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CoinExchange.io is Closing Down

Sying Tien

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The Australian based cryptocurrency exchange CoinExchange.io will be shutting down on the 15th of October 2019, it has been serving the crypto community since 2016.

CoinExchange is currently listed on CoinMarketCap. The exchange was a small trading platform that had a weekly volume of $6 million yet it was serving a high number of trading pairs (around 400 trading pairs). It was a popular exchange among the low-budget new crypto projects and was known for its user friendly user interface, low trading fees and its prompt customer support.

This is purely a business decision and there has not been a security breach or any other type of incident. Unfortunately it is no longer economically viable for us to continue offering market services. The costs of providing the required level of security and support now outweigh our earnings.

Quoted from coinexchange announcement

The withdrawals will remain operational until the 1st of December 2019. So make sure to withdraw your funds before that date.

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Altcoins

Binance.US Adds Dash Coin

Sying Tien

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DASH-is-added-to-binance

Binance.us, the US division of the Chinese cryptocurrency exchange Binance, announced that it has listed Dash (DASH) coin on its platform. Dash trading will be available today at 9:00pm EST.

Currently Binance.us supports 14 coins: Bitcoin (BTC), Bat Toekn (BAT), Cardano (ADA), Bitcoin Cash (BCH), Binance coin (BNB), Ethereum Classic (ETC), Ethereum (ETH), Litecoin (LTC), ChainLink (LNK), Ravencoin (RVN), Stellar Lumens (XLM), Ripple (XRP), 0x (ZRX) and lastly DASH.

Binance.US, is a digital cryptocurrency marketplace for Americans operated by our local U.S. partner, BAM Trading Service.

Whats is DASH Cryptocurrency?

Previously known as darkcoin, is a cryptocurrency designed specifically for payments. Dash is a peer-to-peer decentralized electronic form of payment, which is free from centralized regulations, such as bank or government authority, and allows users to transact anonymously. This currency was inspired by cryptocurrency leader Bitcoin, but with a couple of major differences.

DASH/BTC Price Chart

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Exchanges

Coinbase Obtains E-money license in Ireland

June G. Bauer

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Coinbase-Ireland-license

Coinbase, the largest U.S. cryptocurrency exchange and wallet service, will be expanding its operation in Ireland after successfully e-money license from the Central Bank of Ireland.

According to The Irish Times and Coinbase’s blog , Coinbase is one of the companies to receive the e-money license in Ireland.

Coinbase’s choice of Dublin for this operation reinforces the strength of Ireland as a destination for financial services companies, providing a consistent, certain, pro-enterprise policy environment for businesses to grow and thrive

Martin Shanahan, CEO, IDA Ireland

Coinbase is one of the largest cryptocurrency exchanges in the world, it is based in San Francisco, California and currently has more than 30 million users, while over $150 billion has been traded on its platform.

Coinbase has always been working on “licensing”. It firstly obtained BitLicense from New York State Department of Financial Services (NYDFS) and later acquiring a fully licensed securities firm.

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Altcoins

Bittrex Adds VeChain

June G. Bauer

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Bittrex-adds-Vechian

Bittrex cryptocurrency exchange has added VeChain (VET) to it’s international trading platform. Vet is already listed and traded on Binance and OceanEx.

VeChain Foundation is a non profit entity established in Singapore. VeChain provides a blockchain-enabled platform that is designed to enhance supply chain management processes. It provides retailers and consumers with the ability to determine the quality and authenticity of products that are bought.

During the last couple of years, VeChain signed partnerships with big names like Microsoft, PwC, Renault and Xiamen Innov Information Technology Co Ltd.

VeChain (VET) /USD Price Chart

What is Bittrex Intentional Exchange?

Bittrex International is a European-based secure, reliable & advanced cryptocurrency trading platform for non-U.S. customers.

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