Moonstake Launches Staking for QTUM

SINGAPORE, Aug 31, 2020 – (ACN Newswire) – Moonstake users now have the ability to use their QTUM to earn rewards through its website based staking pool. With Qtum, the active community will be able to stake their coins on the Moonstake web wallet platform.





Founded in 2016, QTUM, a cryptocurrency that uses a consensus algorithm called Offline Staking, was released by the QTUM Foundation, a non-profit software development organisation in Singapore. QTUM launched various applications and softwares on blockchain that have been integrated into open developer offerings from Amazon Web Services' China and Google Cloud Platform. Qtum combines Ethereum's smart contract functionality with bitcoin's security to create a suitable platform for adoption by large organizations to solo developers.

Moonstake is an advanced technology company with specific focuses on blockchain and staking technologies to build Asia's biggest staking network. Moonstake was established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Signature products are Moonstake Web Wallet along with Moonstake Mobile Wallet (iOS/Android), enabling full staking functionality and an all-in-one gateway for users to maximize the usage and potential of cryptocurrencies. Currently, Moonstake's staking pool supports Cosmos, IRISnet, Ontology, Harmony, Tezos, and most recently Cardano.

Qtum recently released news about their hard fork, which has been scheduled to activate at block height 680,000, with an estimated date of August 28, 2020. No new coins will be created by the hard fork. Regardless of this Hard Fork, Moonstake web wallet will support QTUM, and users can stake with one click.

In order to get rewards by staking QTUM with Moonstake Wallet, users are to hold QTUM in your Wallet. Only UTXOs (Unspent Transaction Outputs), which are greater than 100 QTUM and only mature coins will be staked. Rewards will be distributed to you immediately when you get selected to create the block. Since rewards are automatically distributed from the blockchain, there is no need to "claim rewards". You are free to send and receive tokens in your wallet anytime, even while staking. There is no lockout period.

About Moonstake (https://www.moonstake.io/)
Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Moonstake develops a staking pool protocol and provides business services through partners and companies. Moonstake aims to create the largest staking pool network in Asia, a robust environment for the cryptocurrency holders is one of its missions. Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing to strengthen ties with leading platforms across Asia's burgeoning Distributed Ledger Technology (DLT) ecosystem. partnership has been announced with Emurgo, Ontology and NEO to boost staking adoption, Binarystar, Japan's biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore Catalist-Listed company. Industry's reputed advisors, such as Lisk and Lawrence Lim of RAMP DEFI support Moonstake's innovative journey.

About QTUM (https://qtum.org/en)
Qtum is an open-sourced public blockchain platform, leveraging the security of UTXO model while enabling multiple virtual machines including EVM and soon the revolutionary x86 VM. Qtum is PoS based and boasts a Decentralized Governance Protocol (DGP) allowing specific blockchain settings to be modified by making use of smart contracts.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Samtrade FX Signs Sponsorship Deal with EFL Team Cardiff City FC

LONDON, Aug 28, 2020 – (ACN Newswire) – Global trading platform Samtrade FX has inked a sponsorship deal with EFL Championship team Cardiff City Football Club ("Cardiff City FC"), also known as the Bluebirds, for two seasons, starting with the current 2020/2021 season. The sponsorship further marks Samtrade FX's expansion into the European market.





As Cardiff City FC's Official Global FX Trading Partner, Samtrade FX will have its logo, branding, and corporate colours displayed prominently on Cardiff City FC jerseys, as well as on stadium big screens and pitch side LEDs during matches.

Samtrade FX founder and Chief Executive Officer, Sam Goh, commented on the partnership, "We were motivated to partner with Cardiff City FC due to our common vision and ethos – a passion for excellence and innovation. By partnering with a football club, we are also hopeful that our first sporting sponsorship will bring about unique experiences for our clients, partners and supporters around the world."

Mr Goh further elaborated, "This partnership is a milestone for our platform and a further stride in our global growth strategy. With our expansion into the European market, we are closer to our goal of being at the forefront of the global financial services industry."

Speaking about the partnership, Cardiff City FC Chief Executive Officer and Executive Director Ken Choo said, "We're thrilled to be working with Samtrade FX. The company has built up a proud reputation in its field across the world since being founded in 2015."

"We would like to thank them for choosing to partner with the Bluebirds and very much look forward to welcoming them to Cardiff City Stadium in the near future."

Based in the Welsh capital city, Cardiff City FC is known for the importance it places on the support of its fans, as exemplified by its social media hashtag #CityAsOne that sums up this notion of togetherness. The Bluebirds are the only non-English side to ever lift the prestigious FA Cup.

