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Established in 2017, Cayman Island. No. of pairs - 323. Centralized exchange.

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Tron-based USDT: Huobi Global, OKEx and announce support for new TRC-20-based Tether

Tron Foundation’s relentless push for mass adoption received a major boost recently when Justin Sun, the Foundation’s Chief Executive Officer, announced their partnership with Tether [USDT] to create new stablecoin. The partnership would essentially bring USDT on the Tron blockchain, making transactions faster and free-of-cost, while also improving the use-cases of the stablecoin. Three major exchanges have now announced support for the Tron-based version of Tether, further bolstering its position in the market. Singapore-based exchange Huobi Global, Malta-based exchange OKEx, and, a blockchain assets exchange platform, announced in separate press releases that they will be supporting the new version of Tether. Source: Twitter Source: Twitter                 The TRX-USDT partnership was announced in early March in an effort to bring in a TRC-20-based USDT into the crypto-market. The ‘improved’ coin would stick to the technical token standards maintained by the Tron blockchain and would be interoperable with all Tron-based DApps and protocols. In their respective press releases, Huobi Global and OKEx stated that the decision was fueled by strong user demand for inclusion of a full-spectrum of stablecoin trading. The exchanges also made it clear that there would now be three different protocol versions of USDT on their platforms: the Bitcoin network-based USDT-Omni, Ethereum-powered USDT-ERC-20, and the new USDT-Tron. Though the exchanges are some of the world’s largest in terms of trading volume, Tron Foundation had earlier said that the TRX-USDT version was made primarily for Tron-powered Decentralized Exchanges [DEX]. Recently, Tron Foundation also announced an incentive scheme exclusively for TRX-USDT holders. The $20-million incentive plan included the addition of a 20% initial Annual Percentage Rate [APR] for holding the cryptocurrency, which was significantly higher than its prime competition, the USDT-Omni. The plan also announced a scheme spanning over 100 days where USDT-TRX holders would be rewarded more USDT-TRX. Tron’s DApp program and BitTorrent Token [BTT] launch also saw huge success this year, leading to a temporary surge in the token’s price before a bearish market ensued. On March 17, TRX registered a transaction volume that was five times more than the cumulative transaction volume of its closest competitors ETH and EOS. The transaction volume during this move was recorded to be over $100 million. The post Tron-based USDT: Huobi Global, OKEx and announce support for new TRC-20-based Tether appeared first on AMBCrypto.

New BitTorrent Token (BTT) Perpetual Contracts Added to Crypto Exchange launched perpetual trading contracts for the Bit Torrent Token (BTT) on February 6th, 2019. The year has started off brightly for two cryptocurrencies on the scale, namely Tron (TRX) and Bit Torrent Token (BTT). The former acquired Bit Torrent Ltd. in the late stages in 2018 and introduced the BTT token that will ease out file sharing among the users. has added the new token to a portfolio of cryptocurrencies available for perpetual trading. Launches BTT Perpetual Contracts The announcement made on the blog site of revealed that the cryptocurrency trading platform has introduced the BTT/USD perpetual contract trading. Perpetual contracts allow investors to lower possible risks by locking in future prices today. Investors trading in such investment tools makes their profits by going short or long the digital asset. The BTT token becomes the 19th coin to be added after the launch of the contracts on January 19th, 2019. Other tokens with perpetual contracts on include Bitcoin (BTC), Ethereum (ETH), Eos (EOS), Ripple (XRP), Bitcoin Cash (BCH) and Bitcoin SV (BSV), Tron (TRX) among others. Perpetual contracts is an investment tool that acts as a futures contract but has no expiration date allowing users to cash in at any point in the future. The exchange has a maximum limit of 1 BTC per investor on the perpetual contract. The amount changes as risk profile improve over time. Investors are exposed to 100X leverage while trading perpetual contracts to increase their profits while trading. However, remember high leverage amplifies your profits as well as your losses. The BTT Token The Bit Torrent token launched on Binance Launchpad, Binance exchange platform to launch new tokens earlier in the year. The craze and marketing of the BTT token caused rapid demand for the tokens as they sold out in less than 20 minutes. The token is set to improve the sharing speeds on the Bit Torrent platform by incentivizing the seeds to keep the files on their computers. The BTT token is currently ranked 1733rd on Coinmarketcap with unknown market capitalization. The token is currently trading at $0.000910 USD, representing a drop of 4.58% in the last 24 hours.
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Gate.Io Launches Monero (XMR) and Stellar Lumens (XLM) Perpetual Contracts

