cryptoexchange

LINE (a popular messaging app) has announced that its crypto exchange named, BITMAX , is now live nad allows trading of five crypto assets: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH) and Litecoin (LTC). The Japanese user can access the exchange within the LINE app and 108 yen will be applied for deposits and withdrawals. It will be initially available to on Android device, it can be integrated with LINE Pay to provide an easier Japanese yen-crypto transactions.

The Dualchain Network Architecture (DNA token) of the Metaverse blockchain network which claims itself to a survivor of the crypto winter has announced that it has successfully listed on RightBTC exchange. The CEO of Metaverse Foundation, Eric Gu said, “The listing on RighBTC will provide huge liquidity to the DNA token, as well as a valuable new stable coin on-ramp through USDT. We are very proud of the fast development and the market entrance of the Dualchain solution and we will keep on delivering technology improvements to the industry,”

A research conducted by CrystalBlockchain has revealed that the UK is the world’s leader for registered crypto exchanges, with 43 market operators. It was followed by world oldest democracy USA which houses 27 exchanges, despite restrictions for some states, the offshore destination from Asia, Hong Kong with 22 exchanges secures the third position, even though small Island nation Singapore has 19 and gets the fourth rank. Australia has one of the most crypto-friendly countries, hosting nine exchanges.

The CoinGecko has introduced its new iteration of named, Trust Score 2.0 which will provide better transparency on cryptocurrency exchanges. From its blog post: “We have upgraded Trust Score to version 2.0 to incorporate all the above categories as there is no way to easily synthesize all the above into something that can be easily understood at one glance. Exchanges are now graded on a scale of 1 to 10, with 10 being the best exchange and 1 being the worst exchange.”

The COSS (a crypto exchange headquartered in Singapore) has announced that it has integrated a fiat gateway, with multiple fiat currencies support (like US dollar, Euro, Pound Sterling, Yen, etc.,). Its CEO Sankalp Shangari said, “…improving the current infrastructure and delivering product update at a pace the community has never seen before. we continue to maintain a strong and active presence among our users and incorporate the best feedback we receive.”

eToroX (a digital asset trading platform) has launched its institutional-grade application program interface (API) trading program to help institutional traders with eToro’s liquidity pool and tight spreads. Its MD Doron Rosenblum explained, “AlgoX Prime, our new API trading program, offers sophisticated trading capabilities to institutional and corporate traders.”

Luno, a cryptocurrency exchange headquartered in South Africa has made public that it has processed more than $5 million a day in August 2019. Its GM for Africa, Marius Reitz claimed that the exchange had done about $5.4 million worth of transaction on South African platform alone. It also boasts that it has touched three million wallets indicates increasing global adoption.

One of the popular messaging apps in Japan, LINE has secured the license from Japan’s Financial Services Agency (FSA) to begin its crypto exchange services in the country. It’s revealed that it has registered under the name of LVC Corp., to offer crypto & blockchain services. The LINE then commented, “It aims to flatten the relationship structure between users and service providers to promote co-creation and mutual growth.”