Samtrade FX places a similar emphasis on community, as encapsulated by its vision – "for traders, by traders". The online foreign exchange ("forex") trading brokerage was founded in 2015 with the clear objective of providing traders with safe, easy, and affordable access to foreign exchange markets. With a network of regional presence in Malaysia, Indonesia, Vietnam, Thailand, as well as Shanghai, the brokerage has progressively expanded its operations since its establishment.

Samtrade FX also recently won "Best Trading Platform, Asia", "Best Forex Introducing Broker, Asia" and "Best FOREX ECN/STP Broker" at The London Trader Show 2020, which speaks to its strong reputation and credibility as recognised by the industry's top panel of experts and retail traders from around the world. Its exciting upcoming promotions can be found via its website at www.samtradefx.com.

ABOUT SAMTRADE FX

Samtrade FX is an online trading brokerage that provides forex trading and other related services. It was founded with the objective of providing traders with safe, easy, and low-cost access to foreign exchange markets. Samtrade FX's founders and partners are all traders themselves and have extensive trading experience in forex and contract for differences trading. Its Advisory Board includes knowledgeable and experienced professionals who are able to provide clients with unrivalled professional advice.

Samtrade FX is incorporated in Saint Vincent and the Grenadines under registered number 25290 IBC 2019 by the Registrar of International Business Companies, and is registered by the Financial Services Authority of Saint Vincent and the Grenadines to carry on the business of dealing in securities as a Principal. Samtrade UK International Limited is an appointed representative registered with the Financial Conduct Authority, with FSR Number 929921.

Media Contact
Charles Ng
charles.ng@samtradefx.com

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Moonstake, RAMP DEFI and Ruby Capital Join Forces

SINGAPORE, Aug 28, 2020 – (ACN Newswire) – Moonstake announced a partnership with Ruby Capital and RAMP DEFI to take the next step for DeFi integration and expansion of the DeFi ecosystem.





Moonstake is an advanced technology company with specific focuses on blockchain and staking technologies to build Asia's biggest staking network. Moonstake was established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Signature products are Moonstake Web Wallet along with Moonstake Mobile Wallet (iOS/Android), enabling full staking functionality and an all-in-one gateway for users to maximize the usage and potential of cryptocurrencies. Currently, Moonstake's staking pool supports Cosmos, IRISnet, Ontology, Harmony, Tezos and most recently Cardano.

RAMP DEFI is a decentralized finance solution that focuses on unlocking liquid capital from staked digital assets. Jointly, Moonstake and Ruby Capital would engage RAMP DEFI to bring its high quality services across Asia. On August 23, 2020, the firm announced that it raised over $1 million from Alameda Research, ParaFi Capital, Arrington XRP Capital and other leading funds, with over 10 institutional investors, to deliver its "liquidity on-ramp" solution. RAMP DEFI has already partnered with IOST and Elrond as their Ecosystem Partners, with more to be announced.

Ruby Capital is a Singapore-based licensed venture capital fund manager focused on investing in and working closely with innovative high-tech startups that promote social and industrial development, and sustainable returns on investment for investors with regional exposure in China, Southeast Asia, Japan and South Korea. The firm focuses on artificial intelligence, data analytics, Fintech and consumer technology innovations, distributed ledger technologies, extended reality, quantum computing and other advanced technologies.

Last, the partners will leverage Moonstake's technical expertise and support to help develop staking and DeFi services inside of Moonstake's Staking Platform.

Mr. Panjun Wang of Ruby Capital and Mr. Lawrence Lim of RAMP DEFI will both be joining Moonstake's board of advisors.

Mitsuru Tezuka, Founder at Moonstake says:
We are thrilled to add Ruby Capital and RAMP DEFI to our roster of strategic partners, and importantly, we welcome Mr. Panjun and Mr. Lim to our board of advisors. They will strengthen our team, our product offering, geographic reach, and add immense value to our ecosystem.

Lawrence Lim, CEO at RAMP DEFI says:
"This strategic partnership with Moonstake and Ruby Capital provides a strong foundation for RAMP DEFI to successfully enter and gain traction throughout Asia. The synergies created will give us strategic competitive advantages in driving rapid market adoption."