Many believe that institutional money will not flow into cryptocurrency markets until there are more adaptability and flexibility with the markets with regards to investment products such as futures contracts. has recently added two new assets to its “perpetual contract trading,” Monero (XMR) and Stellar Lumens (XLM), on January 18, 2019. The Financialization of Crypto One of the reasons...Read More. The post by Neil Matthew appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News
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Crypto Exchange Launches XLM and XMR Perpetual Contract Trading Product

Days after the official launch of's perpetual contracts product, this cryptocurrency exchange has reportedly launched a ‘Perpetual Contract Trading’ comprising two assets. Announcing this on a blog post, stated that the two assets are XMR and XLM, both meant to grant investors the potential of earning profits by trading in them. Launched on 16th January via Android App, the perpetual contract offers a plethora of options, including BTC, ETH, XRP, LTC, BCH, EOS, TRX, and ADAD. The current maximum rate per investor who would like to trade in them is 1BTC, although it’s highly likely that this will rise based on the market risk and the investor’s rank. This grand launch, however, isn’t the only one. In China, OKEx, a Shanghai-based cryptocurrency exchange recently a similar one with almost identical features, save for the daily withdrawal of profits. Excitingly, the contracts are different from futures contract in that, unlike them, the perpetual contracts come with no expiry date. And one will only need to keep a close eye on the market and sell them off as either short term or long term for a profit. News of this unveiling by is coming in the wake of the tumultuous period that this exchange has had over the past couple of days. Just days after the New Year’s Day, the exchange suffered a $271,000 loss following the 51% attack on Ethereum Classic Network. Mysteriously, it was reported that the hacker had dramatically returned $100,000 from the funds stolen. The refund happened 14th January, exactly a week after the theft, a gesture that nobody knows why. was only left to guess whether it was a white hat hacker or someone who didn’t to earn any profits from it. They had earlier tried to contact the hacker, although the messages were futile.
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Ethereum Classic’s 51% Attacker Had Mysteriously Sent Back $100,000 To Exchange

