money to the insurance pool. When investors buy virtual currency, they can purchase insurance by using the Montex own cryptocurrency, MON. In case the purchased token becomes delisted, the deposit made by the company will be distributed to insured investors.
In a quest to maximize opportunities for investors and companies, Montex has gone further beyond the standard cryptocurrency exchange and buy-sell schemes. They’ve created a platform that allows traders to buy stocks of startup companies with virtual currencies, and vice versa - enables startups to get listed on Montex. Montex Market becomes the gateway not only to crypto trading but to venture capital and traditional investing as well. A user can purchase stocks using two currencies - ETH or MON - and exchange them to another virtual currency or legal currency if needed.
Again, to provide transparency and security Montex introduced due diligence and surveillance system for startups which stocks are traded. Companies are required to disclose financial reports for 3 quarters and upload their business plans.
The project’s MON serves as the centerpiece of the whole Montex ecosystem - it’s usable in both Montex Market and Montex Wallet. The coin owners can purchase startups’ stocks and users’ insurance for it, as well as trade MON on crypto exchanges like any other virtual currency.
Moreover, MON is used for transaction settlement with Montex Wallet. The cryptocurrency can be sent and received at much lower fees. Montex Wallet offers a new generation solution for users: it supports multiple standards such as ERC20, ERC223, ERC721, monitors asset value in real time and evaluates the portfolio in various currencies - USD, EUR, CNY, KRW and JPY.
Montex Project has brought to the table ultimate security in trading and transacting, insurance of risks and an opportunity to engage in traditional investing. Still, the project has many exciting milestones on its roadmap. The team is getting ready to add binary options to Montex Market, issue Montex Card and refine Montex Wallet. A royal flush for a crypto user, isn’t it?
Make sure you join the project’s Telegram chat and keep up with Montex development.
Recently, ICOBench implemented a separate section on its platform dedicated to Initial Exchange Offering. According to one of their top experts, Clemen Chiang: "The Initial Exchange Offering is a new approach to crypto-banking that is slowly catching the interest of ICOs and traders across the world. This new system provides a different type of exchange where the exchange acts as middle man between projects and contributors."
ICOBench, the top rating platform for new blockchain projects and most visited analytical platform that provides analytical, legal and technical insights to the investors in the ICO Global Market account according to Alexa and Similarweb, with 5,400 published projects, which in turn have raised more than $25 billion in funding, and 17K ratings by independent experts. ICObench is made of 390 participating industry experts and reaches more than 75K individuals who participate in Blockchain and Crypto Market.
A new start-up company aims to provide a different kind of exchange to the market. With its headquarters in Luxembourg and Bucharest, CryptoCoin.Pro allows its users to buy or sell Bitcoins, Ethereum and altcoins. CryptoCoin.Pro also offers innovative products and services for ICOs, enabling them to receive assistance during their Initial Coin Offering phase, helping them overcome any obstacle they might encounter during this process. As an additional layer of trust, CryptoCoin.Pro makes sure that ICOs are compliant to the set of regulations and are banking friendly.
This innovative platform also comes with tools to help its users and even ICOs in their development process. Investors can safely store their crypto assets in a special crypto wallet, from where they can buy or sell cryptocurrencies using both fiat and crypto. The platform also comes with KYC, CDD & AML Regulations to verify the identity of its users. CryptoCoin.Pro makes things simple by enabling a fiat to crypto conversion, encouraging the mass adoption of cryptocurrency trading and Visa, MasterCard and Wired Bank Transfer transactions are supported.
Making things simpler
Things were never so simple for new traders. CryptoCoin.Pro comes to aid the newbies in the trading process by offering the possibility to each client to store its crypto assets on their build-in crypto wallet and later withdraw them to their own personal electronic wallet. Just in case new comers get stucked in the trading process or its users encounter any kind of issue, CryptoCoin.Pro has a 24/7 live support team that supports multiple languages.