Mr. Lawrence Lim, CEO of RAMP DEFI, was the Managing Director of Hashed.Labs, a blockchain incubator that is an official partner of the Singapore government. Lawrence was also the Head of International Growth for IOST, a leading blockchain infrastructure protocol supported by Sequoia Capital, ZhenFund, Matrix Partners and other global investors. Prior to his move into blockchain, Lawrence had spent 5 years in leading financial institutions including JP Morgan, BNP Paribas and KPMG across asset management and corporate M&A functions.

Panjun Wang, Director at Ruby Capital says:
"We take immense pleasure in leveraging our skills and network to enable Moonstake and RAMP DEFI to grow in Asian markets."

Mr. Panjun Wang previously was the Vice President of Bibox Exchange, a leading fintech venture provides A.I.-enhanced digital asset exchange services. Prior to Bibox Exchange, PJ is Senior Investment Analyst of IP Investment Management, covering TMT, Healthcare, Properties, and Education; Other tenures including Bridge5 Asia, BCG Singapore, and J.P. Morgan.

About Moonstake (https://www.moonstake.io/)
Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Staking adopts Proof of Stake (PoS) as a type of consensus algorithm which allows cryptocurrency holders to increase the likelihood of receiving block rewards from its block validation transaction. It brings together the ability to stake and ultimately distributes block rewards based on contribution. Moonstake develops a staking pool protocol and provides business services through partners and companies. Staking is expected to help elevate the blockchain technology and work for decentralization.

Moonstake aims to create the largest staking pool network in Asia, a robust environment for the cryptocurrency holders is one of its missions. Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing to strengthen ties with leading platforms across Asia's burgeoning Distributed Ledger Technology (DLT) ecosystem. Lately, partnership has been announced with Emurgo, Ontology and NEO to boost staking adoption, Binarystar, Japan's biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore Catalist-Listed company and Quras, PundiX and Wanchain to create a more prosperous ecosystem together in Asia. Industry's reputed advisors, such as Lisk, Mr. Nizam Ismail, CEO of Ethikom Consultancy and Mr. Garlam Won, Head of Marketing at Harmony, support Moonstake's innovative journey.

About RAMP DEFI (https://rampdefi.com/)
Backed by world-class investors, RAMP DEFI is a decentralized finance solution that focuses on unlocking liquid capital from staked digital assets. Using the RAMP solution, users with staked assets can continue to receive staking rewards, retain capital appreciation potential on their staked portfolio, and unlock liquid capital to invest into new opportunities at the same time. The addressable market for staked assets today is upwards of USD22bn, and as the industry leading solution, RAMP DEFI has a vision of unlocking USD1bn or more in "Total Value Unlocked (TVU)" for users by end 2021.

About Ruby Capital (https://rubycapital.sg/)
Ruby Capital Pte Ltd., is a licensed venture capital fund manager regulated by the Monetary Authority of Singapore. The team employs industrial professionals and specialists in Singapore, Japan and China. Ruby partners with BinaryStar, Infinity Blockchain Group and others from China, Japan, South Korea, Singapore, and Europe with strong connections in Finance, IT Technology, Incubators, Education and Supply Chain industries. Ruby capital invests in artificial intelligence, data analytics, Fintech, consumer technology innovations, distributed ledger technologies (DLT), extended realities, quantum computing and other high-potential innovations.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Moonstake Web Wallet Provides Staking Support for Cardano ADA

SINGAPORE, Aug 22, 2020 – (ACN Newswire) – Moonstake, a blockchain company focused on staking technologies, has announced staking support of Cardano's cryptocurrency ADA, one of top 10 cryptocurrencies by market cap, in Moonstake's Web Wallet. After Cosmos, IRISnet, Ontology, Harmony and Tezos, Cardano became the 6th available coin on Moonstake Web Wallet.





On July 29, the Cardano development team launched the long-awaited Shelley Mainnet. Shelley brings about opportunities for users to stake their ADA and help Cardano transition from a centralized, federated system to a fully decentralized system, with delegated staking features & rewards incentives. Shelley is the most significant upgrade by Cardano since its inception, bringing about a new system architecture and an entirely new set of user functionalities.

Moonstake entered into partnership with EMURGO, a founding entity of Cardano protocol, on August 11. This partnership creates synergies by driving blockchain staking activities and accelerating industry adoption of staking within the Cardano ecosystem. Moonstake's ADA as a stakable coin promotes staking adoption of Cardano regionally and globally.

Moonstake Wallet is a universally advanced staking wallet that can store up to 2,000 cryptocurrency types and stake major coins. The Moonstake Wallet not only provides enterprise-grade security, but also a staking function to give users full control over their digital assets. Along with the launch of Shelley mainnet, Moonstake Wallet immediately started supporting ADA to receive, store and transfer ahead of major crypto wallets, and now ADA staking is onboard.

