Binance to Confirm Margin Trading Launch Plans

According to CEO of the exchange, Changpeng Zhao, the corresponding code is ready and the system is currently being tested.
08 May 2019   1116

The head of Binance Changpeng Zhao confirmed the information that the exchange will soon launch margin trading.

During the discussion with the community on the eve of the hacker attack, Zhao stressed that Binance would soon launch margin trading.

Changpeng said they are working on a margin trading system that will be launched very soon. Initially, it will be launched for key clients, large traders who will help test it. 

According to him, the corresponding code is ready and the system is currently being tested. In addition, Zhao noted that Binance is actively discussing the possibility of issuing its own steylcockin, and also is selecting candidates for the next IEO on the Launchpad platform.

However, over the next week, the marketplace team will be fully focused on studying security issues and addressing the effects of hacking. Consequently, the above development and discussion of future plans for Binance is likely to be postponed for some time.

DEAPCOIN IEO to be Held at OKEx on 8.04

The project is planning to raise $2M a the price of 1 DEP on IEO will be $ 0.0025
25 March 2020   1029

OKEx Exchange announced Wednesday the 11th initial exchange offering (IEO). It will be conducted by the DEAPCOIN Project (DEP) and will be held on April 8th.

As in previous OKEx campaigns, the selection of participants and the selection of the allocation coefficient will be carried out according to two criteria: the average daily balance of OKB and the trading volume on the exchange. For each of the groups, allocation of 400 million DEP tokens is allocated.

The price of 1 DEP on IEO will be $ 0.0025. Thus, the project intends to attract up to $ 2 million from OKEx users. Trading in USDT and USDK pairs will start on the same day.

The DEP token was released by DEAPCOIN to shape the economy around the PlayMining entertainment platform they are developing, where users can earn cryptocurrency during games. DEP is presented as an ERC-20 standard token, while game items on the blockchain will use the ERC-721 standard.

Despite the generally negative dynamics of the IEO space recently, the token of the previous placement of the OKEx platform - HyperDAO - that passed at the end of February is currently trading almost 3 times higher than the initial selling price.