CoinEx Weekly Update, 23–29 November 2020

CoinEx
3 min readNov 30, 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 23–29 November 2020.

XDAG ONLINE

About XDAG
WebsiteExplorerWhite paper
Dagger (token XDAG) is a new crypto currency, which is not based on the blockchain, but on an directed acyclic graph (DAG) instead and, unlike other DAG-oriented coins, allows mining.

XDAG Services
1. Deposit: 8:00 November 26 (UTC)
2. Withdrawal: 8:00 November 26 (UTC)
3. Trading pairs: XDAG/USDT
4. Opening method: Call Auction
a. Call Auction
8:00–8:50 November 27, 2020 (UTC)
Orders can be placed and cancelled
8:50–9:00 November 27, 2020 (UTC)
Orders can be placed but cannot be cancelled
b. Trading
9:00 November 27, 2020 (UTC)

Details

ETC Hark Fork Upgrade and Deposit & Withdrawal Suspension

ETC (Ethereum Classic) is scheduled to undergo THANOS Hard Fork Upgrade at block height of 11,700,000 (Note: This hard fork & upgrade will not result in a new token being created) . To ensure our user’s assets security, CoinEx has made the following arrangements.

ETC Services:
1. Closes on: 13:00 November 28, 2020 (UTC)
2. Estimated time to reopen: To be determined

Details

CoinEx Will Support the Spark (SPARK) Airdrop Program for XRP (Ripple) holders

CoinEx will support the Spark (SPARK) Airdrop Program for XRP (XRP) holders. XRP’s partner Flare Networks, a blockchain company, said it plans to launch a XRP Ledger-based token named Spark in December. Investors of XRP can claim a free Spark for each XRP they hold on December 12. With Spark, users can issue and convert to FXRP (FXRP is the gas to run smart contract on Flare), thereby generating returns.

Details

Upgrade in CoinEx Ambassador Rules

There will be an upgrade to the current CoinEx ambassador program, this is to help CoinEx Ambassadors improve their promotion capabilities to get higher promotion income and encourage more users to get involved in this program.

Details

CoinEx Institution

RESEARCH REPORT ABOUT SKALE NETWORK

SKALE proposes a decentralized, configurable network of on-demand blockchains that support high-throughput, low-cost, and low-latency transactions enabled with storage capabilities and advanced analytics. Additionally, SKALE proposes messaging protocols that enable participants to communicate between these disparate systems.

Important Services

ABOUT CoinEx

As a global and professional cryptocurrency exchange service provider, CoinEx was founded in December 2017 with Bitmain-led investment. 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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