Because of the growing attention towards Zcash (ZEC) cryptocurrency, EXMO exchange reports about the launching of trades in four currency pairs at a time: ZEC/BTC, ZEC/USD,ZEC/EUR, ZEC/RUB.
28th July, EXMO cryptocurrency exchange expanded the list of financial instruments, having integrated Zcash (ZEC) cryptocurrency, which total market capitalization is estimated at $302 700 000. The cryptocurrency has gained users’ attention and trust because of the high degree of anonymity of transactions in the system and the simplicity of its mining.
Why it’s cryptocurrency Zcash (ZEC) that we’ve chozen?
The decision to launch this cryptocurrency was based on the results of the survey, conducted earlier among active exchange users, according to which, Zcash (ZEС) cryptocurrency took the first place.
New financial instruments of Zcash
It should be noted that due to Zcash integration platform users are able now to perform trading operations for the most demanded currency pairs: ZEC/BTC, ZEC/USD, ZEC/EUR, ZEC/RUB. The deposit and the withdrawal are already accessible on the page “Wallet”.
Let us remind you, that EXMO cryptocurrency exchange has already added three new currency pairs: ETH/EUR, ETH/LTC, DASH/RUB and also promising WAVES token. In the near future the company is also planning to extend the list of financial trading instruments.
Follow our updates, that are published on EXMO trading platform in the “News” section and follow us on Telegram, Facebook, Twitter pages.
Thank you for staying with us!
Best regards, EXMO team
On July 23, 2017 Bitcoin ecosystem made the first step towards SegWit adoption by activating BIP91 protocol. Miners, developers and users are thrilled, waiting for UASF activation as known as BIP148, on August 1, 2017. It might lead to the hard fork.
Leading cryptocurrency exchange HitBTC has published the official statement:
HitBTC stands for SegWit activation. We believe that planned changes and improvements will receive strong community support and result in the technology efficiency and prosperity. We hope that all the negative scenarios, political issues and malicious acts will stay on the sidelines and Bitcoin community will make a weighted and appropriate decision.
Customers’ funds security is our highest priority. We will suspend Bitcoin and its tokens USDT, MAID and AMP deposits and withdrawals from July 31st till August 2nd to protect users from replay attacks and network instability. The timing may vary, we will keep you informed about any updates.
If there is no chain split and the Bitcoin blockchain functions properly, we will resume deposits and withdrawals.
Even if the UAHF happens, we will take all the necessary technical steps to support the new blockchain. We will fund every Bitcoin holder with the newly born asset.
For the sake of your assets security we advise you to limit the number of Bitcoin transfers and keep your funds in one place. HitBTC assures its users that all Bitcoin funds, holding on exchange, will be safe during the uncertainty of potential chain fork.
Paul Clarkson, product manager at HitBTC, states:
“We strongly believe that improving Bitcoin community and partnership is the best way for growing up. That’s why we maintain SegWit activation. We guarantee that all Bitcoin funds of our users will be safe and hope for Bitcoin Core scaling strategy to give a fruitful result.”
HitBTC is an innovative multi-currency exchange with high liquidity, low fees and no limits for depositing or withdrawing cryptocurrency. The platform has been operating since 2013 and it is still growing and gaining popularity rapidly. Daily trading volume on the exchange currently exceeds $34’000k and is forecasted to increase.
Segregated witness or SegWit is the key part of multiple Bitcoin Improvement Proposals (“BIPs”), including BIP141, BIP148(user activated soft fork), BIP149 and BIP91 that needs 80% of hash power, signaling for readiness, is needed for.
On September 7, Stockholm will host Sweden’s first major conference dedicated to cryptocurrencies and blockchain technologies: Blockchain & Bitcoin Conference Stockholm.
The event is a part of the greatest network of events held by Smile-Expo in St. Petersburg, Moscow, Prague, Tallinn, and Kyiv.
Stockholm will bring together foreign experts and representatives of Swedish cryptocurrency community to discuss cryptocurrency legal regulation, blockchain application in the FinTech and non-financial sector. Speakers will tell the audience about the role of smart contracts in the decentralized economy, creation, and development of blockchain projects as well as discuss Swedish market growth.
The country has been already used the record system for land titles based on the smart contract technology. And in June, one announced a new project in government energetics: the department of Vattenfall government corporation in cooperation with 20 European companies started developing a new blockchain-based platform for electronic trading.
Energetics is considered to be one of the most prospective areas for the blockchain industry. Thus, Sweden’s experience in successful project implementation will be adopted by many European and world’s countries.
Karolina Marzantowicz, leading IBM engineer, will talk about the ways of applying distributed databases and smart contracts in the energetic sector at Blockchain & Bitcoin Conference Stockholm. The topic of her presentation: Blockchain impact on Energy & Utilities Industry.
Within her presentation, the expert will reveal in detail mechanisms of technology application in the energy selling sector and electric power system changes caused by blockchain, including cost saving, avoiding third parties, and more transparent price formation.
We would like to note that the conference includes the exhibition of blockchain projects, cryptocurrency mining hardware, and software.
More detailed information and registration can be found on the Blockchain & Bitcoin Conference Stockholm website.
Bitcoin mining is a very competitive industry as miners worldwide are verifying transactions while securing the network for economic incentives. Bitcoin.com takes mining seriously with its world-class mining pool as well as offering the best cloud mining contracts in the industry. In the last quarter alone Bitcoin.com in partnership with a large confidential North America-based data center has purchased over US$15M worth of Bitcoin mining equipment and have sold more than $8M in cloud mining contracts.
Cloud mining is a unique service that allows anyone to earn bitcoins through the mining process without having to purchase specialized hardware or use complicated software. In essence, users purchase the mining power from a data center enabling them to obtain bitcoins. Bitcoin.com started its cloud mining operations back in May and has seen record sellouts ever since.
“Our hashrate demand seems to be growing in lockstep with Bitcoin price, and it doesn’t show signs of slowing,” explains Bitcoin.com developer Shaun Chong after the first wave of cloud mining contract sales were sold.
Bitcoin.com’s CEO Roger Ver is thrilled to see pool.bitcoin.com and the firm’s cloud mining services gain so much interest.
“This clearly shows that Bitcoin.com is one of the most profitable companies in the entire ecosystem today. With our continued efforts we will pave the way for the future mass adoption of Bitcoin via on chain scaling as originally outlined by Satoshi Nakamoto.”
We can see the significant interest for bitcoin mining as specialized hardware and chips are getting harder to obtain because global manufacturers can’t keep up with the demand.
“Our partnership with one of the largest data centers in North America has enabled us to purchase millions of dollars worth of mining equipment. This allows Bitcoin.com the ability to offer the best cloud mining services in the industry.”
As one of the main security components for bitcoin, the most trusted and tested blockchain worldwide, mining will continue to be a profitable industry. Bitcoin.com’s pool aims to sustain its leadership by offering the very best mining structure to its clients with 110 percent block reward and 0 percent fees. Further, our cloud mining offering includes three contract durations for maximum flexibility: three months, six months, and lifetime (while profitable) plans. Bitcoin.com sells cloud mining to continue growing its hashrate that supports on-chain scaling, and utilizes sales revenue to purchase more mining hardware.
Bitcoin.com is a leader in the digital currency and blockchain industry by leveraging multiple facets of this emerging and innovative technology. The company’s mining pool and cloud services are growing in unison with bitcoin’s natural development as the future of money.
For more information please visit www.bitcoin.com