For this initial period supporting ADA staking, only desktop browsers Chrome, Edge, Firefox and Opera, and Chrome and Firefox browsers on Android allow users staking. Users of Internet Explorer and Safari and iOS mobile users are required to download available browsers on desktop for access.

Here's a simple 3-step process for staking ADA on Moonstake:

1. New users must register their mobile Moonstake wallet (https://wallet.moonstake.io)
2. Then Add ADA with "Add New Asset"
3. Click the "Stake Now" button

The whole amount of ADA in your wallet will be staked although you can still send assets while you are staking. If your balance is less than 5 ADA, you will not be able to stake.

For more information about Cardano and ADA staking, please visit www.moonstake.io/ada

About Moonstake Pte Limited (www.moonstake.io).

Moonstake was established to develop a staking pool protocol to satisfy increasing demand from regional and global blockchain markets. Staking adopts Proof of Stake (PoS) as a type of consensus algorithm which allows cryptocurrency holders to increase the likelihood of receiving block rewards from a block validation transaction. POS brings together the ability to stake and ultimately distributes block rewards based on contribution. Moonstake develops a staking pool protocol and provides business services through partners and companies. Staking is expected to elevate blockchain technology and work towards decentralization.

Moonstake aims to create the largest staking pool network in Asia, and a robust environment for cryptocurrency holders Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing to strengthen ties with leading platforms across Asia's burgeoning Distributed Ledger Technology (DLT) ecosystem. Partnership has been announced with Ontology and NEO, Binarystar, Japan's biggest blockchain hub, OIO Holdings Ltd (SGX: OIO), a Singapore Catalist-listed company, and Quras, PundiX and Wanchain, to create a more prosperous Asian ecosystem. Noted industry advisors such as Lisk, Mr. Nizam Ismail, CEO of Ethikom Consultancy, and Mr. Garlam Won, Head of Marketing at Harmony, support Moonstake's innovative journey.


Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Moonstake partners EMURGO, founding member of Cardano Protocol

SINGAPORE, Aug 21, 2020 – (ACN Newswire) – Moonstake, a blockchain technology company focused on staking technologies, and EMURGO, a global blockchain solutions provider & a founding entity of the Cardano protocol, have signed a partnership MoU. The partners aim to drive blockchain staking activity and accelerate industry adoption of staking within Cardano's ecosystem.





Moonstake was established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Signature products include Moonstake Web Wallet and Moonstake Mobile Wallet (iOS/Android), which enable full staking and are designed as all-in-one gateways. Moonstake's staking pool currently supports Cosmos, IRISnet, Ontology, Harmony and Tezos, while partner OIO is actively marketing across the region to boost wallet and staking services. This partnership will also broaden awareness of EMURGO and Cardano ADA.

EMURGO is a global blockchain solutions provider and a founding entity of the Cardano protocol, with strategic locations in Singapore, the USA, India and Indonesia. EMURGO enables pragmatic blockchain solutions for developers, startups, enterprises and governments by leveraging Cardano, a third-generation blockchain protocol driven by a research-first approach. EMURGO works with IOHK and Cardano Foundation to promote the Cardano ecosystem by building, investing, and advising projects and organizations that adopt Cardano's decentralized blockchain ecosystem.

Cardano, the leading global proof-of-stake blockchain platform founded on peer-reviewed research and developed through research-driven methods, recently launched the Shelley Mainnet. Shelley brought about opportunities for ADA users to stake their ADA and help Cardano transition from a centralized, federated system to a fully decentralized one with delegated staking features & rewards incentives. Shelley is the most significant upgrade to Cardano since its inception, bringing about a new system architecture and an entirely new set of user functionalities.

Moonstake has 3 initial validators in Cardano ADA pools for staking and more validators are to be added soon. During the initial period, the partnership will conduct technical evaluations in line with full-scale implementation of ADA staking pools to verify compatibility. A number of ADA holders and partners are committed to supporting Moonstake's staking pools once its web and mobile wallets gain full functionality. The Moonstake ADA pool aims to become a dominant ADA staking pool.

Mitsuru Tezuka, CEO at Moonstake says:
"Cardano brings a new standard in technology, open and inclusive, to challenge the old and activate a new age of sustainable, globally-distributed innovation. We believe the partnership with EMURGO will create a new era of staking across Asia."

