Bookmarking Crypto Insights
Auto Added by WPeMatico
Customers of Slovenia’s Bitstamp exchange are being forced to jump through hoops to meet an unprecedented level of compliance. A widely circulated image, purporting to reveal Bitstamp’s enhanced KYC procedure, has been attracting a lot of attention. The document requests screenshots of other cryptocurrency exchange profiles, bank account statements showing fiat deposits to third party … Read more
It doesn’t happen all that often that exchange-traded cryptocurrencies turn into public stocks all of a sudden. In fact, this may have never happened before in the nine-year history of cryptocurrencies. Blocksafe is setting a very interesting precedent in this regard; that much is evident. The company is being removed from Bittrex because its shares will … Read more
Surging demand for digital currencies is overloading many exchanges’ infrastructure, resulting in degraded performance and a halt to user signups. Go to Source Powered by WPeMatico
Over the past few months, cryptocurrency exchanges across the globe have been swamped with new customers looking to trade or acquire digital assets. Trading platforms have been having a hard time keeping up with the new registrants. Users are complaining that identity verifications are now required and take weeks to process, while some exchanges are … Read more
Many of the leading cryptocurrency exchanges such as Coinbase (GDAX), Binance, Bittrex, Bitstamp and Kraken have struggled in dealing with the abrupt surge in demand for cryptocurrencies. Go to Source Powered by WPeMatico
“Community” is a word that is synonymous with cryptocurrency projects, but aside expressing a desire to develop a strong user base, what does it actually mean? For exchanges, having a community-oriented model means consulting customers on new tokens, incentivizing participation, and creating a revenue-sharing system. Binance and Kucoin are two platforms that have tried this … Read more
A massive influx of new clients begging you to take their money is the best kind of problem any business could dream of having. Nevertheless, bitcoin exchanges are now having to cope with such a situation by finding ways to reduce the load. As a result new traders are left with fewer options as, one … Read more
The year 2017 has been pretty good for cryptocurrency exchanges in general. With so many new people entering this ecosystem, it’s been evident something would have to give at some point. It seems Bittrex is the first major “casualty” in this regard, as the company halted all account signups about a week ago and has yet … Read more
The South Korean cryptocurrency exchange affiliated with Kakao Talk has recently become the center of regulatory controversy. Upbit is the only major exchange in Korea that has not joined the other exchanges in support of self-regulation. Their agreement with Bittrex raises the question of how the regulation applies to them. Meanwhile, the exchange is having … Read more