Among its many features provided to their clients we can find the "Founders Dashboard" that is oriented into aiding the ICO founders to have real-time access to their funds, documents and all their data structured on the GUI.
Licensed Exchange Services
Another layer of trust is provided by the licensed exchange services offered by CryptoCoin.Pro. Users can safely trade Fiat-to-Crypto and Crypto-to-Fiat by using their credit card and ICO founders can easily sell their tokens for Fiat.
The team behind CryptoCoin.Pro is fully certified in the area of cyber security and can even provide such services for ICO infrastructure, starting from security bug bounty campaign design & management, security for the website and infrastructure used in the ICO and even security awareness trainings for the employees.
With a fully competent team and unique features, CryptoCoin.Pro will improve many aspects in the crypto industry. You can find out more about the services provided by CryptoCoin.Pro on their website: https://www.cryptocoin.pro
Cryptocurrency has long been hailed for the range of opportunities that it offers in the field of trading. However, it is not always a very pleasant experience when it comes to trading cryptocurrency.
The whole cryptocurrency market is very volatile. Hence, users need to be extra careful and should analyze the market state thoroughly before placing any trades. One wrong trade can spell disaster to a trader’s portfolio. But why does this happen?
This is large because none of the existing cryptocurrency exchanges are beginner-friendly. Thus, most of the new people who enter the crypto trading market, end up losing a large portion of their investment. Additionally, no existing cryptocurrency trading exchange offers all the features such as margin trading, loans, and p2p trading. In order to solve these problems, CoVex has come up with its very own all-in-one crypto exchange.
The CoVEX platform consists of 6 components which includes:
● CoVEX spot trading: A regular crypto exchange designed carefully to eradicate downtimes.
● CoVEX Social Trading: A new concept where you can copy the portfolio of some highly reputed traders and follow each of their transactions as well.
● CoVEX Margin Trading: Designed specifically for more advanced traders.
● CoVEX P2P Loan: Provides a convenient platform to receive and provide loans.
● CoVEX Payment Gateway: Provides the much needed payment processor to process any crypto transactions at any merchant.
● CoVEX Prepaid Card: Gives the users the power to use cryptocurrency to pay at any merchant store.
CoVEX exchange is a one-stop platform for all the services one might expect from a crypto exchange. The whole platform has a simple and easy to use GUI which facilitates hassle free trading experience. The exchange provides wallet support to a wide range of cryptocurrencies while maintaining the current industry standards for security.
This platform is a boon to all the new people who got into cryptocurrency recently. The social trading feature of the platform allows any user to follow some of the most successful traders on the platform. Users can copy each and every transaction performed by the experienced trader.
Users only need to deposit their funds and the rest of the work is done by the platform itself. The user’s funds are spread across all the coins present in the portfolio of the experienced user.
Additionally, whenever the experienced trader does a transaction, the same transaction takes place using your account as well. Thus, the odds of you placing a bad order reduce drastically.
The exchange employs AI and ML technology to predict the market trends, even warning its users in advance about a downtrend. Thus, this prevents the users from experiencing a loss.
CoVEX ecosystem is supported by the CoVEX tokens. CoVEX tokens that run on the Ethereum blockchain, ERC223. Each CoVEX tokens are used to pay the transaction fee that arises out of each and every transaction. They are also used to gain access to privileged features such as social trading, etc. Hence, it is a very essential component of the whole platform.
The CoVEX tokens also provide a plethora of benefits to the users. Every transaction or trade on the CoVEX spot exchange platform costs the user a specific transaction fee. As the amount of cryptocurrency increases, this fee also increases. Users can get a 50% discount on this fee if they choose to use CoVEX tokens instead. Additionally, some of the profits gained by the CoVEX platform are also shared amongst its active users in the form of CoVEX tokens. And above all that, every single ICO participant will receive 20% extra referral fee for each successful referral.
