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CoinEx Weekly Update

Xclusively Tochi
4 min readJul 20, 2020

Weekly update for July 13-19 July, 2020.

Dear CoinEx traders, the past week was a busy one in CoinEx ecosystem. Lots of coins listed, trading events ongoing, ecosystem expanding as usual. The week also experienced the worst twitter hack ever with many notable twitter handles affected. Fortunately CoinEx was one of the few major crypto related accounts that was not affected, In this recap are major events that took place over the week in CoinEx

Join The DeFi Train And Share $20k

As DeFi continues to shine and gain more attention, CoinEx has put in place a DeFi tokens earning campaign to reward its users.

Duration
July 15, 2020 - July 24, 2020 (UTC+8)

Tokens Involved:
LINK, SNX, COMP, REN, KNC

More informations on the events

More On CoinEx Listing

Provision of more and a better investment/trading options have always been a thing of great importance to the CoinEx team, to this reason, more coins particularly centered on DeFi were listed after rigorous reviews.They are

Bitshares (BTS)

Bitshares (BTS), formerly known as ProtoShares, is a peer-to-peer distributed ledger and network that can issue collateralized market-pegged smart coins known as bitAssets.Bitshares was created by Dan Larimer, the co-founder of eosio, Steemit, and Cryptonomex. BitShares also has its own decentralized exchange. BTS was listed for trade alongside with a trading event divided into two categories.

Event Details
Event 1: Deposit to share 60,000 BTS
Duration: 3:00 July 14–16:00 July 20, 2020 (UTC)
Event 2: Trade to share 40,000 BTS
Duration: 3:00 July 17–16:00 July 20, 2020 (UTC)

About BTS
Website | Explorer | White paper

Listing and Trade Event Details

NUMERAI (NMR) Launched

Numerai is a framework to help you automate your weekly submission workflow with your own infrastructure. Use the numerai-cli to provision your infrastructure, and deploy your pre-trained model as a server that listens for new tournament data, runs your model and uploads the predictions back to Numerai.

About NMR
Website | Explorer

Listing Details

TikTok Video Campaign

Put your creativity to test and earn in the CoinEx Tiktok challenge. Lots of fantastic prizes to be won.

CoinEx Announces Support For Avax Mainnet Token

Avalanche is an open-source platform for launching highly decentralized applications, new financial primitives, and new interoperable blockchains. Upon its mainnet launch, CoinEx will support Avax for trading, starting with AVAX/BTC & AVAX/USDT pairs. A trading event will be held also to reward users. Be prepared!

ONT/VET/NEO/TRX for ONG/VTHO/GAS Staking Reward Paid

CoinEx holders of the mentioned coins received their staking rewards for the month of June.

Hold & get staking incentives
1. Hold NEO and get GAS
2. Hold ONT and get ONG
3. Hold VET and get VTHO

Allocation time
July 15,2020

For more details on the calculation, see here

Suspension And Resumption of Perpetual Contract Trading

Perpetual contract trading was suspended to carry out system upgrade. This was done to provide traders with better trading experience.

Upgrade duration:
10:00–10:05, July 17, 2020 (UTC)

About this upgrade:
Once it is completed, the price precision of BTCUSD Contract will be changed from 0.5 to 0.1

NODE MAINTENANCE

Suspension And Resumption Of Deposit And Withdrawal Of Affected Projects

Important

CoinEx is a global cryptocurrency exchange platform where you trade cryptocurrencies in one simple and secured interface. Coinex provides a high speed, low cost and highly secured exchange experience.

Sign-up here for optimum trading services

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Xclusively Tochi
Xclusively Tochi

Written by Xclusively Tochi

Crypto enthusiast | CoinEx ambassador

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