One [Stable]coin to Rule Them All? Huobi’s New Program Lets Users Swap Between Tokens

Singapore-based cryptocurrency exchange Huobi Global today introduced an all-in-one stablecoin program called HUSD, which will allow traders to convert between four USD-pegged cryptocurrency tokens. HUSD: Huobi’s All-in-One Stablecoin Solution According to the announcement, the HUSD solution aims to reduce the need to choose between multiple stablecoins, as well as to cut down transaction costs incurred

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BTCC Launching Cryptocurrency Exchange in South Korea

BTCC Launching Cryptocurrency Exchange in South Korea

Hong Kong-headquartered cryptocurrency exchange BTCC is reportedly launching services in South Korea this month. In addition to a cryptocurrency exchange, the company will offer a wallet service, a mining pool, and a consumer payments service, according to its Korean website.

Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals

BTCC Expanding Into South Korea

BTCC, formerly known as BTC China, is launching services in South Korea on Oct. 31, according to the Investor. The beta service will start this month and the exchange “will make its official debut in November,” the publication added.

BTCC Launching Cryptocurrency Exchange in South Korea“The world’s first cryptocurrency exchange BTCC is preparing to open in Korea,” the company wrote on its Korean website’s homepage. Four services are listed: an exchange, a wallet service, a mining pool, and a service to facilitate consumer payments. “BTCC is establishing an on / offline payment system using cryptocurrency,” its website states, adding that it “is expanding services for real-life use.”

The news outlet elaborated:

BTCC said it will expand its footprint through strategic tie-ups with local and global firms.

BTCC Launching Cryptocurrency Exchange in South KoreaFounded in 2011, BTCC was one of the largest cryptocurrency exchanges in the world by trading volume before the Chinese government cracked down on cryptocurrencies and initial coin offerings (ICOs) in September last year. The government’s action caused all major cryptocurrency exchanges to exit China and move their operations overseas.

Following the crackdown, BTCC shut down its operations in China and re-launched its services in Hong Kong. The company is now headquartered in Hong Kong but serves a global customer base. The new BTCC exchange offers the trading of five cryptocurrencies against the USD — BTC, BCH, ETH, LTC, and DASH. In addition, the latter four cryptocurrencies can be traded against BTC. The BTCC Korea exchange, however, has not announced which coins will be supported.

BTCC Launching Cryptocurrency Exchange in South Korea
Cryptocurrencies supported on the main BTCC website.

Korean Cryptocurrency Ecosystem

BTCC Launching Cryptocurrency Exchange in South KoreaThe South Korean cryptocurrency market is dominated by four exchanges: Upbit, Bithumb, Coinone, and Korbit. Bithumb is the largest cryptocurrency exchange in the country by trading volume while Upbit is the largest by the number of coins listed. Upbit, which offers the trading of 164 coins in 276 markets, is a partner of U.S.-based exchange Bittrex and is backed by Kakao Corp., the operator of the country’s most popular chat app, Kakao Talk.

On Oct. 12, Bithumb confirmed that it was sold to a consortium led by a well-known plastic surgeon, as news.Bitcoin.com previously reported.

Another major cryptocurrency exchange that exited China and entered the South Korean market following the Chinese government’s crackdown is Huobi. The exchange launched its Korean operations in March, offering the trading of over 100 coins in over 200 markets, according to its website.

What do you think of BTCC expanding into South Korea? Let us know in the comments section below.


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Huobi Lists Four ‘Regulated’ Stablecoins Vying for Tether’s Crown

Huobi Global is set to list four new stablecoins, namely Paxos Standard (PAX), Gemini Dollar (GUSD), TrueUSD (TUSD), and USDCoin (USDC) later this week. In an announcement on its website, the cryptocurrency exchange revealed that the four new assets will go live on Oct. 19. Huobi’s New Listings PAX, a newly launched digital asset is … Continued

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Exchanges Roundup: Tether, Bitfinex Drop Noble Bank, Bitmex Hires COO

Exchanges Roundup: Tether/Bitfinex Drops Noble Bank, Bitmex Hires COO

In recent news pertaining to cryptocurrency exchanges, Noble Bank is looking to sell after reportedly losing Bitfinex and Tether as clients, Bitmex has announced the former compliance head of Hong Kong Exchanges and Clearing Limited as its new chief operating officer, and Huobi’s director of research into blockchain applications has discussed the company’s goals for its upcoming transfer of operations onto its public ledger.

