CoinEx Weekly Update
WEEKLY RECAP FOR DECEMBER 14–20, 2020.
Happy new week CoinEx traders, welcome to another edition of CoinEx weekly update, where we keep you updated with happenings in CoinEx ecosystem on weekly basis. Below are major events that took place from 14–20 of December , 2020.
It’s been 3 years of CoinEx providing premium trading services to its esteemed users and will conduct several events to give back to its many users for their support and trust, CoinEx will hold an exclusive celebration with a big reward of 100,000 USD in total. The details can be found here.
To provide users with more and safer trading options, CoinEx listed some interesting projects over the week after rigorous reviews.
Kava is a cross-chain DeFi lending platform that allows users to borrow USDX stablecoins and deposit a variety of cryptocurrencies to begin earning a yield.The Kava DeFi hub operates like a decentralized bank for digital assets, allowing users to access a range of decentralized financial services, including its native USD-pegged stablecoin USDX, as well as synthetics and derivatives. Through Kava, users are able to borrow USDX tokens by depositing collateral, effectively leveraging their exposure to crypto assets.
GHST is launched as a DAICO — a DAO governed token sale, which means that the funds raised are managed by the community. GHST is described to be a DeFi-enabled crypto collectibles project that allows users to collect, compete, and combine their Aavegotchis for a gamified DeFi experience.
The Graph is an indexing protocol for querying data for networks like Ethereum and IPFS, powering many applications in both DeFi and the broader Web3 ecosystem. Anyone can build and publish open APIs, called subgraphs, that applications can query using GraphQL to retrieve blockchain data. There is a hosted service in production that makes it easy for developers to get started building on The Graph and the decentralized network will be launching later this year. The Graph currently supports indexing data from Ethereum, IPFS and POA, with more networks coming soon.
The Golem (GNT) token swap to GLM will be supported by CoinEx. If you’ve held GNT on CoinEx, during the swap, you do not need to do anything particularly. If you want to have your GNT swapped effortlessly, you may also deposit GNT to CoinEx.
CoinEx will support the Enigma (ENG) tokens swap to Secret Network (SCRT) (Visit https://secretnodes.org/#/ss for more information).
If you’ve held ENG on CoinEx, during the swap, you do not need to do anything particularly. If you want to have your ENG swapped effortlessly, you may also deposit ENG to CoinEx.
To provide full asset security to users, CoinEx have suspended FIL deposit and withdrawal until successful completion of network upgrade.
FIL Deposit & Withdrawal:
Close on: December 20, 2020 (UTC)
Estimated time to reopen: Depends on the update progress.
Trading and inter-user transfer of FIL trading pairs on CoinEx will not be affected during this period.
- 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. 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