CoinEx Weekly Recap, 17–23 May 2021

CoinEx
5 min readMay 24, 2021

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 17–23 May 2021.

Ongoing Activities

Lock & Stake CET to mine 500,000 ONES!

CoinEx Chain will be upgraded to CoinEx Smart Chain (CSC), a brand new chain that supports smart contract, and multi-chain DEX OneSwap will be the first project on CSC, as OneSwap’s governance token, ONES, will be issued on CSC through cross-chain. Therefore, CoinEx presents to you an exclusive promotion of “Lock & Stake CET to mine 500,000 ONES”.

NULS Listing Campaign: Trade to Share 3,000 NULS

To provide you with more trading options, after rigorous reviews, CoinEx listed NULS and support deposit and withdrawal & Automated Market Making (AMM) on May 21, 2021 (UTC). And its trading pairs NULS/USDT,NULS/BTC will be available on the same day.

CoinEx is looking for crypto enthusiasts and KOLs from USA, Germany, France, South Korea and MENA

Listing

About BAND
Website| Explorer|White Paper
Band Protocol is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts. It is built on BandChain. Based on Comos’ state-of-the-art SDK. BandChain can process thousands of transactions per second with instant finality and the ability to send oracle data across multiple blockchains.

About EGLD
Website|Explorer|White Paper
Elrond is a high-throughput public blockchain aimed at providing security, efficiency, scalability and interoperability. The two most important features that set Elrond apart are Adaptive State Sharding and the Secure Proof of Stake consensus mechanism.

About TOMO
Website|Explorer|White Paper
The TomoChain blockchain and product ecosystem enable development of high-performance blockchain projects. An array of original features and protocols is designed to support speed, privacy, usability, and liquidity needs all in one platform. TomoChain is built on a performance layer that achieves high transaction speeds without compromising decentralization

About ALICE
Website|Explorer|White paper
My Neighbor Alice is a multiplayer builder game, where anyone can buy and own virtual islands, collect and build exciting items and meet new friends. The game combines the best of the two worlds — a fun narrative for regular players who want to enjoy the game play experience as well as an ecosystem for players who want to collect and trade NFT:s, even if they have no idea what an NFT is.

About CVC
Website|Explorer|White paper
Civic is building an ecosystem that is designed to facilitate on-demand, secure and low-cost access to identity verification(“IDV’)services via the blockchain, such that background and personal information verification checks will no longer need to be undertaken from the ground up every time.

Announcements

Announcement on Disabling “Stop-Market” Feature

To provide you a better trading experience, we will disable the “Stop-Market” order type.

Announcement on Upgrading Deposit Address for CKB and HNS Assets

To provide you with a better deposit experience and ensure the security of our users’ assets, CoinEx has upgraded your deposit addresses during the maintenance at 14:00 on May 21, 2021 (UTC). Previous deposit have been invalidated and a deposit address is generated for every user.

Announcement on Upgrading Deposit Address for BEAM Assets

To provide you with a better deposit experience and ensure the security of our users’ assets, CoinEx has upgraded your deposit addresses during the maintenance at 14:00 on May 21, 2021 (UTC). Previous deposit have been invalidated and a deposit address is generated for every user.

Announcement of CoinEx Wallet System Maintenance on May 21, 2021

To provide you a better deposit and withdrawal experience and further realize our ambition of building a world-leading digital coin exchange, we will upgrade our wallet system at 10:00 on May 21, 2021 (UTC). Some related services will be suspended at that time.

Announcement on FNX Deposit & Withdrawal Suspension

Due to the network upgrade of FNX, CoinEx has suspended FNX deposit & withdrawal to ensure our users’ assets security.

Announcement on KNC Smart Contract Swap

CoinEx will support Kyber Network(KNC)smart contract swap. To ensure your asset security, KNC deposit and withdrawal will be suspended in a designated period. The details are as follows.

Announcement on XTZ Deposit & Withdrawal Suspension

Due to the network upgrade of XTZ, CoinEx has suspended XTZ deposit & withdrawal to ensure our users’ assets security.

Announcement on Supporting AMM in Stablecoin Markets

To improve the liquidity and standardization of CoinEx market and better promote the healthy development of our business ecology, we are scheduled to support AMM in stablecoin markets, which is applied with “constant product market maker formula” algorithm, improves fund utilization rate, and brings firm liquidity to the market in a certain price range.

Announcement on SAI Smart Contract Swap and Change of Token Name

CoinEx will support SAI smart contract swap and change of token name. To ensure your asset security, SAI deposit and withdrawal will be suspended in a designated period.

Announcement on Fees of AMM Market Upgrade

To improve our service quality as well as users’ trading experience on CoinEx, we have decided to make adjustments to the Fees of AMM Market.

Announcement of CoinEx Wallet System Maintenance on May 21, 2021

To provide you a better deposit and withdrawal experience and further realize our ambition of building a world-leading digital coin exchange, we will upgrade our wallet system at 10:00 on May 21, 2021 (UTC). Some related services will be suspended at that time.

CoinEx Institution

Possibly the Next Dogecoin? Banano Stands Out

Born as a joke and derived from a fork in Nano, Banano using DAG architecture stands out

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