Sunday, September 27, 2020

CoinEx Weekly Update, 21–27 September 2020

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Dear CoinEx users, to keep you updated each week, we will share with you a recap of all the exciting events of the previous week. Below are major events that occurred in the ecosystem over the 21–27 September.

Termination of Services in Hong Kong

In compliance to Hong Kong’s regulations and regulatory requirements of central authority, starting from 23rd of october 2020, all IP visits from Hong Kong will be barred and users from the region are advised to withdraw their assets from CoinEx as soon as possible.

Moving forward:
1. ID verification: CoinEx will NO LONGER accept ID verification submission for users in Hong Kong;
2. App services: CoinEx APP will be offline from application markets in Hong Kong.

BCH Fork & Launch of Forked Coins Futures Markets

The Bitcoin Cash (BCH) network will undergo a semi-annual hard fork upgrade on November 15 as scheduled. CoinEx is a strong proponent of the BCH ecosystem, supporting trading markets with BCH as the pricing coin. To provide users with better services, we are going to launch futures markets of BCH forked coins on September 24, 2020.

Details

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OneSwap

Add Liquidity and yield farm $ONES with OneSwap

OneSwap, invested by CoinEx, published a step by step guide how to farm ONES.

Details

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New Listing

AVAX Launched: Deposit to Share 20,000 AVAX

To provide users with more trading and investment options, CoinEx listed AVAX alongside a listing promo event with 20,000 AVAX in prizes.

Event 1: Deposit to share 13,000 AVAX, Event 2: Invite new users to deposit for 7,000 AVAX sharing.

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About AVAX
WebsiteExplorerWhitepaper
Avalanche is an open-source platform for launching highly decentralized applications, new financial primitives, and new interoperable blockchains.

Details

Node Maintenance

NANO Deposit & Withdrawal Suspension

As a result of the upcoming maintenance of NANO, CoinEx has suspended NANO deposit and withdrawal to ensure our users’ assets security until successful completion of maintenance.

Details

CoinEx Research Report

RESEARCH REPORT ABOUT SWERVE FINANCE

This research report will introduce The Swerve Finance. Swerve Finance, developed by an anonymous user or team, announced plans to release a 100% community-owned fork of the popular stablecoin swap platform Curve Finance. Its website claims the forked protocol will be free from numerous issues that have allegedly occurred since launch, among them pre-mining and centralized control by founders.

Full report by Gamals Ahmed, CoinEx Business Ambassador

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Important Services

ABOUT CoinEx

As a global and professional cryptocurrency exchange service provider, CoinEx was founded in December 2017 with Bitmain-led investment and has obtained a legal license in Estonia. It is a subsidiary brand of the ViaBTC Group, which owns the fifth largest BTC mining pool, which is also the largest of BCH mining, in the world.

CoinEx supports perpetual contract, spot, margin trading, and other derivatives trading, and its service reaches global users in nearly 100 countries/regions with various languages available, such as Chinese, English, Korean and Russian.

Click here to register on CoinEx

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