Also Read: Chrome Extensions Will Soon Protect Against Miners and Hackers

Noble Bank to Sell Amid Loss of Clients Tether and Bitfinex

Exchanges Roundup: Tether/Bitfinex Drops Noble Bank, Bitmex Hires COONoble Bank International, a Puerto Rican financial services firm known for servicing Tether and Bitfinex, is reportedly looking to sell.

Informed by “a person with direct knowledge of the situation,” Bloomberg reports that “The bank has lost many of its customers, including Bitfinex and Tether, and is no longer profitable […] The company could sell itself for a price between $5 million and $10 million, based largely on the value of its Puerto Rican license to operate as an international financial entity.”

Bitmex Hires Former Hong Kong Exchanges and Clearing Limited Compliance Head

Bitmex has hired Angelina Kwan as the exchange’s new chief operating officer. Mrs. Kwan is the former managing director and head of regulatory compliance for Hong Kong Exchanges and Clearing Limited, and has also spent eight years working for the Securities and Futures Commission of Hong Kong.

Exchanges Roundup: Tether/Bitfinex Drops Noble Bank, Bitmex Hires COOMrs. Kwan stated: “In addition to being a true market leader among trading platforms, Bitmex shares my value of gender inclusion, particularly in STEM fields. Cryptocurrency markets present an exciting new opportunity for women to get involved in the intersection of finance and technology, two fields in which they are chronically under-represented. Bitmex has made its commitment to meritocracy clear, and is sending the message that women with deep backgrounds in finance and business can execute at the highest level within cryptocurrency companies.”

Arthur Hayes, the chief executive officer and co-founder of Bitmex welcomed Mrs. Kwan to the company, stating: “I believe Angelina’s decision to join us is a signal that the global markets are shifting focus to the rapidly-expanding domain of crypto-coins. Angelina’s vast experience in regulation, trading platforms, business development, restructuring, and investor and stakeholder relations will be pivotal as we continue the push towards mainstream cryptocurrency adoption and broaden our community.”

Huobi Readies to Transfer Operations to Public Blockchain

Exchanges Roundup: Tether/Bitfinex Drops Noble Bank, Bitmex Hires COOThe second largest cryptocurrency exchange according to Coinmarketcap’s adjusted volume rankings, Huobi, is preparing to migrate its operations to the company’s public blockchain.

In a recent interview, the director of Huobi Research of Blockchain Application, Hubery Yuan, stated: “We want it to become the world’s top public chain in terms of technolog[ical] sophistication. And a highly competent public chain coupled with strong operations, ecosystem, and communities can bring out great synergy.”

Voting to appoint the head of Huobi’s operational transfer project is currently underway.

Do you think that more cryptocurrencies will seek to conduct their operations on the blockchain? Share your thoughts in the comments section below!


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Block.one Vows to Use its EOS Tokens to Prevent Voting Cartels

When cryptocurrency development firm Block.one concluded its initial coin offering (ICO) and released the first version of the EOSIO software, it didn’t just raise a record ~$4 billion in crowdfunded contributions — it also received 100 million of the 1 billion EOS tokens distributed through the network’s Genesis block. Now, the well-funded blockchain startup is … Continued

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Securing a Major Exchange Listing Is No Guarantee of Success

Securing a Major Exchange Listing Is No Guarantee of Success

It is widely assumed that securing listing on a major cryptocurrency exchange will ensure an altcoin’s long-term success. Many ICO buyers and project leaders believe this to be pivotal in determining their token’s fate. A look at the demand for less popular tokens on major exchanges, however, reveals this notion to be false.

Also read: Ebang Announces 44 Terahash E-11 Miners With 10nm Chips

Big Exchanges Aren’t All They’re Cracked Up to Be

Securing a Major Exchange Listing Is No Guarantee of Success“When Binance?” is the refrain of token-holders in Telegram groups. To many ICO teams, securing a major exchange listing is the holy grail, the pinnacle of achievement. The liquidity, validation, and credibility that a tier-one exchange provides is instrumental in advancing projects to the next stage. The guaranteed pump that heralds listing on an exchange such as Binance is also welcomed by token-holders, who relish the chance to offload their assets and pass them on to the next wave of traders.

