80% of the 2016 Top Exchanges to be Replaced

In 2016, largest cryptocurrency exchanges were OKCoin (184th now), Btctrade (50th now) and Huobi (still at 3rd place)
30 May 2018   569

Over the past 2 years top cryptocurreny exchanges list have met big changes. The research was made by Bitcoin. com.

As of August 2016, according to the data of Coinmarketcap, the leading exchange for crypto-currency was Okcoin.cn with a 24-hour trading volume of $ 440 million. Today it occupies only 184 lines with a volume of $ 17,000. Then and now the main crypto-currencies on the exchange were bitcoin and Litecoin.

The second line in 2016 was occupied by Btctrade, with $ 218 million daily volume. At the moment, this exchange is on the 50th position with a volume of only $ 21 million. Today BTC and ETH is the most actively traded at the exchange.

2016 Top Exchanges List
2016 Top Exchanges List

From the first ten of 2016 only 2 exchanges were able to remain among the largest trading platforms: Huobi and Kraken. Huobi continues to hold the third position: during this time, its volume of trading increased from $ 165 million to $ 1.2 billion.

This is the list of the leading stock exchanges in the world for 2016 and today:

  1. Okcoin.cn (184 now). Today: Binance
  2. Btctrade (50 now). Today: OKEx
  3. Huobi. Today: Huobi
  4. CHBTC (closed). Today: Bitfinex
  5. BTCC (33 now). Today: Upbit
  6. Poloniex (26 now). Today: Bithumb
  7. BTC100 (closed). Today: HitBTC
  8. Btcbox (23 now). Today: Kraken
  9. Itbit (39 now). Today: GDAX
  10. Kraken. Today: Bibox

Thus, the rapid changes in the segment of the cryptocurrency are undergone not only by digital assets, but also by infrastructure elements, such as cryptocurrency exchanges. Among the most popular coins, as of 2016, included Maidsafe, Nxt, Dogecoin and even The DAO.

OKCoin CEO to Acquire LEAP Holdings Group

OKC Holdings Corp bought 3.2 billion shares at HK 0.15 per share, controlling 60.49%
25 January 2019   621

CEO of the Chinese bitcoin exchange OKCoin Star Xu has become the largest shareholder of LEAP Holdings Group, which is listed on the Hong Kong Stock Exchange (HKEX). The deal amounted to $ 60 million, according to a press release from HKEX.

OKC Holdings Corp, the company controlling OKCoin, acquired 3.2 billion shares at HK 0.15 per share, controlling 60.49%.

In turn, Star Xu owns 52.32% of OKC Holdings Corp through StarXu Capital and OKEM Services Company.

Gan Ma through Vlab Capital (5.08%), Bo Feng through Golden Status Ventures (9.86%) and Jing Shi (13%) also have a stake in OKC Holdings Corp.

OKCoin reported on intension to acquire LEAP Holdings for HKEX listing in mid-January.

Earlier, the Korean exchange Bithumb announced its intention to become a public company in the US jurisdiction, absorbing Blockchain Industries.