With such great features under a single roof, why wouldn’t anyone consider joining this amazing platform? This is the only exchange to use AI and ML techniques to provide the best results to its users. Thus, it aims to maximize the profits of its users.
CoVEX is a very ambitious project aimed at the betterment of the current crypto trading market. By helping every one of its users maximize their profits, it surely will attract a large flock of users. The demand to get on this platform is going to skyrocket after its release. So, it’s best to stay ahead of the curb by participating in their ICO event.
The CoVEX Coin Private Sale is Here!
CoVEX Coin Exchange has been making huge moves lately behind the scenes. We have a new and improved website debuting soon and an updated whitepaper coming out soon!
But that’s not it, our Private sale will begin September 1, 2018, and run up until September 30, 2018.
During our private sale prices to purchase CoVEX Coin will be as follows:
- 1 CoVEX Coin = $0.50 plus a 40% Bonus
- This means if you purchase $1000.00 worth you will receive 2000 CoVEX Coins, with the 40% bonus that will make it plus 800, so 2800 CoVEX Coins
- Purchase now, don’t miss out on the great opportunity and miss that 40% Bonus
If you would like to purchase CoVEX Coin visit our website and fill out this following form:
If you have any questions about the Private sale feel free to join our telegram channel for more information.
Once the Private sale has come to a close we will begin our Crowdsale which will run during the month of September. Dates TBA. Platform and exchange to follow soon after.
Feel free to check out the Demo Exchange:
The CoVEX Coin Beta Exchange Platform is here. You can use the Beta Platform to begin learning the CoVEX Exchange and start spot trading up to 100 BTC (Demo Money). This is available to everyone who would like access, the link is at the start of this article so you can begin your test run. The demo already has the full 9 yards, with a Market, Traderoom (Basic and Pro) version, Security, Wallets, and so much more. The demo already offers over 100 different tokens to practice your trading, 2 Factor Authentication, and of course the KYC that needs to be completed. Social trading will be added to the Beta Platform in 2nd ICO and the full exchange will be available after ICO is complete. You can watch an informational video about the exchange here: https://www.youtube.com/watch?v=OOzE_F4SXeg&t=41s
For more information regarding CoVEX Coin please visit our website at https://www.covexlabs.com/
Also, if you have any questions regarding CoVEX Coin or would like some extra information check out our social media:
Telegram: https://t.me/joinchat/FGqocRL7Oj3p-YYV3mu2Ng Twitter:https://twitter.com/CoVEXcoin Facebook:https://www.facebook.com/covexcoin/ Bitcointalk Forum:https://bitcointalk.org/index.php?topic=3343211.new Discord:https://discordapp.com/invite/sVufdss
Last year, the largest cryptocurrency exchange from U.S., CoinBase, announced an investigation targeted by unusual trading activity that preceded the distribution of Bitcoin Cash. Even thought Coinbase decided to not support Bitcoin Cash, it changed its mind and announced that it will list BCH on the platform starting with January 1. However, almost one month before the listing, rumors started arising that there will be inside trading on Coinbase regarding Bitcoin Cash. Users started posting tweets accousing that Coinbase employees are engaged in inside trading.
"Given the price increase in the hours leading up the announcement, we will be conducting an investigation into this matter. If we find evidence of any employee or contractor violating our policies — directly or indirectly — I will not hesitate to terminate the employee immediately and take appropriate legal action." said the CEO Brian Armstrong in a blog post at the end of December 2017.
Sure, this volume before the announcement is purely coincidental. Good grief. pic.twitter.com/XUazkjJ411— Jacob Mooallem (@JacobMooSF) 20 decembrie 2017
In response to an inquiry from Fortune, Coinbase stated the the investigation concluded last week following a months-long probe by two well-known national law firms. A Coinbase spokesperson told Fortune:
“We would not hesitate to terminate an employee or contractor and/or take appropriate legal action if evidence showed our policies were violated. We can report that the voluntary, independent internal investigation has come to a close, and we have determined to take no disciplinary action.”