But when the bright lights that accompany a major exchange listing have faded, and the excited Telegram chatter has dropped to a murmur, the hard work begins. Creating a project whose token has long-term value and capable of generating demand is tough. A lot of project leaders simply don’t have what it takes to stick the course and put in the hard work, community building, protocol enhancing, and partnership forging. Toasting your exchange listing is easy. Ensuring your token justifies remaining exchange listed is tough.

Tier-One Exchanges Provide Liquidity – Not Demand

There are many things that a tier-one exchange such as Okex, Huobi, or Binance can provide, not least liquidity. With so many other assets readily available, including ETH and BTC trading pairs, slipping in and out of a particular token is easy. But one thing these platforms cannot generate is demand. There needs to be a reason for traders to want to purchase a particular asset, and that’s where a lot of projects falter.

Binance saw $1.3 billion traded in the past 24 hours, including $42 million of EOS and $20 million of stellar. Work your way further down the list of traded tokens, however, and you’ll find hundreds of tokens that captured between 0% and 0.01% of the platform’s total trading volume. In the last 24 hours, just $71,000 of QLC Chain (QLC/BTC) was traded and only $12,000 of Bread (BRD/ETH). With Binance’s less popular trading pairs, there are dozens of assets with even lower volume: in the case of VIA/BN and RLC/BNB, just $742 and $549 respectively.

Securing a Major Exchange Listing Is No Guarantee of Success
Some of the least popular trading pairs on Okex

Many Altcoins on Major Exchanges Have No Volume

On Okex, the low volume markets look even worse than those on Binance. Many of the 500+ trading pairs listed on the Hong Kong exchange have zero or single digit volume. In the last 24 hours, just $1 of Unikoin Gold (UKG/ETH) was traded and a grand total of $4 of Change (CAG/BTC and CAG/USDT). In fact, 50% of all trading pairs on Okex recorded less than $35,000 of volume in the last 24 hours.

Securing a Major Exchange Listing Is No Guarantee of Success
Given the cost of securing a major exchange listing, ICOs may conclude that the juice isn’t worth the squeeze.

Huobi, the third largest exchange in the world after Binance and Okex, fares marginally better, but its least popular pair (ADX/ETH) still struggles to break the $1,000 threshold. At Bitfinex, the world’s fourth largest exchange, the ultra-low volume is particularly severe: $79 of Aragon (ANT/USD and ANT/BTC) was traded in the last 24 hours, $166 of Everipedia, and $66 of PAI/USD.

Many of the prestigious exchanges mentioned here charge listing fees that run into the hundreds of thousands of dollars. Tokenized projects eyeing a tier-one exchange would do well to note the fate of coins that were added to them in the last six months. For every altcoin that has found traction, there are a dozen more that are dead in all but name. Major exchange listing is no guarantee of success.

Why do you think there are so many dead coins on major exchanges and do you think the worst performers should be delisted? Let us know in the comments section below.


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Markets Update: Despite Negative Headlines – Crypto-Prices Continue to Rise

A few days ago digital asset markets saw some good gains pushing the entire crypto-economy up past $229 billion. Both bitcoin cash (BCH) and bitcoin core (BTC) had nice percentage spikes with BCH up 13 percent, and BTC up 3.5 percent over the last week. However, the biggest gainer this week was ripple (XRP) jumping over 103 percent over the course of the past seven days.

Also read: Bitcoin Glyphs Added to Apple’s Shortcuts Application

Cryptocurrency Markets Rebound and Consolidate

It was a weird week in cryptocurrency land, to say the least. During the last seven days, digital asset enthusiasts heard about the Securities Exchange Commission’s (SEC) deciding to hold off on the Vaneck/Cboe ETF decision until they get further commentary. Then a critical exploit that could have caused massive inflation was found in the Core reference client (and many other implementations) by a BCH developer. Lastly, the Japanese exchange Zaif revealed this week it lost close to 6000 BTC in a hack. Now one would think all of these things would affect cryptocurrency markets in a negative way. On the contrary, digital currency markets spiked in value as a great majority of coins saw seven-day gains.