Barely one week after a 51% attack on the Ethereum Classic blockchain, the attacker has strangely returned part of the stolen funds to, according to a recent article posted by the crypto exchange. The attack was carried on Jan 7, 2019, and researchers at stated that the attacker transferred a total of 54,200 ETC, approx $250,816.191 at press time. also provided three ETC wallet addresses supposedly used by the hacker while advising other crypto exchanges to block any transaction from the addresses., who promised to compensate its customers for their loses, has reported today that they received $100k worth of ETC from the attacker on Jan 10. However, they do not know the reason for the refund neither have they heard from him. “We found that the recent ETC 51% attacker returned 100k USD value of ETC back to We were trying to contact the attacker but we haven’t got any reply until now,” said. Possible Reason for the Refund According to, if the attacker doesn’t try to take the profit, then it is possible that he is a white hacker who just wanted to draw the attention of people to the underlying risks in “blockchain consensus and hashing power security.” This could be true as’s researchers believe that the “hashing power” of ETC blockchain is not as strong as it should be and hackers could easily rent hashing power for another 51% attack. However, the exchange has increased the number of ETC confirmation from 500 to 4000 as a way of improving its 51% security mechanism against future attacks. As previously reported, US-based crypto exchange Coinbase had a different story, stating that it found 88,500 ETC ($410k at press time) in double spending and chain organization. ETC, however, denies saying that it was a 51% attack and no double spend has been detected. The post Ethereum Classic’s 51% Attacker Had Mysteriously Sent Back $100,000 To Exchange appeared first on CryptoPotato.
CryptoPotato Exchange Review | Is It Safe? is a lesser known but long-standing cryptocurrency exchange. was started in China and has been in operation since 2013. It has a wide range of cryptocurrencies and features on offer, as well as margin trading. The exchange prides itself on its security practices. While these practices are stronger than many of the more famous exchanges, there are still some concerns. In this review, we are going to cover the following: Key Information How It Works Trading Fees Available Crypto Assets Margin Trading Transfer Limits Company Trust & Reputation Security Measures Customer Support Conclusion Useful Resources Key Information is a subsidiary of Gate Technology, Inc. Traders can either use the web version or mobile version, which is available for IOS and Android. It currently ranks 35th in volume against all other exchanges according to data from CoinMarketCap. There are currently four markets available: Tether, Bitcoin, Ether and a stable coin conversion for different countries. This last option is a portfolio of several different stable coins that is displayed in the local currency of whatever country the user is operating from. All other coins trade against one of these four markets. The exchange caters mainly to Asian and English speaking customers in terms of their available languages. It is available to users from any country except Canada, USA, and Japan, along with some other smaller nations. These exclusions exist mainly because of regulatory hurdles. How It Works The exchange interface is quite similar to other exchanges like Binance, with a reasonably sophisticated charting feature, order books, and trading history tabs. Users can place limit orders, price condition orders or time condition orders. The limit order functions just like on any other exchange. You enter the price that you are willing to pay for the coin, the order enters the order book immediately, and if the price reaches your chosen level, then your order will be filled. Price condition orders allow you to set an order that only enters the order book if your chosen price condition is met. Time condition orders enter the order book based on your chosen time interval. This means that you can have orders enter the book at set time intervals if you wanted to split your purchase across several hours. Surprisingly, there is no market order option, with users having to match the market price themselves via a limit order. This is certainly a limitation. Trading Fees Fees are quite straightforward. There are currently zero deposit fees. Trading fees for all pairs except USDT/CNYX have a fixed rate of 0.2 percent. Other than this, the only other fee is for withdrawals. These differ according to the trading pair. However, they are fixed rather than percentage based and so do not change in response to the amount of the coin you are withdrawing. There is also a minimum order size of $10.00 value in the trading pair that you need to consider. Available Crypto Assets The diversity and range of trading pairs are certainly impressive. They currently have 266 coins and 356 distinct trading pairs on offer. Of those pairs, the top three are EOS/USDT, ETH/USDT, and BTC/USDT. Margin Trading Unlike most other exchanges, now offers margin trading. Something they recently introduced. Right now it is only available for 24 coins. The maximum leverage traders can use is a factor of three. So, if you were to deposit 10 BTC into your margin account, you could borrow a further 20 BTC, giving you a margin account of 30 BTC. This is a very useful service, although the leverage is far lower than some other exchanges like Bitmex. Traders choose from 10, 20 or 30-day terms for their margin. will liquidate your position if your losses breach levels where you can no longer pay for them. At this point, the exchange will settle all debts from your account and shut down any open positions. Trading fees are the same for margin positions as they are for spot positions. Transfer Limits Withdrawal limits fluctuate according to the coin. For standard accounts, users can withdraw up to 100 BTC, 3000 ETH or 100,000 USDT per day. Though, it is possible to raise these limits upon submitting KYC documents. Importantly, unlike other KYC approval procedures on other exchanges, it does not automatically result in higher withdrawal limits across the board. Instead, you have to email support and ask for a higher limit for a specific coin. There is currently no information regarding daily deposit limits, unfortunately. Company Trust & Reputation One of the controversies surrounding has been activities by US users on the platform. The management team has made it clear it does not support American users, nor has any plans to change this due to the lack of clarity from the SEC, among other factors. There is no mention or proof of being regulated or authorized by national regulators from any country. This is likely in large part because they do not handle fiat currencies and bank transfers. However, this lack of regulatory approval may undermine the trustworthiness of the exchange for more conservative users. Security Measures When you are considering the security of any exchange, there are two vulnerabilities that you as the user need to think about. One is the login and user identity protection mechanisms and the other is the storage mechanism of funds by the exchange. Fortunately, offers very strong account protection. Users must set separate and distinct account and fund passwords and can use two-factor authentication, something we always recommend. Account passwords are used for logging in, while the fund password is reserved exclusively for depositing and withdrawing funds. On the fund security side, based on the information available, practices do seem rigorous. Though the limited amount of information is somewhat troubling. It is, of course, possible that is because they do not want to expose their security setup. says that they practice offline cold storage for the majority of funds. However, they do use hot wallets to store enough to fund daily transactions. had a notable history for robust security and had managed to avoid hacks. However, recently there was a scare, following a disclosure by malware researchers that hackers were targeting users transferring funds in and out of the exchange. Importantly, has said that no users suffered losses, and that they have suspended their relationship with the third-party service that had been compromised. A recent report by ICORating, analyzed the security of the top 100 exchanges as measured by 24-hour volume., unfortunately, ranked 53rd. While it scored well for the user and domain security, it had very poor web security. Their score was certainly disappointing. However, it actually scored better than some other, highly renowned exchanges such as Bitfinex, Gemini and Bitstamp. Customer Support There is a reasonable level of customer service available to users. Once you have logged in, you can either speak to a support member in live chat or submit a ticket for a delayed response. There is also extensive customer support and a comprehensive FAQ page. Conclusion is a good exchange for users who want exposure to a wide range of coins, are likely to make use of margin trading and who do not want to go through extensive KYC to open a basic account. They have been around for several years, having only suffered one security scare, which did not result in any funds being lost. However, it is clear, while its security is superior to many established and premium exchanges, further upgrades need to be made. Of course, you will only be able to use the exchange if you are from an approved country. Useful Resources Customer Support Twitter Telegram Instagram GitHub The post Exchange Review | Is It Safe? appeared first on CoinCentral.
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Ethereum Classic Attack: Will Return Most Funds

