News on Exchanges in Crypto Industry

CEX.IO Now Available In 9 US States

A cryptocurrency exchange based in Britain CEX.IO has announced that it has entered the US market in 9 states namely: Iowa, Kansas, New Mexico, Oklahoma, South Dakota, West Virginia, Maryland, Alaska, and New Hampshire. The exchanges founder Oleksandr Lutskevych said, “The USA has always been a strategically significant market for our company and the industry in general,”

Binance Charity Support Feminine Health With Stablecoin

A new stablecoin ‘Pink Care Token’ has been brought out by Binance Charity & 46 companies (like Tron, IOST, Binance, ZCoin, etc.) with aim of to alleviate period poverty & improve feminine health. Binance Charity head Helen Hai said, “We hope the Pink Care Token Alliance will combine technology with the best parts of human nature – creativity, empathy, and stewardship, which lift humanity into a shared sense of dignity.”

Tradedash Acquired By Bittrex

Bittrex (a cryptocurrency exchange) has announced that is has purchased Tradedash (a trading application tool) to provide real-time and advanced technology offerings. Bittrex CEO Bill Shihara said, “We are constantly on the lookout for ways to improve our technology and user experience so when the opportunity to incorporate Tradedash’ capabilities came, it was a no brainer,”

20x Leverage On Crypto Futures Trading By Binance

Binance is launching a futures trading platform for starting with BTC/USDT contracts with up to 20x leverage. It was revealed by the exchange’s CEO Changpeng Zhao during a keynote speech delivered at the Asia Blockchain Summit in Taipei. Though the exact launch date for the new “Binance Futures” trading platform, a simulation test version is expected within a few weeks.

Binance Goes Lottery For Elrond Project’s IEO

Binance Coin (BNB) will be eligible for lottery tickets for the right to buy into Elrond Network tokens at pre-sale stage. The session price for one ERD token will be $0.00050. The amount allocated for the IEO will be the same as the team reward of 19%. And Elrond Network will also be one of the projects to work with Binance Chain, and be listed directly on Binance DEX.

CoinDeal Continue To Patron Wolverhampton Wanderers

Poland based crypto exchange, CoinDeal has published that they have renewed its sponsorship with Wolverhampton Wanderers (an English Premier League football team) & also extended to advertising. Kajetan Mackowiak, the co-founder of CoinDeal said, “After an amazing season, we really made it our priority to come back for this season to be once again, global partners of the Wolves. We feel that this partnership has been incredibly beneficial to both sides involved.”

User Accuses Bittrex For Holding Funds

A Bittrex user based in New York has moved to court against it for allegedly withholding funds. The user has deposited $120,000 onto her crypto exchange account but Bittex suspended it and refused to release the funds until November of this year and attempted to extort her and coercing her to sign an agreement giving up her rights to sue the company.

Gemini Setting-up Chicago Office

Gemini Setting-up Chicago Office

One of the major cryptocurrency exchanges in the industry, Gemini has announced its plan in launching an office in Chicago. The co-founders of Gemini Exchange, Tyler Winklevoss explained, “Beginning in the late 19th century, farmers came to the Windy City to sell or lock in prices for their crop. Over the past 150 years, Chicago has grown into a financial powerhouse that is tightly linked to Wall Street and the global financial system at large.”

Bitcoin Block Explorer has been launched OKLink

Bitcoin Block Explorer has been launched OKLink

A virtual currency exchange based in Malta, OKLink has recently launched platform Bitcoin Block Explorer. The platform feature search functions with a simplified operate interface which allows the user to navigate the Bitcoin Blockchain. The new platform was launched by OKLink and shared their plan to provide blockchain explorer service for other popular blockchain networks.

$13 Mn Secured By Kraken

$13 Mn Secured By Kraken

The Kraken (a cryptocurrency exchange headquartered In USA) has raised over $13.5 million in financing on online investment platform BnkToTheFuture. On the platform, Kraken boasted itself as the only regulated spot and futures cryptocurrency exchange with over $85 billion in trading volume in 2018 alone, making its compound annual growth rate of 387% & has over 4 million clients in nearly 200 countries.