The Top Crypto-Markets

Bitcoin core (BTC) markets over the last week are up 3.4 percent (US$6,723) and the cryptocurrency’s market valuation is around $116.2 billion today. Ethereum (ETH) markets shot up pretty good this week as one ETH ($244) has gained 12 percent. Of course, the cryptocurrency crowd witnessed the 103 percent increase ripple (XRP) markets experienced this week. One XRP is valued at $0.56 this Sunday and the coin’s market capitalization is about $22.5 billion. Bitcoin cash (BCH) markets are up 13 percent per BCH ($492) over the last seven days and the currency’s market valuation is about $8.5 billion this weekend. Lastly, EOS is priced at $5.45 and the EOS market performance over the last weeks is up 12.2 percent.

Markets Update: Despite Negative Headlines - Crypto-Prices Continue to Rise

Bitcoin Cash (BCH) Market Action

Bitcoin cash market action today is showing the spot price hovering at $492 per coin but this Sunday BCH is up 3.12 percent over the past 24 hours. Over the last week, BCH dropped to a low of $411 on September 17 and went back to a high of $501 on the 21st. The top bitcoin cash swapping exchanges today are EXX, Lbank, Hitbtc, Okex, and Huobi. The top currency pairs traded for bitcoin cash this weekend include BTC (51.8%), USDT (30.8%), ETH (6.9%), USD (5.1%), and KRW (2.3%). Bitcoin cash markets hold the sixth highest trade volumes today below eos (EOS) and above litecoin (LTC) volumes.

Markets Update: Despite Negative Headlines - Crypto-Prices Continue to Rise

BCH/USD Technical Indicators

The BCH/USD daily and 4-hour charts on Bitfinex and Binance indicate bulls are showing some signs of tiring out. We saw a big spike by the BCH bulls but it hit large resistance as markets gathered near 200 MA and corrected. Today, looking at the BCH/USD 4-hour chart, the 200 Simple Moving Average is above the 100 SMA trendline showing the path towards the least resistance is towards the downside. The 4-H RSI (61.6) shows the bulls may be exhausted and we could see some more sell off before another attempted upper leg jump. Order books show there’s some heavy resistance from here until $570 and another pitstop around the $590-630 range. Looking behind us we can see some foundational support between now until the $425 range and bears will be stopped there for a good period of time.

BCH/USD daily chart 9/23/18.

The Verdict: Despite Some Setbacks, Market Confidence Seems to Be on the Rise

Overall market confidence seems to be on the rise despite the recent BTC inflation bug and the SEC’s recent announcement to push off the decision to approve or deny the Vaneck/Cboe ETF. BTC/USD shorts, however, are very high still with over 30,000 short positions but ETH/USD short contracts have dropped significantly lower after touching their ATH. ETH/USD shorts have been cut from 26,000 on September 17 to just over 12,000 today.

Charles Hayter, the co-founder and CEO of the cryptocurrency data website Cryptocompare, believes last week’s ETH drop shook up market sentiment. “The fall in ethereum has spooked the market,” Hayter details. However, on a more positive note, Hayter emphasizes “there are multiple incumbent financial institutions looking closely at the space.”

Digital asset trade volumes have increased as this weekend has seen trade volume between $13-15 billion USD over the last 48 hours. This weekend’s verdict is far more optimistic than last weekend but it’s likely we will see some heavy consolidation and some corrections before the next level up, unless bears regain their strength.

Where do you see the price of BTC, BCH, and other coins headed from here? Let us know in the comment section below.

Disclaimer: Price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice. Neither Bitcoin.com nor the author is responsible for any losses or gains, as the ultimate decision to conduct a trade is made by the reader. Always remember that only those in possession of the private keys are in control of the “money.”


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The Daily: Binance Expands, Putin Advisor Visits Huobi, Brazilian Brokerage Goes Crypto

The Daily: Binance Expands, Putin Advisor Visits Huobi, Brazilian Brokerage Goes Crypto

Cryptocurrency exchange Binance is making good on its promises to expand globally – focusing on emerging markets and fiat-to-crypto trading services. Also in The Daily, Huobi founder and CEO Leon Li meets a Putin adviser in Beijing, a leading Brazilian brokerage firm shares plans to launch a crypto exchange, and digital assets management firm Altonomy caters to institutional investors with an over-the-counter (OTC) trading desk and a cryptocurrency index fund.  

Also read: Poloniex Drops 8 Coins, New Exchange Licensed in Estonia

Binance Expands Across Continents

Binance, currently the largest crypto exchange by daily trading volume, has recently been voicing its intentions for expansions into new and mostly emerging markets. This week, BInance CEO, Changpeng Zhao (CZ), gave more details on the company’s global expansion plans ­– revealing that the Chinese-run company wants to launch up to 10 new fiat-to-crypto exchanges across 5 continents. During an event in Singapore, CZ explained that Binance is focusing on this type of platforms to fit better in local economies and promote crypto adoption.