On Sunday, rumors spread around the community that there had been a double-spend attack on Ethereum Classic. The team behind the project immediately responded to the rumors, to ease investors. There have been rumors of a possible chain reorganization or double spend attack. From what we can tell the ETC network is operating normally. BlockScout's "Reorg" section shows nothing of the sort. — Ethereum Classic (@eth_classic) January 6, 2019 Since Sunday, the Ethereum Classic attack has been confirmed, and the culprit has fessed up. During ... ﾿ Read The Full Article On Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges. All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.
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Crypto Exchanges Under Fire: DragonEx Hacked, Coinbene Undergoes Sudden Maintenance

Singapore Exchange Loses A Mass Of Crypto Exchanges haven’t had the best start to 2019. Sure, Binance has been doing A-OK with its initial exchange offering (IEO) model, with its resident token rallying past $17, but lesser-known crypto platforms have been suffering. Earlier this year, QuadrigaCX was revealed to have ‘lost’ access to over $150 million worth of Bitcoin, Ethereum, and other assets, as Cryptopia suffered a devastating hack. This facet of the industry’s misfortune has continued, unfortunately enough. According to CoinDesk, DragonEx, a Singapore-based exchange, was hacked. The company announced this unfortunate happening via its Telegram channel, in which DragonEx’s PR staff claimed that funds of users and the platform itself were “transferred and stolen.” DragonEx has yet to divulge the exact details of the crypto assets stolen, including the type and the nominal value. However, the company did post the addresses of the assumed hackers, of which there were about 20 pertaining to a series of assets (Bitcoin, XEM, EOS, XRP, ETC, etc.). From a brief look, a minimum of 135 BTC, 500 Ether, and 4,670 LTC were forcibly yanked from the exchange’s coffers. This, for those who are wondering, racks up to ~$800,000. The full amount hacked, however, could easily be much higher than this sum. DragonEx has purportedly informed a number of local authorities, including those in Estonia, Thailand, Singapore, and Hong Kong, to the attack. Elaborating, the crypto startup wrote: “We’re assisting policemen to do investigation. All platform services will be closed and the accurate assets loss recovery situation will be announced in a week. It was added that the firm will “take the responsibility no matter what.” Coinbene Under Seige? This comes as Coinbene suddenly revealed it would be undergoing maintenance. A tweet from the company claims that it “upgraded the platform wallet… operations such as deposit and withdraw will be affected.” While this is a normal announcement for exchanges across the board, Coinbene’s session came straight out of left field, leading to ramping speculation. Nick Schteringard posted the below message in a bid to draw suspicion to the exchange’s Ethereum wallets, which sent out a mass of ERC-20 tokens yesterday. Some strange activity spotted on #Coinbene. Users report that #ETH wallets were hacked and attach these two addresses. #bitcoin #exchange— Nick Schteringard (@schteringard) March 26, 2019 Coinbene’s ongoing imbroglio comes after Bitwise Asset Management, an American crypto-centric investment services provider, targeted the exchange in its scathing report on fake Bitcoin trading activity. As reported by Ethereum World News previously, Bitwise drew attention to “suspicious exchanges” such as the little-known CoinBene to back its report. CoinBene purportedly utilizes “trade printing” between the bid and ask prices, hinting that there could be an automated system behind much of the trades. Thus, some have concluded that this sudden period of maintenance could be the platform’s bid to rectify bots and other bad actors. Photo by Markus Spiske on Unsplash The post Crypto Exchanges Under Fire: DragonEx Hacked, Coinbene Undergoes Sudden Maintenance appeared first on Ethereum World News.
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Japanese E-Commerce Giant, Rakuten, Gets Nod of Approval by FSA to Launch Crypto Exchange

