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 9–15 November 2020.
BCH Fork
The Bitcoin Cash (BCH) network underwent a semi-annual hard fork upgrade at 12:00 on November 15 (UTC). Due to two node schemes of Bitcoin Cash ABC and Bitcoin Cash Node, BCH split into two chains and generated brand-new coin in this fork. Based on this, we launched futures markets of BCH forked coins on September 23, please see Announcement on Preparations of Coming BCH Fork & Launch of Forked Coins Futures Markets. As described in the announcement, we will appoint the chain with the higher price as BCH, and according to the current market price, BCHN stands a good chance of inheriting BCH. Details
LISTING
To provide users with more trading and investment options, after rigorous research CoinEx listed ConFlux (CFX) and Polkadot (DOT).
Conflux (CFX)
About CFX
Website | Explorer
Conflux Network is an open protocol for a new world of DApps, finance, and Web 3.0. As a fast and secure public blockchain, Conflux Network combines Proof of Work and a Tree-Graph structure to power a new generation of decentralized commerce.By adopting a scalability consensus mechanism and safely retaining fork blocks, Conflux realized a high throughput rate of 3000–6000 TPS.
Polkadot (DOT)
About DOT
Website｜Explorer丨White paper
Polkadot is an open-source sharding multichain protocol that facilitates the cross-chain transfer of any data or asset types, not just tokens, thereby making a wide range of blockchains interoperable with each other.This interoperability seeks to establish a fully decentralized and private web, controlled by its users, and simplify the creation of new applications, institutions and services.Polkadot’s native DOT token serves three clear purposes: providing network governance and operations, and creating parachains (parallel chains) by bonding. Details
Product visual upgrade
Users’ interface was successfully upgraded over the week, users are invited to experience it and give their feedback and suggestions.
VIP & Market Making Fees Adjustment
Starting from 02:00 November 12, 2020 (UTC), adjustments were made to the VIP and Market Making fees so as to provide quality services as well as enhance users’ trading experience on CoinEx. Details
Ongoing Event
Newly Registered Users on CoinEx to Share 10,000 USDT
CoinEx joins hands with Aryacoin (AYA) to reward our newcomers with 10,000 USDT in total. From 00:00 November 6 (UTC), after successful registration and tasks completion, every CoinEx newly registered user can get 5 USDT as a reward. We will give away a total of 10,000 USDT on a first-come-first-served basis.
Task List:
1. Register on CoinEx and complete ID Verification. Click HERE to verify.
2. Bind Telegram account and join CoinEx official Telegram group.
3. Cumulative trading volume of AYA (buying + selling) exceeds 10,000 AYA. Click HERE to trade.
CoinEx Research Report
RESEARCH REPORT ABOUT CONFLUX NETWORK
Conflux represents the latest addition to an active field of distributed ledger technologies that are trying to address some of the scalability limitation of blockchains like Ethereum or Bitcoin. Dfinity, Hasgraph, Zilliqa, Algorand are some of the most prominent projects focused on this area. The ideas behind Conflux have some similarities with some of these projects but it remains loyal to the Nakamoto-consensus model. Full Report
Important Services
- CoinEx Lending releases: Hold & Yield at any time
- Margin promotion: 10-day FREE borrow for your FIRST margin trade
- Key Account Privileges Online: Honored Identity & Exclusive 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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