CoinEx Weekly Update, 5–11 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 5–11 October.
Aave (LEND) Token Swap to AAVE Will Be Supported on CoinEx
With Various Service Updates & Settlements
Token swap process for Aave will begin at 2:00 on October 12, 2020 (UTC).
Aave (from the Finnish word for “ghost”) is an open source non-custodial protocol on Ethereum for decentralized lending and borrowing. For lenders, the protocol mints ERC20-compliant aTokens at a 1:1 ratio to supplied assets. Interest immediately starts compounding continuously, represented by a steady increase in the amount of aTokens held by the lender.
Filecoin Mainnet & FIL Deposit Are Coming Soon
CoinEx is planning to support Filecoin Mainnet
Filecoin will be listed for trading soon on CoinEx to provide users with more and safer trading options and investments. Filecoin will be listed with BTC and USDT pairs.
Website | Explorer
The IPFS is a global, peer-to-peer, distributed version of the file system. The goal is to supplement (or even replace) the HTTP that currently rules the Internet. The 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.
- 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
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