CoinEx Weekly Update, 12–18 October 2020
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 12–18 October.
CoinEx Lists FIL on October 15 (UTC)
Filecoin was listed on CoinEx after rigorous reviews to provide users with more and safer trading and investment options.
The IPFS (InterPlanetary File System) is a global, peer-to-peer, distributed version of the file system. Its goal is to supplement (or even replace) the HTTP that currently rules the Internet. Also, its principle is to use content-based addresses instead of domain-based addresses, that is, users are not looking for an address but content stored in a certain place. There is no need to verify the identity of the sender, but only the hash of the content. Filecoin is an incentive layer on top of IPFS, and a decentralized storage market that is built on IPFS through the token incentive model.
Wallet and Node Maintenance
DGTX Deposit & Withdrawal Resumption and Contract Replacement Completion
CoinEx has completed the contract replacement of DGTX, and resumed its deposit and withdrawal on October 15, 2020 (UTC).
New contract address: 0xc666081073E8DfF8D3d1c2292A29aE1A2153eC09
AVAX Withdrawal Suspension
CoinEx suspended AVAX withdrawal due to wallet maintenance. Suspension of withdrawal was to enhance security of users assets. Trading, deposit and inter-user transfer of AVAX trading pairs on CoinEx will not be affected during this period.
Enjoy Triple Benefits as a CoinEx Referral Ambassador
As a result of the huge success of the CoinEx Ambassador Program, to bring more users to the Ambassador Program, the platform will hold events with exclusive benefits for Referral Ambassadors.
RESEARCH REPORT ABOUT CREAM FINANCE
CREAM Finance ($CREAM) stands for Crypto Rules Everything Around Me. The project began with a vision to establish a financial system more accessible than its traditional counterparts did. So CREAM has created an ecosystem that can be linked with other Ethereum platforms to efficiently provide a spectrum of services for its users. The liquidity mining trend, which is currently the most talked-about aspect of the decentralised finance (DeFi) space due to its potential high returns has also helped CREAM establish its popularity and footing in this field.
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