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CoinEx Weekly Updates

4 min readNov 15, 2020

Weekly update for November 9–15, 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 9–15 of November , 2020.

Happy Diwali from CoinEx Team!

NEW COIN LISTING

To provide users with more and safer trading and investment options, CoinEx listed ConFlux and Polkadot after rigorous research.

Polkadot(DOT) ONLINE With Trading pairs: DOT/BTC, DOT/USDT

About DOT
Website｜Explorer丨White paper
Polkadot is an open-source sharding multichain protocol that facilitates the cross-chain transfer of any data or asset types, not just tokens, thereby making a wide range of blockchains interoperable with each other.

Conflux(CFX) Online With CFX/BTC, CFX/USDT Pairs

Deposit to share CFX worth 5,000 USDT

Duration
12:00 November 9–24:00 November 15, 2020 (UTC)

About CFX
Website | Explorer
Conflux Network is an open protocol for a new world of DApps, finance, and Web 3.0. As a fast and secure public blockchain, Conflux Network combines Proof of Work and a Tree-Graph structure to power a new generation of decentralized commerce.By adopting a scalability consensus mechanism and safely retaining fork blocks, Conflux realized a high throughput rate of 3000–6000 TPS.

System Upgrade

Suspension of Perpetual Contract Trading

The suspension of perpetual contract trading took place to allow for system server upgrade. The upgrade which lasted for about ten minutes (08:00 to 08:10 on November 13, 2020 UTC) was to provide users with better trading experience.

Product visual upgrade

Users’ interface was successfully upgraded over the week, users are urged to experience it and give their feedback and suggestions.

VIP & Market Making Fees Adjustment

Starting from 02:00 November 12, 2020 (UTC), adjustments were made to the VIP and Market Making fees so as to provide quality services as well as enhance users’ trading experience on CoinEx. Full details here.

Ongoing Event

NewComers Reward

Newly Registered Users on CoinEx to Share 10,000 USDT

In conjuction with AryaCoin (AYA), CoinEx will give away a total of 10,000 USDT on a first-come-first-serve basis to new comers who registers and successfully completes the tasks. Check full details here.

Task List:
1. Register on CoinEx and complete ID Verification. Click HERE to verify.
2. Bind Telegram account and join CoinEx official Telegram group.
3. Cumulative trading volume of AYA (buying + selling) exceeds 10,000 AYA. Click HERE to trade.

CoinEx Research Report

RESEARCH REPORT ABOUT CONFLUX NETWORK

Conflux represents the latest addition to an active field of distributed ledger technologies that are trying to address some of the scalability limitation of blockchains like Ethereum or Bitcoin. Dfinity, Hasgraph, Zilliqa, Algorand are some of the most prominent projects focused on this area. The ideas behind Conflux have some similarities with some of these projects but it remains loyal to the Nakamoto-consensus model. Full report here.

Important Services

ABOUT CoinEx

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