Dutch Brokerage Platform Launches Crypto Trading Across Europe

In response to the growing demand for cryptocurrency trading, Dutch retail brokerage platform BUX launched its commission-free cryptocurrency trading platform BUX Crypto. In a statement published April 8, the company announced that BUX Crypto is now available across 25 European countries. BUX stated that its new offering aims to bring new traders into cryptocurrency markets by simplifying the crypto trading process. BUX CEO and founder Nick Bortot said: “We see BUX Crypto as a natural extension of our current lineup, which is focused on offering products that make it simple…

Weeks After Bitcoin’s Record Deleveraging, Bithumb Launches 5x Margin Trading

Major South Korean exchange Bithumb has launched leverage trading for Bitcoin (BTC) and Ether (ETH) on its global platform. While the exchange states that the move is in response to “a surge in demand in crypto services,” Bithumb Global’s introduction of margin comes just weeks after the largest deleverage event in the history of Bitcoin. March 13 crypto crash drives largest deleveraging in history of crypto Bithumb’s introduction of margin trading comes less than four weeks after the record March 12–13 crash that saw the prices of many cryptocurrencies tumble…

Paxful Launches Peer-to-Peer Trading Between Gold and Bitcoin

Peer-to-peer (P2P) cryptocurrency marketplace Paxful announced the introduction of support for trade between gold and Bitcoin (BTC) on the platform on April 7. With the announcement, Paxful now facilitates physical trading in 16 different countries. Cointelegraph spoke to Paxful CEO and Founder Ray Youssef, who attributed the decision to support gold to “surprisingly high” customer demand. When a trade is entered, the Bitcoin will remain in Paxful’s escrow until the physical delivery of the gold is confirmed. Transactions must be completed within 21 days of trade being opened on the…

Brave Tokens Available for Trading on Gemini Starting April 24

Brave, the open-source pay-to-surf browser, will soon have more options for trading its signature token. In April 6 blog post on the Gemini website, the platform announced they would soon support trading for Brave’s Basic Attention Token (BAT). Users will be able to deposit BAT into their Gemini accounts starting on April 24th at 9:30 AM EST, with trading to begin “soon thereafter”: “BAT is the sixth digital asset available for trading on the Gemini platform, joining bitcoin, ether, bitcoin cash, litecoin, and Zcash. We will be offering USD, BTC,…

Tezos Co-Founder Hints That Her Trading Card Game Will Use Alternative Blockchain

Tezos co-founder Kathleen Breitman has left open the possibility that her trading card game Emergents may not be built on the company’s blockchain, according to statements made on April 5. According to the Reddit post, Kathleen pointed out that Emergents might not be using Tezos blockchain technology, saying she had not yet decided on the platform she will use in the game. In a comment left on the post, she added the following: “The alpha doesn’t have a marketplace, it’s an alpha. The white paper doesn’t describe any feature that…

BitValve offers ZERO-Fee P2P Trading

What is BitValve P2P Exchange ? The main idea behind BitValve P2P Crypto Exchange is that every person in the world would be able to access, buy and sell, their favorite cryptocurrency by using any payment method available, whether it is fiat or cryptocurrency, and trading directly with other users. The Platform will ensure the security of the transaction by acting as a trusted escrow service. Furthermore, the Platform will have a positive effect on the countries that are currently facing a financial crisis, such as Venezuela, by giving their…

Binance Crypto Exchange Teases Bitcoin (BTC) Options Trading Feature

Malta-based cryptocurrency exchange Binance on April 3, 2020, hinted that it could soon add support for options trading on the platform. Binance Gearing to Introduce Options Trading? In a rather cryptic tweet on April 3, Maltese cryptocurrency exchange Binance hinted that it would soon be ready to release options contracts trading for its users. The Read MoreRead More. The post by Aisshwarya Tiwari appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News Original

Malaysian Securities Regulator Approves Crypto Trading Platform

Following a nine-month-long probationary period, Malaysia-based cryptocurrency trading firm, Tokenize Malaysia, has received full approval from local securities watchdog. With the approval to operate a Digital Assets Exchange, the company’s cryptocurrency trading platform, Tokenize Xchange, became legally approved and regulated by the Securities Commission (SC) of Malaysia, local news outlet, SoyaCincau, reported on April 3. The exchange offers fiat-to-digital asset pairings. Malaysian laws require that local cryptocurrency exchanges register with the SC, after which they have up to nine month to achieve compliance with the SC’s regulation standards. Commenting on…

Bithumb Global Launches Margin Trading for Bitcoin and Ether Pairs with Tether

Bithumb Global, the international platform of South Korea’s top crypto exchange, has rolled out margin trading with 5x leverage for Bitcoin (BTC) and Ether (ETH) trading pairs with Tether (USDT). In an announcement published on April 2, the exchange revealed the service would be available on its website and app. It will, however, be restricted for traders living in jurisdictions where margin trading is prohibited or capped — as, for example, with Japan.   Leveraged trading gains traction in the industry Margin trading enables traders to use borrowed funds in order…

Fake Trading Volumes and the Price of Bitcoin: Are They Connected?

Last year, Bitwise Asset Management reported to the United States Securities and Exchange Commission that 95% of trading volume in Bitcoin (BTC) was fake. Bitwise found that, according to data published by CoinMarketCap — a widely cited tracker of crypto statistics — Bitcoin’s approximate average daily volume in April 2019 was $10 billion. In comparison, just $5.5 billion worth of Apple stock — the most liquid stock in the world — trades daily, and the market cap of Apple stock is nine times the size of Bitcoin’s. Related: Data Transparency…