Ken Kodama, CEO at EMURGO says:
"We are excited to partner with Moonstake, which is committed to creating Asia's biggest staking pool network. We believe that this partnership further boosts Cardano's decentralized blockchain ecosystem and grows the wider blockchain community."

Moonstake ADA: https://adapools.org/pool/30432a0b85b6f80b3e9cd356d8b76b9793f5530c91050c1688da4922
Moonstake: https://www.moonstake.io/
EMURGO: https://emurgo.io/

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

The Babylon Project: A Blockchain Focused Hackathon and Commitment to Diversity & Inclusion

SAN FRANCISCO, CA, Aug 17, 2020 – (ACN Newswire) – World Blockchain Hackathon, a 100% community funded global organization, have announced the details of their latest hackathon on October 9 -11, 2020, a 3-day global virtual event that will attract more than 3000 participants and contributions across 50 countries. The Babylon Project aims to democratize access to global innovation with blockchain technology: its a project that aims on developing a new generation of diverse leaders in the crypto community within the next 5 years.





Key Takeaways:
— Community focused, protocol agnostic blockchain hackathon w/ 3000 global participants
— Focusing on diversity and inclusion, with international 'Supernode' ambassadors
— 200 international mentors, investors & tech community partners

Babylon, from its history, is what many consider to be the cradle of civilization – the first time a complex societal structure came into existence by bringing together different people under one common vision to build. Gideon Nweze, the founder of World Blockchain Hackathon, is aiming to do the same with the Babylon Project, a hackathon that will focus on teaching developmental skills in blockchain and building an accompanying protocol-agnostic developer community.

"The way I see blockchain," Gideon says, "is the same way I see the rise of electricity in the late 1800s or the internet in the late 1900s. We're at a time where one revolutionary idea can create a significant amount of technological change in a short amount of time. Though I've been involved with blockchain for a long time, I have noticed that there isn't an easy way to onboard those who aren't familiar with this technology yet, and that it's fairly difficult to actually teach people the skills to make an impact in this ecosystem. This is what I want to change with the Babylon Project."

The Babylon Project is a protocol agnostic and community focused hackathon. For this reason, partnership is free and open to respected global and local organizations that have aligned visions. Chukwudi Derek Uche, the CoFounder and CEO of Village, a startup aiming to create an alternative to real estate ownership, is an active contributor to the hackathon. "Blockchain technology is still nascent, but for it to grow to its potential, we need to educate everyone about it," Chukwudi says. "We need to show people what the world can look like in ten, twenty, thirty years with it, and get enough current outsiders to believe the same vision the people in this community do."

Hackathons, short for "hacking marathons," are mini-conventions where designers, developers, and project managers congregate and fraction themselves into teams to make a product demo within a confined amount of time, usually between two and three days. They are essentially as old as the tech industry itself, and many products and companies were born from hackathons. Moreover, though, hackathons serve the purpose of creating an environment and a community willing to listen, network, and, most importantly, build.

Blockchain, on the other hand, is a distributed ledger technology, allowing users to send, receive, and create money without the interference or supervision of a third-party financial institution. For blockchain protocols such as Bitcoin and Ethereum, users trade coins for goods and services instead of cash or digital representations of state-backed currencies. The purpose of this is to return the power of currency back to the people, back to ancient Babylon where users bartered their goods and services before fungible currencies were created.

Dennis Liu, a director at BitTemple and a speaker at the Babylon Project, says, "Blockchain is the ultimate tool to remove international barriers by enabling trust and efficiency between different cultures." The Babylon Project is committed to supporting emerging and diverse leadership in the crypto space. 80% of the Babylon Project staff are of underrepresented backgrounds, further solidifying the organization's dedication to amplifying minority voices in the crypto & blockchain community.

The Babylon Project is partnering with international startups and developer communities, and impact focused organizations. Though the Babylon Project is creating the foundation to support up-and-coming blockchain companies that may launch at the event, many venture capital firms are already seeing the value of this technology. For example, Andreesen Horowitz, a prominent San Francisco fund, has invested in over twenty blockchain related funds in the last few years, betting that the next big wave of technology could provide more than just a return on investment.

The World Blockchain Hackathon series has been held for three years running, organized by a team of California blockchain evangelists. Adding to the excitement at this year's Babylon Project Hackathon, the strong potential for hackers' innovations to attract venture capital. "Silicon Valley VC firms and other international investors are actively participating in the judging for the stated purpose of assessing fresh blockchain investments," said Gideon.