The Daily: Binance Expands, Putin Advisor Visits Huobi, Brazilian Brokerage Goes CryptoElaborating further, Zhao asserted that “The next area of growth, in addition to the crypto-exchange, is the move into fiat.” The company is currently looking to acquire projects in the fiat space, he added, declining to provide more details.

Zhao’s remarks followed an earlier report that the exchange starts beta testing of a new fiat-to-cryptocurrency platform in Singapore on September 18. In August, Binance launched a similar service in Liechtenstein through a joint venture with LCX. In July, the company said it’s preparing to enter the South Korean market, as news.Bitcoin.com reported. Earlier the same month, it announced it’s working on a project to launch a “decentralized, community-owned” bank in Malta, also covered by news.Bitcoin.com. In June, Binance launched a fiat-to-crypto exchange in Uganda.

Other reports suggest that Binance has also started hiring staff for roles across Asia and Europe. The destinations mentioned by Bloomberg include Singapore and Malta ­– with 50 new employees have been sought for the new headquarters on the “Blockchain Island”. The crypto company, which was founded last year, currently employs almost 300 people in 39 countries.

Huobi Founder Meets Putin Adviser

The Daily: Binance Expands, Putin Advisor Visits Huobi, Brazilian Brokerage Goes Crypto
Sergey Glazyev and Leon Li

Leon Li, founder and CEO of another prominent crypto exchange with Chinese roots, Huobi, has recently met with renowned Russian economist and adviser to President Vladimir Putin, Sergey Glazyev. At the company’s headquarters in Beijing the two discussed cryptocurrency, the blockchain technology, and Huobi’s possible entry into Russia’s financial markets. Quoted by Prnewswire, Glazyev commented:

The cryptocurrency industry is still booming and expanding, and almost every country on the planet is making an attempt to grow the crypto-space. If Huobi Group can set a good example for the market, it will be of great help to Russia’s national legislation on blockchain cryptocurrencies.

A known supporter of the implementation of digital ledger technologies, Putin’s adviser noted that “Digital assets also enhance the development of blockchain technology. They are inseparably interconnected.” Sergey Glazyev expressed hope that advanced countries will use the crypto-related technology, which in his opinion “will make the money market more sustainable, transparent and less risky.”

Leading Brazilian Broker to Launch Coin Exchange

The Daily: Binance Expands, Putin Advisor Visits Huobi, Brazilian Brokerage Goes CryptoGrupo XP, a major financial brokerage firm in Brazil, is reportedly entering the crypto space – with the company planning to launch a cryptocurrency exchange in the coming months.

According to a Bloomberg report quoting CEO Guilherme Benchimol’s announcement at an event in Sao Paulo, the new platform will be trading bitcoin core (BTC) and ethereum (ETH). The executive pointed out that 3 million of his compatriots are currently exposed to cryptocurrencies, compared to only around 600,000 that invest in traditional stocks. During the forum, Benchimol admitted:

I must confess, this is a theme I’d rather didn’t exist, but it does. We felt obligated to start advancing in this market.

The exchange, which will be called Xdex, will be headed by Thiago Maffra and have approximately 40 employees. It will be set up as a separate entity from XP’s other brokering business.

Grupo XP is aiming to control 1 trillion reals ($245 billion) by 2020 through its custodial services and is also planning to launch a bank soon. Brazilian regulators have recently released a set of rules allowing crypto investments. Meanwhile, an investigation has been launched into alleged monopolistic practices in crypto trading employed by six of Brazil’s biggest banks.

Digital Assets Management Firm Sets Up OTC Trading Desk

The Daily: Binance Expands, Putin Advisor Visits Huobi, Brazilian Brokerage Goes CryptoAltonomy, a digital assets management and advisory company, has become the latest player in the industry trying to cater to institutional investors. According to sources quoted by financial and crypto media, the firm has recently launched a sell-side over-the-counter (OTC) cryptocurrency trading desk, and a blockchain-based digital currency index fund. The Altonomy Taurus Index Fund will allow big players to get involved in cryptocurrencies without the need to bet on a single coin, Finance Magnates reports. And with the OTC trading desk, Altonomy asserts that is attempting to simplify crypto investing to make such as easy as trading the S&P 500.