Rakuten, the e-commerce giant and Japan's Amazon has completed the registration of its cryptocurrency exchange Rakuten Wallet that will be going live next month, as per the press release of the company on March 25. The official announcement reads: “We are pleased to announce that our registration with the Kanto Finance Bureau has been completed […]
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$3.4M Huobi Prime Sale Shows Investor Enthusiasm Remains High

Huobi Prime successfully completed its first initial exchange offering (IEO) on Huobi Prime this afternoon. The sale concluded in a matter of seconds, and raised $3.4M – proving that investor enthusiasm for the new token sale format isn’t confined to Binance Launchpad. TOP Network, a blockchain-based messaging service, was the first project featured on the new platform. More than 1.5bn TOP tokens were sold, around 7.5% of the total supply. The token was made available for trading almost immediately, and at the time of writing was exchanging hands at a multiple of around four times the asking price. The sale comprised three funding rounds, each offering larger quantities at a slightly higher asking price than the last. Although each round was set to last 30 minutes, each round was heavily oversubscribed and finished within seconds of opening. The first round completed within seven seconds. Huobi only announced its new Prime feature last week, as Crypto Briefing reported. Unlike the first few sales on Binance Launchpad, which were open to the general public, Huobi requires eligible participants to hold 500 Huobi Tokens (HT) – used to purchase tokens – at least 30 days prior to the sale. As Ross Zhang, Huobi’s head of marketing said at the time, this was to ensure the exchange gave equal opportunities to investors who were “involved and invested in our ecosystem”. Binance announced Sunday that Launchpad sales would now feature a new lottery-based format to its token sales. Better Protections For Investors… Unless Conflicts Arise? What makes IEOs interesting is that they tweak the token sale model. Instead of direct transactions between investors and projects, the exchange itself forms the counter-party. Participants must register and create an account on the platform, and this requires them to first pass KYC/AML checks. It’s also within the best interests of exchanges to ensure sales are full compliance. It’s their necks on the line and this means they are likely to carefully vet projects first. As Huobi said in its initial announcement, tokens must first pass a “[r]igorous screening and selection processes to ensure only premium projects that have yet to be listed on any major exchange are included.” Binance upgraded its own KYC/AML procedures today. Other exchanges are also looking at the IEO model, and despite a failure to launch with their first effort, Bittrex is seeking to offer VeriBlock as its next attempt. The VeriBlock project, which counts Bittrex CEO Bill Shihara as an advisor, would be valued at over $200M if the sale is completed successfully. Bittrex includes a disclaimer on its website explaining that as a result of Shihara’s dual role, “Bittrex holds a customary minority equity position in an affiliate of the sponsor of the VBK Coin Initial Exchange Offering, and will indirectly benefit from the successful completion of the Initial Exchange Offering.” Whether this discourages investors remains to be seen. Few would have thought three months ago that sales such as BitTorrent (BTT), Celer Network (CELR) and now TOP Network would have been possible. KuCoin’s Spotlight platform will be hosting its first token sale next week. Is an IEO season upon us? The author is invested in digital assets, but none mentioned in this article. Join the conversation on Telegram and Twitter! The post $3.4M Huobi Prime Sale Shows Investor Enthusiasm Remains High appeared first on Crypto Briefing.

