Tagged: crypto trading

April 14, 2020 @ 3:27 pm By Omar Faridi  |  

We recently caught up with the developers of the Atomic Asset Exchange (AAX), a Malta-based cryptocurrency trading platform that’s powered by LSEG technology, which is a part of the London Stock Exchange Group. Thor Chan, the CEO at AAX, explained why his company’s exchange platform… Read More

April 13, 2020 @ 1:37 am By Omar Faridi  |  

Digital bank Revolut allows its 7 million customers to purchase cryptocurrencies. This, as reserve banks across the globe have announced huge stimulus packages to support their struggling economies, following the deadly Coronavirus (COVID-19) outbreak. This support from Revolut, which is notably one of Europe’s most… Read More

April 12, 2020 @ 4:20 pm By Omar Faridi  |  

Venezuela-based digital currency exchange Criptolago has confirmed that it will introduce a text message-based payment platform that can handle transactions in Venezuela’s controversial (allegedly) oil-backed Petro (PTR) cryptocurrency and other major digital assets. The new payment system could potentially help Venezuela’s residents with transacting in … Read More

April 8, 2020 @ 8:09 pm By Omar Faridi  |  

Dsdaq, a Fintech firm established in October 2019, has secured $1.5 million in funding from several angel investors including Efftronics Asia, a Hong Kong-based family investment office, and Draper Dragon, a Silicon Valley-based VC firm. Jiaxuan (Leah) Li, CMO at Dsdaq, stated: “Dsdaq is dedicated… Read More

March 31, 2020 @ 2:26 pm By Omar Faridi  |  

Huobi derivatives markets (DM), a trading platform that supports cryptocurrency futures and perpetual contracts, has introduced perpetual swaps, which are a new type of derivative product that allows users to better hedge risk and access leveraged arbitrage opportunities during volatile or unstable market conditions. As… Read More

March 30, 2020 @ 12:36 pm By Omar Faridi  |  

Leading digital asset exchange Binance will be delisting all 25 of its FTX leveraged cryptocurrency tokens. The exchange operator wrote in a company blog post published on March 28, 2020: “Due to lack of understanding of how leveraged tokens work by many of our users,… Read More

March 25, 2020 @ 1:54 pm By Omar Faridi  |  

Brave, the developer of a blockchain-powered Internet browser, has teamed up with leading crypto exchange Binance, in order to allow users to trade digital assets through its newly designed tab page. The Brave browser is an open-source project that’s based on Chromium, which is also… Read More

March 25, 2020 @ 9:51 am By Omar Faridi  |  

Digital asset exchange Bitfinex has introduced a new surveillance tool, called “Shimmer,” reportedly in order to combat cryptocurrency market manipulation and other types of abuse. The tool will also help promote “orderly trading” on the exchange, according to the company. Bitfinex has been the target… Read More

March 24, 2020 @ 7:58 am By Omar Faridi  |  

Chainalysis, a leading blockchain analytics and security company, has teamed up with Paxful, a major peer-to-peer (P2P) digital asset exchange. The partnership involves Chainalysis helping  Paxful with enhancing its compliance and KYC processes. Paxful will reportedly be using Chainalysis’ know your transaction (KYT) and “reactor”… Read More

March 20, 2020 @ 6:34 pm By Omar Faridi  |  

Singapore-headquartered digital asset exchange Phemex announced on March 17, 2020, that it will be offering a proprietary perpetual contract, which is reportedly pegged on gold and settled in nominal US dollars. According to a press release shared with Crowdfund Insider: “Each contract is worth 0.001… Read More

March 20, 2020 @ 7:47 am By Omar Faridi  |  

Cryptocurrency adoption is steadily increasing and the coronavirus (COVID-19) pandemic appears to have motivated or influenced Italy’s Banca Sella to introduce a Bitcoin (BTC) trading service. The BTC trading may be performed through Banca Sella’s Hype exchange platform, with the bank serving as a trusted… Read More

March 19, 2020 @ 10:41 pm By Omar Faridi  |  

Huobi, a crypto firm with offices in Singapore, Hong Kong, Korea, Japan, and the US, announced that its digital asset derivatives exchange platform, Huobi DM, will introduce a “partial liquidation” feature that will help limit significant losses resulting from trading during extremely volatile market conditions…. Read More

March 19, 2020 @ 11:45 am By Omar Faridi  |  

US-based CoinZoom, a regulated digital asset exchange, has announced the official launch of its crypto trading platform and its company Visa card. Users will now be able to purchase, sell, and spend a wide range of cryptocurrencies via CoinZoom’s exchange platform. According to a press… Read More

March 19, 2020 @ 9:05 am By Omar Faridi  |  

Digital asset exchange Binance has introduced peer-to-peer (P2P) cryptocurrency trading options which support five major Latin American fiat currencies. Traders that use Binance’s P2P exchange will be able to purchase and sell digital currencies directly with the Argentine peso (ARS), Brazilian real (BRL), Colombian peso… Read More

March 15, 2020 @ 3:08 pm By Omar Faridi  |  

Changpeng Zhao, CEO at Binance, the world’s largest cryptocurrency exchange by adjusted trading volume, has revealed that the firm will introduce a fiat gateway for South African digital asset traders, which will allow them to make deposits in Rands. The announcement was made during the… Read More

February 27, 2020 @ 8:41 am By Omar Faridi  |  

San Francisco-based Square, Inc. (NYSE:SQ), a payment and mobile financial service provider, has released its Q4 2019 earnings report, which notably highlights a record-breaking quarter for Bitcoin (BTC)-related transactions. Square’s management revealed that the company handled over $178 million in BTC purchase volumes during the… Read More

February 17, 2020 @ 1:09 pm By Samantha Hurst  |  

Cryptocurrency trading platform PrimeXBT recently announced the launch of its new trading platform, PrimeXBT Turbo, which is notably designed to offer up to 90 percent profit in just 30 seconds. According to PrimeXBT, the PrimeXBT Turbo platform is claimed to be a first for the… Read More

February 3, 2020 @ 9:57 am By Omar Faridi  |  

US residents now have another zero-fee option to purchase Bitcoin (BTC) using the US dollar. On January 30, 2020, Tokyo-headquartered digital asset exchange bitFlyer introduced its commission-free service for the BTC/USD trading pair to its US-based clients. bitFlyer’s zero-fee feature is currently only being offered… Read More

December 31, 2019 @ 10:34 am By Omar Faridi  |  

The National Tax Service (NTS) of South Korea confirmed that it will be withholding taxes worth an estimated 80.3 billion Korean won (appr. $70 million) from Bithumb, the nation’s largest digital asset trading platform. Bithumb Holdings’ largest shareholder, Vidente, which operates Bithumb’s Korea division, confirmed… Read More

December 12, 2019 @ 11:25 am By Samantha Hurst  |  

Cryptocurrency trading platform PrimeXBT announced on Thursday the launch of its new Telegram bot, which is designed to provide traders with the up-to-the-minute market and position data. PrimeXBT claims that this is a first-of-its-kind tool among cryptocurrency exchanges. “PrimeXBT has become the first trading platform… Read More