The hackathon is 100% community funded, for establishing a strong foundation for a decentralized blockchain future through #BUILDING & value creation across the globe. Partners include Africa Blockchain Institute, BitTemple, Blockchain Acceleration Foundation, Blockchain Chamber of Commerce, GVA Capital, InvestShow, Wiase Capital, UniDAO, Blockchain Center Miami, ChickTech, AIHUB, BlockLeaders, Domineum, XR-Labs, Village and more.

"One of the problems of hackathons is that there are many projects that can become billion dollar companies," says Vadim Romanov, a venture capitalist at Elysium, a VC firm in Silicon Valley. "But they don't have a lifeline or a path to funding. Providing resources to foster and reward innovation will create even more innovation, expanding this technology even faster than automation, electricity, and internet technologies."

For more information please visit https://worldblockchainhackathon.com or email info@worldblockchainhackathon.com.

World Blockchain Hackathon: Educate, Empower & Elevate!
Jean Lombard | babylon@worldblockchainhackathon.com
Head of Communications | The Babylon Project | October 9 -11, 2020
The Babylon Project: Learning blockchain development skills, building a global developer community.
https://www.linkedin.com/events/projectbabylonbyworldblockchainhackathon/
https://www.linkedin.com/in/gideon004/, https://vllg.io/, https://www.linkedin.com/in/cduche/


Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

WhiteBIT Launches Margin Trading with 5x Leverage

TALLINN, EE, Aug 11, 2020 – (ACN Newswire) – WhiteBIT, a central European fiat-to-crypto digital currency exchange, has launched margin trading on its BTC/USDT platform, initially at a 5x leverage. This is an important milestone for WhiteBIT, which plans to introduce further pairing options, as well as higher (to 25x) leverage, in the near future.

We currently trade crypto assets against Ukrainian Hryvnia (UAH), Russian Ruble (RUB), Euro (EUR) and Turkish Lira (TL). WhiteBIT hopes to include these fiat pairs in its margin offering, meaning you will soon be able to trade BTC against EUR or RUB with up to 25x leverage. Something you won't find on other cryptoexchanges.

WhiteBIT's Growing Popularity

WhiteBIT launched in December 2018. Already having 180,000+ users, with 35,000 active on a daily basis, we have grown significantly in a short period of time. But our ambitions aren't satisfied with fiat-to-crypto and crypto-to-crypto transactions, we want to capture the margin trading market, and will rapidly introduce new trading options to our users.

WhiteBIT also offers P2P instant transaction codes, staking possibilities, and even integrates Dash InstantSend features for quick crypto deposits and withdrawals. WhiteBIT offers more than 120 spot trading pairs, including smaller altcoins.

WhiteBIT has European Exchange and Custody Licenses, and follows European KYC and AML requirements. However, our success can be attributed to our security; we store 95% of all crypto assets in cold wallets. Yet despite using cold wallets to store users' funds, WhiteBIT still processes every crypto withdrawal within minutes, 24/7.

Margin Trading Makes WhiteBIT an All-In-One Solution

European crypto traders have been using different crypto exchanges for different purposes. WhiteBIT aspires to be an all-in-one solution. It has a perfect fiat-to-crypto offering, a wide selection of altcoins to spot trade, and it now has the most effective margin trading platform as well.

BTC/USDT is already available at 5x leverage, and soon we will increase trading pairs to 25x leverage. Other platforms may dwell in their own comfort zone, but WhiteBIT pushes itself to the max, continuing to expand its new crypto offerings for its users.

Learn more about WhiteBIT Margin Trading at https://medium.com/whitebit/margin-trading-is-here-259c45620b83

Artem Gordadze
a.gordadze@whitebit.com
https://whitebit.com


Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

WhiteBit Launches Margin Trading With 5x Leverage, More Options Coming Soon

TALLINN, EE, Aug 7, 2020 – (ACN Newswire) – The promising fiat-to-crypto exchange in Europe, WhiteBit, has recently launched margin trading with 5x leverage on the BTC/USDT pair. This is a proud milestone for the Whitebit team after previously they only had spot trading features on the platform. For its margin trading offering, WhiteBit won't stop at BTC/USDT. They also plan to introduce other pairing options as well as higher leverage (up to x25 leverage) in the near future.

