The first month of 2020 is already coming to an end and it has been an eventful month. So here comes a quick summary of what the team at Bitcoin.com Exchange has been up to in these first 4 weeks of this year.
New Listings
In January we’ve added two new tokens to our crypto exchange. The first was the privacy-focused Zcoin, that enables anonymous transactions by leveraging a coin-burn mechanism. The other listing on our exchange was trustverse’s TRV. Trustverse has made headlines last year when two of the dApps they developed made it into the Samsung Ecosystem and can already be accessed by Samsung users.
Trustverse Deposit Promotion
To celebrate the listing of Trustverse on our exchange, we were running a deposit promotion from January 24th — Januar 31st, where anyone who deposited more than 50,000 TRV was eligible to win a share out of a 1 Million TRV-Pool. We’re currently wrapping up the campaign and winners will get their rewards directly into their Bitcoin.com Exchange account on February 7th. 2020. Stay tuned!
More options to buy BCH
Stablecoins have been valuable tools for traders to either lock in gains or simply enabling faster trades than fiat money transfers. To offer anyone interested in purchasing Bitcoin Cash more options, we have added two stablecoins to our BCH-pairs: TUSD and DAI.
TUSD or True USD is a US-Dollar backed stablecoin that was launched in 2018 by the tokenization platform TrustToken and is aiming to solve typical problems of other stablecoin providers: lack of liquidity and trust. Unlike other providers, TUSD stores all funds in accounts of multiple trust companies that are being publicly audited rather than putting all funds in one account.
DAI is one of the few decentralized stablecoins and has seen a huge influx in interest from an ever-growing DeFi community. It aims to maintain its 1$-peg by a sophisticated algorithm balancing debt positions against issued DAI.
Our COO in Davos to talk Blockchain
In the third week of February, the Blockchain industry was meeting in Davos for a week full of Blockchain and Finance events. Our COO Danish Chaudhry was actively discussing the potential of tokenization, benefits of SLP and how the Bitcoin.com Exchange is a natural addition to the existing Bitcoin.com Ecosystem.
What else has happened in the Bitcoin.com Ecosystem?
- Updated Bitcoin Wallet has been released featuring SLP support.
- The Bitcoin.com Mint platform was launched making it easy for anyone to create an SLP token.
- Cash Fusion Alpha Release