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Digitex Announces Testnet Launch Date

On Friday, August 23, Digitex announced the launch date of its upcoming Testnet. Beginning on November 30, the public will be able to test out the new futures trading platform starting with one market, a DGTX-funded perpetual swap BTCUSD contract. Zero-Fee Futures Trading The new platform, co-developed by SmartDec, has a few features that are different from previously-launched cryptocurrency futures exchanges. Fee structure is a key area where Digitex is trying to be different from the competition.  Similar platforms generate revenue by charging users for each side of a trade. On the Digitex trading platform, there will be zero fees...

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Binance CEO: We Are All Satoshi”

In a tweet posted earlier this week, the CEO of Binance said that we all are Satoshi Nakamoto, the anonymous name given to the creator of Bitcoin. Changpeng Zhao said this a few months after he stated, clear as day that the self-proclaimed Satoshi, Craig Wright is not the inventor of the first cryptocurrency. So according to Zhao, all of us in the crypto space are Satoshi. Even though he didn’t say anything else on top of this as to what he meant by the statement, its a nice sentiment at the least. we are all satoshi. — CZ Binance...

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Canadian Exchange Claims Bitcoin Is More Efficient For Paying Taxes Than Bank Cards

The co-founder of the cryptocurrency exchange Coinberry in Toronto has claimed Bitcoin is more efficient for paying taxes than bank cards. As reported earlier this week by the real estate news outlet Mansion Global, Evan Kuhn said that his firm takes significantly lower fees than the ones that card institutions impose on their clients. He went onto say: “A credit card company charges a 3% fee. [...] Our fee is .5%, so that’s a lot more beneficial for the municipalities.” Coinberry acts as an intermediary because local municipalities aren’t allowed to hold or accept cryptocurrencies because of the volatility they...

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US Platform To Soon Be Launched By Binance

It is believed that Binance will soon release its upcoming exchange platform in the United States before the next decade starts. In fact, a company executive has estimated that the platform will launch within “a month or two.” In an interview with Cheddar, the CEO of Binance, Changpeng Zhao predicted the launch despite acknowledging that many things are still in flux regarding the platforms planned operations in the US. Zhao highlighted that the States has historically enacted very clear regulations in regards to finance tech.  He went onto say that the early adopters will more than likely be better rewarded....

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Cryptocurrency Boom Lead To Competition In The Exchanges Sphere?

2018 saw Bitcoin prices plummet to a fraction of their previous value. After remaining in a slump for over 5 months, Q2 2019 finally brought recovery.  With that recovery came renewed interest in cryptocurrency investment opportunities. New investors and seasoned pros, retail and institutional investors alike, are on the lookout for new, enticing cryptocurrency investment options. With the coinciding explosion in fintech technology, investment options abound. Cryptocurrency also has the unprecedented disadvantage of being virtual. When the housing market collapses, investors jump in headfirst. Recovery is inevitable.  Even if profitability is slower than expected, real estate investors have a tangible...

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