What are your thoughts on today’s news tidbits? Tell us in the comments section below.


Images courtesy of Shutterstock, PRnewswire, Altonomy.


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Circle’s Poloniex Sees 190% Jump in Crypto Trading Volumes, Overtakes Bittrex

Poloniex, one of the oldest crypto exchanges in the global market, has become a major digital asset trading platform once again after years of stagnation. Until 2015, Poloniex was one of the largest crypto exchanges alongside Coinbase. It was the go-to exchange for traders investing in smaller trading pairs like tokens and alternative cryptocurrencies. But, … Continued

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Exchanges Round-Up: Spotware Launches “Out-of-the-Box” Platform, Huobi to Rebrand Hadax

Exchanges Round-Up: Spotware Launches “Out-of-the-Box” Platform, Huobi to Rebrand Hadax

In recent news pertaining to cryptocurrency exchanges, Spotware has announced the launch of an “out-of-the-box” cryptocurrency exchange platform, Huobi has announced that it’s Autonomous Digital Asset Exchange will be rebranded to “Huobi Next” before merging with Huobi Global, and Liechtenstein’s financial regulator will hold off on introducing legislation governing the operations of crypto-to-crypto virtual currency exchange Eterbase.

Also Read: Mt. Gox Victims Must Take Claims to Tokyo, Not US, Judge Rules 

Spotware Launches Out-of-the-Box Crypto Exchange Software

Exchanges Round-Up: Spotware Launches “Out-of-the-Box” Platform, Huobi to Rebrand HadaxEarlier this month, Spotware, a Cyprus-based company that offers “out-of-the-box” trading platforms for brokers, announced the launch of “Cxchange” – an out-of-the-box cryptocurrency exchange platform that “allows anyone to start a crypto exchange.”

Alexander Shuman, the chief executive officer of Spotware, stated: “We used our expertise and proven technologies to create Cxchange. There are only a few solutions available in the market resembling Cxchange, but our platform is a high-quality product unlike other ones, as it was developed by a professional financial software development company.”

Spotware’s website states that Cxchange offers “robust and scalable architecture, a matching engine which can support any asset, high level of security, and 24/7 technical support from Spotware.”

Huobi Announces Hadax Will Merge With Huobi Global

Exchanges Round-Up: Spotware Launches “Out-of-the-Box” Platform, Huobi to Rebrand HadaxThe Huobi Autonomous Digital Asset Exchange (Hadax) will be upgraded and rebranded to “Huobi Next,” before merging with Huobi Global on September 19th.

A blog post published by the exchange describes the merger as being the product of “a long-term strategic perspective,” adding that “The merged Huobi Next will be displayed in a unified interface with Huobi Global, where trading of all coins on the Hadax will be moved to Huobi Global. Huobi Global will share the brand potential, the trading users and other resources of Huobi Global with Huobi Next. The voting and Project Center will also be merged to the main website together with Huobi Next.”

Liechtenstein Financial Markets Authority Holds Off on Regulating Eterbase Exchange

Exchanges Round-Up: Spotware Launches “Out-of-the-Box” Platform, Huobi to Rebrand HadaxThe Financial Markets Authority (FMA) of Liechtenstein has decided against imposing regulatory guidelines on the operations of Eterbase AG – a crypto-to-crypto virtual currency exchange.

According to a post published to Eterbase’s blog, “The FMA has created legal certainty regarding the fiat or currency exchange business model and has declined its applicability. This is because Eterbase will not exchange crypto-to-fiat pairs on its own account, and instead will be merely matching exchange orders.”

Eterbase added that the issuance of its initial coin offering “is not deemed an activity which may be subsumed under a currency exchange pursuant to the FMA.”

Would you feel comfortable using a cryptocurrency exchange that runs an ‘out-of-the-box’ platform?  Share your thoughts in the comments section below!


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Huobi Acquires Licensed Cryptocurrency Exchange in Japan

Giant cryptocurrency exchange, Huobi has acquired a majority stake in Japan-based BitTrade in a move that is aimed at significantly scaling the trading platform and giving it greater global recognition. Now based in Singapore, Huobi was originally founded in China in 2013 and has over the years grown beyond borders into a number of nations … Continued

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