WhiteBit is well known for its traditional offerings to European traders. As of now, you can trade crypto assets against Ukrainian Hryvnia (UAH), Russian Ruble (RUB), Euro (EUR) and Turkish Lira (TL) on WhiteBit. The exchange plans to include these fiat pairs on their margin trading offerings. That means you will soon be able to trade BTC against EUR or RUB with up to x25 leverage. Something that you can't find in other crypto exchanges.

The Growing Popularity Of WhiteBit

WhiteBit was launched in December 2018. It already has over 180,000 users, with 35,000 of them being active on a daily basis. It has grown significantly in a very short time. WhiteBit's ambition doesn't stop at just fiat-to-crypto and crypto-to-crypto transactions. It also wants to capture the margin trading market, and it will introduce other various trading options for its users.

For your information, WhiteBit has the European Exchange and Custody Licenses. It has obeyed the KYC and AML requirements in Europe, something that many bigger exchanges couldn't get. European traders can easily trade on WhiteBit with extra peace of mind.

WhiteBit also offers P2P instant transaction codes, staking possibility, and they even integrate Dash's InstantSend features for quick crypto deposits and withdrawals.

As of today, WhiteBit offers more than 120 spot trading pairs, including smaller altcoins. There are not many fiat-to-crypto exchanges that provide various different altcoins in their crypto-to-crypto offerings.

WhiteBit's success can be attributed to its security approach. WhiteBit stores 95% of all crypto assets in cold wallets. And despite using cold wallets to store its users' funds, WhiteBit is still able to process every crypto withdrawal within minutes, 24/7.

Margin Trading Makes WhiteBit The Perfect All-In-One Solution

In Europe, many crypto traders have been using different crypto exchanges for different purposes. They use one crypto exchange for fiat on/off-ramp and then they switch to another exchange for spot trading. When the same traders want to tap into margin trading, they have to use yet another crypto exchange.

WhiteBit has the right ambition to be the all-in-one solution for everything. It has the perfect fiat-to-crypto offering, a wide selection of altcoins on their spot trading, and now they try to be the best and most effective margin trading platform as well.

As mentioned above, BTC/USDT is already available at x5 leverage at WhiteBit. Soon they will introduce many more trading pairs and increase the maximum leverage to x25. While other platforms are sitting in their own comfort zone and don't improve much, WhiteBit always tries to push itself to its limit and it keeps expanding to include new crypto offerings for its users.

Learn More About WhiteBit Margin Trading:
https://medium.com/whitebit/margin-trading-is-here-259c45620b83

Artem Gordadze
a.gordadze@whitebit.com
https://whitebit.com/

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Digital Identity Startup Blockpass Airdrops to be Distributed via Holdex

HONG KONG, Aug 5, 2020 – (ACN Newswire) – KYC-as-a-service provider Blockpass (https://blockpass.org) announces that its series of community airdrops will be carried out through 'the home of Crypto' Holdex (https://holdex.io/). Holdex and Blockpass have been working together since May 2018 when the Blockpass KYC Connect identity solution was integrated into the Holdex tool suite, offering streamlined compliance services to Holdex customers. Showcasing its belief in Holdex's potential, Blockpass also invested in Holdex in July 2018.

Holdex is a startup that builds marketing automation and community-management tools for Blockchain applications, with a focus on aggregating knowledge on Crypto products in its unique marketplace. For Blockchain applications and service providers Holdex offers the ability to conduct community-building campaigns using both off-chain and on-chain tools, from managing content like announcements, help articles, and questions-and-answers from the community, to facilitating airdrops and fundraising – solutions which need the right balance between security, compliance, and ease-of-use.

Blockpass provides a KYC verification SaaS to businesses that operate in regulated industries and an increasingly remote world where trust needs to be verified digitally. Through the Blockpass digital identity protocol, end-users can easily create a verified portable identity that can be re-used to onboard with any service in minutes. Blockpass' unique token, PASS token, is a utility token which facilitates the working of the Blockpass ecosystem and the growth of its user base by rewarding both businesses and individuals that use the platform.

Adam Vaziri, CEO of Blockpass, said: "It's great to be carrying out more work in partnership with our long-standing friends and partners at Holdex. Given we share so many goals and priorities, it was only natural that we approached them to conduct our community airdrops as we seek to spread the benefits of PASS tokens to a wider audience in as fair a manner as possible."

Vadim Zolotokrylin, CEO of Holdex, added: "We are excited to carry out the PASS token airdrop! The current pandemic has only served to highlight the importance of digital identity technology, so we are proud to share PASS with the Crypto community and increase awareness of a better way to carry out KYC/AML, a major source of frustration for many users and drop off for many Blockchain businesses. By facilitating this airdrop for Blockpass we firmly believe we are ultimately aiding in the adoption of decentralized technology."

