Chinese exchanges have been battling it out to list as many ERC-20 Tokens as they can. Two of the largest Chinese exchanges, Yunbi, and BTER, recently listed several ERC-20 Tokens in the last week. You may not trade on these exchanges, but does this trend signal an opportunity for you?
Yunbi added:
OMG OmiseGo on August 6th
PAY TenX on August 12th
LUN Lunyr on August 12th
BTER has added:
OMG OmiseGo on August 4th
PAY TenX on August 5th
CVC Civic on August 9th
STORJ Storj on August 11th
Gatecoin, a Hong Kong exchange refers to itself as a Bitcoin and Ethereum Token exchange.
Many crypto enthusiasts were talking about the recent price spikes in PAY and OMG. What they did not know was that these increases in price came from Chinese exchanges buying up enough of the coin to list and sell on their exchanges.
Just yesterday STORJ and LUN saw massive spikes in price, with the prices up over 200% in some cases. PAY also saw its high before Yunbi listed it.
Monaco is another ERC Token that saw an incredible rise yesterday, and I am assuming that it will get added to a Chinese exchange very soon, possibly Yunbi or BTER. All of the newly added tokens are relatively new Tokens with recent ICOs, so it makes sense for them to add them now.
My question to anyone reading this is: "What do you think will be the next ERC-20 Token to get added to a Chinese exchange?" ... as the answer to this question may very well yield some incredible gains.
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Zb.com a chinese crypto exchange and a trading App accessible to traders on tip of their fingers is launching a new branch. The full-fledged brand of Zb.com will be opening in Thailand with plans to make itself a Southeast Asian Crypto Trading Hub.
Just click on the link read more: Coinpedia.org
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