Deposit and withdrawal are the most critical steps in crypto transactions. “How long does it take for my deposits to arrive?” “I have tried everything. What else should I do to withdraw my token?” These are the questions that beginners frequently ask. When it comes to deposit and withdrawal, sometimes even seasoned crypto investors can make simple mistakes.
In fact, the seemingly simple operation of deposit and withdrawal requires a lot of know-how. Today, CoinEx will walk you through a few things that you should know about the process of crypto transfers.
I. The specific process of deposit and withdrawal
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Concepts such as NFT, the metaverse, and GameFi have boomed. Driven by current investment trends, the gaming mechanism of Play to Earn has presented great opportunities, and all kinds of blockchain games are popping up. Of these games, one project aims to build an all-encompassing platform for the game sector. This project is called Gala Games, which is a rare blockchain game platform based on the ERC1155 standard.
Although most people are familiar with ERC20 or ERC721, many may not have heard of ERC1155, which is a new token standard released by service providers of game development. The standard aims…
August and September of 2021 are two months when Solana made envious strides. Its coin price soared from $35.47 on August 1 to $201.23 on September 9, an increase of 467% in just over one month. The price surge has boosted Solana’s market cap, getting the blockchain company into the top 10 digital currencies all over the world.
At the moment of unparalleled success, Solana abruptly suffered a huge bug: at around 8 pm on September 14, its mainnet beta started to experience instability, with all applications on the blockchain unable to respond to requests. It was not until 2…
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 from 13th — 19th September 2021.
Ongoing Activity
The CSC Global Hackathon officially kicked off on 15th Sep. Partnered with ViaBTC Capital, the Hackathon has prepared a total $300,000 prize pool, $100,000 initial prize, and $200,000 ballot bonus. Register here.
Derivatives trading volume is at least 4.6 times that of spot trading volume, stated Cointelegraph in 2020. In this trillion-dollar blue ocean, derivatives trading, represented by contracts, has been growing fast since 2020.
According to TokenInsight’s 2021 Q1 report that tracked related transaction data from a total of 51 cryptocurrency exchanges involving perpetual contract business, the trading volume of perpetual contracts reached $14.75 trillion, beyond the total figure of derivatives in the last whole year, making perpetual contracts the absolute mainstream product in the derivatives market. The USDT-margined contract has continued its strong performance and become the most popular contract…
This year, NFT has gone viral. While CryptoPunks remains popular, and the character NFT Loot has flourished. Loot was officially launched on Twitter on August 28. How popular is this project? Bo Feng, the founding partner of Ceyuan Ventures, bought Loot#1288 for 35 ETH, and even Ethereum co-founder Vitalik Buterin praised Loot as a game infrastructure. According to data from DappRadar, in the last two weeks, the turnover of Loot exceeded $230 million, and its daily turnover has surpassed that of Boring Ape.
18.88 ETH. Before this, Loot had been soaring. However, after September 4, the price plummeted. As of…
Many newcomers to the crypto world must have heard of the two words: maker and taker, yet without much knowledge about the two. Still, some newbies find themselves confused about the transaction fees in the maker-taker mechanism. Here is one of the most common questions among them: why are my transaction fees so much higher than those of other market makers on the same trading platform?
So what is a maker and what is a taker? What can newbies do to save transaction fees? Below are some useful tips.
1) What is a maker? …
Recently, more than 700,000 users participated in the public token sale of Immutable X on Coinlist to snap up 1 million $IMX (5% of the total). Why are users so crazy for the public sale of $IMX? From my point of views, one reason is the recent rebound in market conditions and the other is that NFT Summer not only inspires our enthusiasm for NFTs , but also makes us realize that costly Gas fees in Ethereum is preventing more people from interacting with NFT (investment, collection and trading). …
A while back, the NFT card game Splinterlands launched the governance token SPS and quietly became one of the top three DappRadar games. Now, the game has reappeared on the market’s radar. Players and investors who have seen the boom of Axie Infinity will never want to miss Splinterlands.
As a blockchain game that has been running on Steem for 3 years, Splinterlands’ design logic, gaming mechanism, impressive graphics, and diversified gameplay helped it gain plenty of loyal players. …
Why do young investors prefer cryptocurrencies? Or, to put it more plainly, why do young people like crypto speculation? In the public eye, the phrase “crypto speculation” is often associated with negative implications such as “radical”, “high-risk”, and the “ambition” for getting rich. However, the preference for cryptocurrency among the young seems to be unstoppable. According to the latest report released by Crypto.com, in January 2021, there were 106 million crypto holders worldwide, and the figure has surged to 221 million by August 2021, compared to only 66 million in May 2020. …
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