The services of Blockpass and Holdex are increasingly important in a world where working remotely and enabling global markets are becoming the norm in the Covid pandemic. The importance of privacy and security whilst enabling regulatory compliance is paramount to both companies, and they are constantly developing and expanding to provide the best possible experience for users and businesses.

About Blockpass

Blockpass is a unique, reusable digital identity (DID) solution for organizations that participate in regulated industries and in the increasingly remote business environment where trust needs to be verified digitally. Blockpass offers an alternative process to cumbersome, repetitive and expensive Know Your Customer (KYC) and Anti-Money Laundering (AML) checks through a seamless merchant dashboard that is setup immediately with pay-as-you-go and no initial fee. Blockpass' KYC Connect(TM) platform enables businesses to select requirements for customer onboarding that can include ID authentication, face-matching, address checking, AML ongoing monitoring and/or screening of sanctions lists, politically exposed persons (PEP), and adverse media. Through Blockpass, end-users easily create a verified portable identity that they can control and re-use to onboard with any service instantly. In response to the Covid pandemic, Blockpass recently developed a digital certificate service for Covid infection and antibody verification testing.

For more information and updates, please visit and sign up to the following:
Promotional video: https://youtu.be/SvO2cw3e-SI
Website: http://www.blockpass.org
Email: sales@blockpass.org

About Holdex

Holdex is the home of Crypto. At Holdex we build user-satisfaction tools for Blockchain applications to automate their marketing and community-management. We also provide to Crypto users a community-curated knowledge market with all their favorite Blockchain apps. Crypto users can deepen their involvement in Crypto by browsing our knowledge market and participating in discussions. At Holdex, we strive to make the Crypto community ever stronger and closer so that together we can accelerate Blockchain adoption and finally make the world a more open and inclusive place.


Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

ECXX Secures RMO Sandbox Approval from MAS; to Launch Asset-based Digital Securities Exchange

SINGAPORE, Aug 4, 2020 – (ACN Newswire) – ECXX Global Pte. Ltd. (ECXX), a pioneer in operating a digital asset exchange using blockchain technology, is pleased to announce that it has secured admission from the Monetary Authority of Singapore (MAS) to the Fintech Sandbox Express* under the Recognised Market Operator (RMO) regime.

With the approval, ECXX targets launch of the blockchain-based digital securities exchange platform ecxx.co, which offers various asset-based digital securities such as real estate, private equity, venture capital and investment funds to institutional and accredited non-individual investors.

The tokenisation of assets refers to the process of issuing a blockchain token (specifically, a security token) that digitally represents a real tradable asset (such as real estate) – in many ways similar to the traditional process of securitisation.

These digital securities could represent a share in the ownership of a real estate, a share in the ownership of a company or participation in an investment fund. These digital securities can then be traded on a secondary market.

With its own in-house proprietary system, ECXX has been operating a digital asset exchange that allows both professional traders and retail investors to buy, sell and store digital assets. Its digital exchange platform is integrated with MyInfo, the one-stop Singapore government identity platform. This integration allows seamless Know-Your-Customer checks on members of MyInfo who can log-in to ECXX's digital asset exchange using their SingPass.

ECXX has also applied for a license under the Payment Services Act and once approved, it will be the first exchange in Singapore to offer both digital payment tokens and digital securities under two different platforms.

Led by an experienced management team well versed in digital assets and blockchain ecosystem, ECXX has been backed by prominent venture capital firms CapitalX, Epsilon Investment, Ariki Asia and ChainUp.

In June 2020, Hatten Land announced a proposed investment of US$6 million for a 20% equity stake in ECXX.

Commenting on this milestone, Mr Branson Lee, Chief Executive Officer of ECXX, said: "There are a multitude of applications of blockchain technology within the financial industry, and the tokenisation of assets has the potential to fundamentally change how we invest in assets.

"With S$3.4 trillion of assets under management in Singapore, we aim to utilise the Recognised Market Sandbox admission to develop our securities exchange platform and create asset-based securitised tokens that can be regulated and traded, paving the way for mainstream adoption."

Issued on behalf of ECXX Global Pte. Ltd. by 8PR Asia Pte Ltd.

Media & Investor Contacts:
Mr. Alex TAN
Mobile: +65 9451 5252
Email: alex.tan@8prasia.com

*https://www.mas.gov.sg/development/fintech/sandbox-express


Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com