Why the New ‘Apple Card’ Credit Card Doesn’t Compete With Bitcoin

The Apple credit card launches this summer. Here’s why it nothing like Bitcoin and is more underwhelming than a utility token with no use-case. Apple Announces Credit Card Apple has long been revered as the world’s most innovative company. There’s no denying that the smartphone changed the way billions of people around the world live their lives forever. But it’s time for the trailblazing tech company to wake up and smell the roses. While Apple was releasing one carbon-copy product after another at higher and higher prices, the competition was busy doing the opposite. Now the high-end, high-priced tech manufacturer is scrambling to hold its own in a rapidly evolving market. And with the launch of its underwhelming Apple Card, there’s something sad about the stench of its desperation. Apple Card vs Samsung’s Built-In Bitcoin Wallet Apple’s largest competitor apart from the slew of cheaper Chinese products is undoubtedly Samsung. The South Korean giant hasn’t had an easy ride either with equally pricey products getting undercut left and right. But as one large company embraces the future, its flagship Galaxy S10 coming with a built-in Bitcoin wallet, Apple’s response is disappointing, to say the least. Rather than acknowledge the cryptocurrency revolution, and appeal to a younger market, the smartphone manufacturer aims to ‘disrupt’ the credit card industry. Isn’t that the wrong pool to be swimming in? The revolution won’t come in the form of borderless transactions since it’s only available in the United States. It also won’t be peer-to-peer, eliminate centralized institutions, or greatly reduce fees. Although its interest rates will be: Among the lowest in the industry Mind. Blown. Apple’s game plan is more about additional security of payments, no annual or foreign transaction fees, and the fact that (wait for it) its partner Goldman Sachs will never sell your data for marketing. You can even buy yourself a coffee on the Goldman Sachs blockchain. You just have to trust Apple and Goldman Sachs to do so. It’s a Custodial Hardware Hot Wallet The Apple Card will come built into the iPhone’s Wallet App, which effectively makes it a custodial hardware hot wallet for USD. Apple claims they will never track your transactions, and all the information will be held on your device. Users can request a laser-etched titanium card, should they be so inclined, although, there seems to be little point in that. In fact, why even offer a traditional card for a wallet the company wants you to get rid of in the first place? If you’ve failed to be bowled over by so much innovation so far, there’s more. Users can track their spending on their phone through a user-friendly app. You Have to Trust Goldman Sachs In the wake of major gaffes by tech companies like Facebook and Google, Apple is pushing its next-generation security and privacy features. The centralized entity will not track your transactions and Goldman Sachs (the other centralized entity) has agreed not to sell user data. Explosive stuff compared to a decentralized alternative financial system which requires no intermediaries at all. Increased adoption of Apple Pay? Perhaps. A revolution in finance? It’s just as well Cook wasn’t speaking at a Bitcoin conference, the audience would have walked out in droves. Steve Jobs Would Have Had Bitcoin in iOS by Now Apple Card seems like a desperate bid to push Apply Pay onto the people rather than let them to choose how they manage their finances. CEO Tim Cook enthused that the card was: The most significant change in the credit card experience in 50 years. Exactly where has he been lately? Steve Jobs would have Bitcoin integrated into iOS by now.  The aim of the game is presumably to bump up the adoption of Apple Pay in partnership with market leaders MasterCard and Goldman Sachs. Two giant financial institutions that will hardly feel the pinch from Apple Pay and its meager card. There are no real tangible benefits for users of the card beyond a few outstandingly mundane offers. For example, paying for Apple products with your built-in Apple Card gets you a whopping 1-3% cash back on purchases. So what is Apple thinking entering an already saturated market that swathes of people are trying to overthrow? Once on the cutting-edge of innovation, Apple now seems to be extremely myopic when it comes to the future. What do you this of this new credit card? Will it undermine payment-focused cryptocurrencies with low fees? Share your thoughts below! Images via Shutterstock The post Why the New ‘Apple Card’ Credit Card Doesn’t Compete With Bitcoin appeared first on
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